A British firm, Savannah Petroleum Plc, has said it will consider more oil and gas acquisitions in Nigeria, calling a purchase completed late last year as the starting kit for further expansion.
The firm had in November last year announced the completion of the acquisition of Seven Energy International Limited, a Nigerian oil and gas exploration, development, production and distribution group. Savannah’s Chief Executive, Andrew Knott, was quoted by Reuters as saying he would look at other assets that were no longer material for bigger players…
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