By Akpandem James In recent years, international oil companies (IOCs) operating in Africa have been moving to sell off some of their assets and relocate to more profitable, environmentally and socially friendly operational landscapes. While some considered moving from one jurisdiction to another within the continent, others contemplated a complete exit. About 26 oil blocks […] The post IOCs divestment: Navigating regulations, unlocking growth opportunities for indigenous oil companies appeared first on The Sun Nigeria.
The main idea of the text is that the divestment of assets by International Oil Companies (IOCs) presents regulatory hurdles but also significant growth opportunities for indigenous oil companies. It explores how indigenous companies can navigate the complex regulations surrounding these divestments while capitalizing on the chance to expand their operations and market share.
