Equatorial Guinea lauds TechnipFMC, Schlumberger for proactive in local content
The Minister of Mines and Hydrocarbons in Equatorial Guinea, Gabriel Mbaga Obiang Lima, has commended two leading international oil services companies including Schlumberger and TechnipFMC for their sustainable and proactive measures taken to comply with the country’s prevailing local content…
100% foreign ownership of multinationals alien to any Nigerian business law—Senate
…May probe CAC over poor scrutiny on submitted returns By virtue of the provisions of the Act establishing Corporate Affairs Commission (CAC), foreign company or multinational investing and registering a company in Nigeria must have Nigerian(s) on the board with…
