One Week After Kolmani Crude Oil Drilling Flag-Off, NNPC Secures $1.4bn Funding For Hydrocarbon Project

The Nigerian National Petroleum Company Ltd on Wednesday sealed a $1.4bn external project finance agreement jointly arranged by Standard Chartered Bank UK and United Bank for Africa for the Northern Hydrocarbon Funding Limited on behalf.

The agreement was sealed under the NNPC Limited/Chevron Nigeria Limited Joint Venture at an event held in London.