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Senegal Strips Nigerian Firm Atlas Oranto of Offshore Licence Over Missed Obligations
Senegal has revoked the Cayar Offshore Shallow exploration licence held by Nigerian energy company Atlas Oranto Petroleum due to repeated failures to meet financial and operational obligations. Covering 3,600 square kilometres north of Dakar, the block saw minimal exploration despite several extensions since the licence was awarded in 2008. The Ministry of Energy and Petroleum, under Minister...
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