Agbami Oil Field Development
Sector: Water Supply and Storage • Location: Ikorodu, Lagos State, Nigeria
Source: Business Insider Africa
Famfa Oil, led by Folorunso Alakija, secured Oil Prospecting Licence 216 in 1993 and later developed the Agbami oil field (Oil Mining Lease 127) in deep offshore Nigeria. The project involved exploration, partnership with Star Deep Water Petroleum and Petrobras, and production start in 2008. The project faced legal challenges from the Nigerian government regarding ownership stakes, which Famfa Oil
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Participants
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Status
Original status | completed |
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Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
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Contact
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Description
Description | Famfa Oil, led by Folorunso Alakija, secured Oil Prospecting Licence 216 in 1993 and later developed the Agbami oil field (Oil Mining Lease 127) in deep offshore Nigeria. The project involved exploration, partnership with Star Deep Water Petroleum and Petrobras, and production start in 2008. The project faced legal challenges from the Nigerian government regarding ownership stakes, which Famfa Oil successfully defended in court. |
Original sub-sector | Obfuscated |
Original Currency | USD |
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Location
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Source
Source reliability | High |
Data quality score | 100% |
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URL | obfuscated_data,obfuscateddata.com |
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