The United Bank of Africa, a pan African financial services group with its headquarters in Lagos Nigeria, has acted as an initial mandated lead arranger with a consortium of Nigerian commercial banks in US$1.5bn pre-export finance facility for Eagle Export Funding Limited to enable the forward sale of crude by the Nigerian National Petroleum Corporation and National Petroleum Development Company (NPDC)
Industry
Seplat appoints Roger Thomson Brown as CEO
Seplat, a Nigerian leading independent oil and natural gas producer with eight blocks in the Nigerian Niger Delta region of the country, four of which it operates directly and with shares fully listed in both the Nigerian and the London Stock Exchange has announced Roger Thompson Brown, its former executive director as its CEO
BP switches its focus to low carbon investment
BP has set out a 10-year strategy to transform from an international oil company to an international energy company, as it looks to achieve net-zero emissions by 2050
FutureBrand Index 2020 shows surprising uptick in global perception of oil and gas sector
The results of the FutureBrand Index 2020 has revealed huge changes in the perception and behaviour of global corporates since the start of the pandemic
Somalia appoints board members and chairman for Somali Petroleum Authority (SPA)
The ministry of petroleum and mineral resources of Somalia has approved the board members of The Somali Petroleum Authority (SPA) and appointed Ibrahim Ali Hussein as its first chairman and CEO
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