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Tag Archives: Lagos

Helicopter flying from oil rig crashes in Nigeria, killing 4

LAGOS, Nigeria — Aviation officials say a helicopter traveling from an oil rig has crashed into the lagoon in Nigeria’s commercial capital, Lagos, killing four people. Spokesman Yakubu Dati of the Federal Airports Authority of Nigeria said the helicopter belongs to Bristow, a Houston, Texas-based firm that charters helicopters to oil and gas companies. Dati said four people died and ...

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Exclusive: Nigeria favors local firms in $40 billion oil contract awards

nigeria

By Emma Farge and Tim Cocks DAKAR/LAGOS (Reuters) – Nigeria has awarded most of its long-term oil contracts worth an estimated $40 billion a year to local companies, according to a confidential list seen by Reuters, meaning global traders need to partner with them to access crude from Africa’s top producer. Global commodity traders, refiners and Nigerian dealers jockey at ...

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