Nigeria Examines Lessons from Oil Industry's Rejection of Sao Tome's Oil Blocks

Nigeria is urged to learn from the oil industry's rejection of Sao Tome's oil blocks, where only two companies submitted bids, leading to insufficient competition to determine market value.

20 Jul, 11:05 — 20 Jul, 11:05

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Premium TimesMostly Factual45d ago

What Nigeria must learn from oil industry’s rejection of Sao Tome’s oil blocks

Only two companies, Petrobas and Oranto, submitted bids, leaving the authorities without sufficient competition to determine the true market value of the assets. The post What Nigeria must learn from oil industry’s rejection of Sao Tome’s oil blocks appeared first on Premium Times Nigeria.

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Nigeria Examines Lessons from Oil Industry's Rejection of Sao Tome's Oil Blocks

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What Nigeria must learn from oil industry’s rejection of Sao Tome’s oil blocks

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