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Nigeria Government Evaluates Addax Petroleum’s Assets

Following the Nigerian federal government’s revocation of the Production Sharing Contracts (PSCs) on four assets belonging to Addax Petroleum Exploration Nigeria Limited (APENL), the Department of Petroleum Resources (DPR), has

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Nigeria Revokes Addax Petroleum’s Four Oil Blocks for Non-performance

Nigeria’s Department of Petroleum Resources (DPR) has revoked four Oil Mining Licences (OMLs) belonging to Addax Petroleum due to the non-development of the assets by the petroleum company. The affected