in Short

Nigeria Total seeks buyer for a 12.5% ​​stake in Oil Mining Lease (OML)

The French multinational Total seeks buyer for a 12.5% ​​stake in Oil Mining Lease (OML) 118, a deposit located about 120 km off the Delta.
The amount of these assets is estimated at $ 750 million, according to reports, noting that the cessation of the deep-water deposit is part of the Total 2020 project which involves the disposal of assets worth $ 5 billion. dollars in the world and acquire new ones.

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