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First Hydrocarbon Nigeria

Description

First Hydrocarbon Nigeria Company Limited  (FHN) was established in 2009 as an indigenous upstream company in accordance with Nigerian law and in line with the Federal Government of Nigeria’s aspiration to expand local capacity in the upstream sector.

FHN was created by Afren in June 2009 as a vehicle for the  purchase Nigerian upstream assets. Up until it went into receivership in early 2015, Afren held 70% of FHN, whose main asset is 45% of Oil Mining Lease OML 26, in the western Niger Delta.

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