Nigeria’s Shoreline in $530mn deal to boost oil output

PUBLISHED: Mon, 22 Jan 2018 07:55:25 GMT
Share

Shoreline Natural Resources recently announced a new $530 million-dollar financing in the Nigerian upstream sector. The company plans to use the funds to refinance its existing debt, enable additional investment in the further development of OML30.

Sign Up for Our Newsletter Daily Update
Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent.
Get this delivered to your inbox, and more info about about our products and services. By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy.