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Wike woes investor to Niger-Delta, says region safe for investment

Wike woes investor to Niger-Delta, says region safe for investment
vanguardngr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from vanguardngr.com Daily Mail and Mail on Sunday newspapers.

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Angola: Total Starts Production From Zinia Phase 2, Successful Short-cycle Development on Block 17

Regulatory News: Total (Paris:FP) (LSE:TTA) (NYSE:TOT), operator of Block 17 in Angola, together with the Angolan National Oil, Gas and Biofuels Agency, announce the start of production from Zinia ....

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Oman State Oil Firm to Sell Assets to Fund $7.9 Billion Spending

(Bloomberg) Energy company OQ SAOC plans to reduce its reliance on Oman’s strained finances by selling assets, issuing bonds and refinancing debt to fund a $7.9 billion spending plan over the next five years. ....

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Oman State Oil Firm Plans Sale to Fund $7.9B Spending

Oman State Oil Firm Plans Sale to Fund $7.9B Spending
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Energy company
OQ SAOC plans to reduce its reliance on Oman’s strained finances by selling assets, issuing bonds and refinancing debt to fund a $7.9 billion spending plan over the next five years.
Camp with retired oil pumps with Marmul, Oman Photographer: Bildagentur-online/Universal Images Group/Getty Images
State-owned OQ will shift focus from reinvesting in the company to achieving funding self-sufficiency, according to a bond prospectus seen by
Bloomberg News. OQ is tapping the international bond market for the first time in an issuance aimed at raising at least $500 million. ....

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Oman state oil firm to sell assets to fund $7.9 billion spending

Energy company OQ SAOC plans to reduce its reliance on Oman s strained finances by selling assets, issuing bonds and refinancing debt to fund a $7.9 billion spending plan over the next five years.
State-owned OQ will shift focus from reinvesting in the company to achieving funding self-sufficiency, according to a bond prospectus seen by Bloomberg News. OQ is tapping the international bond market for the first time in an issuance aimed at raising at least $500 million.
Oman s government, which has pumped $8.6 billion into the company, is looking to shore up its finances after lockdowns and falling oil prices battered the economy last year. Its budget deficit climbed to about 17% of gross domestic product, according to the International Monetary Fund. ....

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