Nigeria’s oil production has risen to close to 1.8-million barrels a day (bbl/d), oil minister Emmanuel Ibe Kachikwu said ahead of the expected signing of a deal over repayments of $5.1-billion in debt from joint venture projects. Kachikwu is due to sign the deal later on Thursday with oil majors ExxonMobil, Royal Dutch Shell, Eni and Chevron.
Source: www.engineeringnews.co.za
Nigeria flags oil output rise ahead of debt deal with majors
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