Elumelu: How Collaboration with NNPCL and NUPRC Boosted Oil Production at Our $1.2bn Asset
Tony Elumelu, Chairman of Heirs Holdings, announced a significant increase in production at OML 17 to 51,000 barrels per day (bpd) thanks to cooperation with the Nigerian National Petroleum Company Ltd (NNPCL) and the Nigerian Upstream Regulatory Commission (NUPRC). The businessman and investor called for strategic investment in Nigeria’s gas…