For conceptualising, structuring and delivering an oversubscribed deal in a challenging macro-economic environment, the Joint Finance Team of the Nigerian National Petroleum Corporation (NNPC) and its Joint Venture Partners, Chevron Nigeria Ltd, have clinched the prestigious Thomson Reuters /PFI Magazine 'Africa and Middle East Oil Deal of the Year Award 2015'.
The global award, which is one of the most prestigious in the international financing market, is based on feedback from peers and market operators with full endorsement by the judges at Thomson Reuters/PFI.
Meanwhile, the Minister of State for Petroleum, Dr. Ibe Kachikwu, has expressed optimism that the oil price will rebound and end the year between $40-$50 per barrel as Brent crude traded briefly below $30 per barrel on Tuesday for the first time in 12 years.
