Investment company, Heirs Holdings, has commenced work on Oil Mining Lease (OML) 17, in which it acquired a 45% stake a year ago. While the Nigerian National Petroleum Corporation (NNPC) owns a 55% stake in the oil field, Heirs Holdings, last year (2021), acquired a 45% stake of the onshore property from Shell Petroleum Development … Continue reading One Year After Acquisition, Heirs Holdings Begins Work On Oil Field