China's Sinopec (SNP) has signed a preliminary deal to buy stakes in Nigerian onshore oil blocks from Total (TOT) worth ~$2.4B, Bloomberg reports. The French group said in September it planned to sell assets worth $15B-$20B in the period up to 2014 to raise cash for oil and gas projects.
China's Sinopec (SNP) has signed a preliminary deal to buy stakes in Nigerian onshore oil blocks...
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