FG revokes Addax Petroleum 4 mining leases

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The Federal Government has revoked all four oil Production Sharing Contracts (PSCs) operated by Addax Petroleum Limited over its failure to develop the assets. The affected PSCs included Oil Mining Leases ( (OMLs) 123, 124, 126 and 127 all of which ...

from Google Alert - Business https://ift.tt/39OJihE
The Federal Government has revoked all four oil Production Sharing Contracts (PSCs) operated by Addax Petroleum Limited over its failure to develop the assets. The affected PSCs included Oil Mining Leases ( (OMLs) 123, 124, 126 and 127 all of which ... https://ift.tt/eA8V8J

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