Africa Oil to repay BTG Pactual debt, expects dividends in 2021

Africa Oil to repay BTG Pactual debt, expects dividends in 2021

The oil company, part of the influential Lundin Group ($21.1bn turnover), is prospering thanks to income from its shares in Prime Oil & Gas B.V., which is operated by Total and Chevron in Nigeria.

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            ▪ Africa Oil to repay BTG Pactual debt, expects dividends in 2021

▪ The oil company, part of the influential Lundin Group ($21.1bn turnover), is prospering thanks to income from its shares in Prime Oil & Gas B.V., which is operated by Total and Chevron in Nigeria.

https://www.africabusinessplus.com/en/805475/africa-oil-to-repay-btg-pactual-debt-expects-dividends-in-2021/

Keith Hill, CEO of Africa Oil Corp and former COO at Occidental Petroleum and Shell, is preparing the oil firm for “the coming recovery in oil prices”, as he explained during a presentation this month.

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