ConocoPhillips to sell its Nigerian businesses to Canada's Oando for $1.79 bln
Dec 20 (Reuters) - Oil giant ConocoPhillips will sell its Nigerian businesses for about $1.79 billion to Oando Energy Resources Inc.
Oando Energy, which is focused on oil exploration and production in Nigeria and the Gulf of Guinea, said it paid $435 million in cash to ConocoPhillips when it signed the deal.
- First Ebola case diagnosed in the United States: CDC |
- Advanced iOS virus targeting Hong Kong protestors -security firm
- Hong Kong democracy protesters and officials mark uneasy National Day |
- U.S. orders airlines to replace cockpit displays on 1,300 Boeing airplanes
- Japan volcano death toll likely to rise to around 46 as more victims found