oil mining licenses (omls) 83 and 85

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    Business FG Secures $700m Funding for OMLs 83, 84

    Plans by the Federal Government to grow Nigeria’s crude oil reserves to 40 billion barrels by the year 2020 received a major boost yesterday with the execution of a $700 million funding agreement for Oil Mining Licenses (OMLs) 83 and 85, offshore Nigeria. The country, at the moment, has 37...
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