Nigerian Govt Takes Over Oil Block from Shell

The government has directed the Nigerian National Petroleum Corporation to take the operating licence granted the oil giant for Oil Mining Lease 11, located in Ogoni, Rivers State. OML 11, is one of the most important oil blocks in Nigeria, in terms of oil and gas production, lies in the south eastern Niger Delta and contains 33 oil and gas fields, including Bodo, Bodo West and Yorla fields.

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