Chappal Energies completes $1.2 billion Equinor Nigeria acquisition
The Nigerian federal government approved the divestment on October 21, 2024, enabling Chappal to take control of ENEC through Project Odinmim.
The Nigerian federal government approved the divestment on October 21, 2024, enabling Chappal to take control of ENEC through Project Odinmim.
This follows allegations made against Conoil in March 2022 by a group of local oil contractors.
Orjiako’s stake in Seplat Energy is valued at $118.5 million.