Nigeria’s Bonga field development: A fraudulent investment

Nigeria’s Bonga field development: A fraudulent investment
11 November 2018, Sweetcrude, Port Harcourt — A production sharing contract is not a complex arrangement. It is simply a financing arrangement whereby the financier puts forward private equity to develop the assets of an owner/occupier who could not command the kind of cash put forward by the financier, with the understanding that the repayment … More »

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