Essar secures $50m financing from MCB, Trafigura for OPL 226

Ike Amos 30 July 2018, Sweetcrude, Abuja — Nigerian Oil firm, Essar Exploration and Production Limited has secured a $50 million project financing and offtake deal from The Mauritius Commercial Bank Limited (MCB) and Trafigura PTE Limited, for the development of Oil Prospecting License (OPL) 226 in the Niger Delta region. More »