Nigerian billionaire Arthur Eze loses another license as South Sudan strips Oranto Petroleum of Block B3 for failing to drill or pay
Billionaires Africa | 01.05.2026 00:46
South Sudan has declined to renew Oranto Petroleum's exploration licence for Block B3, citing the Nigerian company's failure to conduct seismic surveys, drill as committed or meet its financial obligations to the government, the South Sudan Ministry of Petroleum announced on April 30.