Elumelu advocates synergy between IOCs, local oil firms

The Chairman, Heirs Holdings Group and the Chairman, United Bank for Africa (UBA), Tony Elumelu, has called for strong collaboration between International Oil Companies (IOCs) and indigenous operators towards achieving sustainable development of the oil and gas sector.

Speaking during the 3rd anniversary of Nigerian Upstream Petroleum Regulatory Commission (NUPRC) earlier in the week in Abuja, Elumelu called on international oil companies to increase collaborations with indigenous firms.