The Managing Director, Eroton E&P, Ebiaho Emafo in this interview with KINGSLEY JEREMIAH, discusses critical issues in the oil and sector in Nigeria, particularly the challenges faced by indigenous oil exploration and production companies.
Mr. Onajite Okoloko, Chairman Eroton Exploration and Production Company Limited attended the Russian- Africa Economic Forum on the 23rd-24th of October 2019.
During the forum, the Chairman participated in several plenary sessions on the role of Russia’s agenda in Africa and its promotion, Africa’s role in the international financial system, expanding cooperation, export and investment, as well as security challenges.
The Russia-Africa Economic Forum is an important first step towards creating favourable conditions for the development of trade and economic relations between Russia and Africa and to diversify the forms and areas of Russian-African cooperation. A significant set of trade, economic, and investment agreements are expected to be signed following the conclusion of the Forum.
The Forum was attended by African heads of state, representatives of Russian, African, international business and government agencies, and representatives of African integration associations.
Shell Petroleum Development Company (SPDC), Nigerian National Petroleum Corporation (NNPC) and Eroton consortium on Thursday closed the deal involving the acquisition of Oil Mining Lease (OML) 18 by Eroton, THISDAY has learnt.