EXCLUSIVE: NNPC Ltd Takes Over OML 18 As EFCC Probes EROTON Over Unremitted $301m, Mismanagement Of Oil Assets

The Nigerian National Petroleum Company Ltd has taken over the management of Oil Mining License 18 from EROTON Exploration and Production Company Ltd, THE WHISTLER can authoritatively report.

The take over of OML 18 by the NNPC follows the massive discovery of the mismanagement of the oil asset by EROTON Exploration and Production Company Ltd.