How Nigerian businessman Arthur Eze's Atlas Oranto lost oil licenses across 4 African countries
Nigerian tycoon Arthur Eze's Atlas Oranto has lost oil blocks in 4 African countries as governments crack down on dormant licenses.
Arthur Eze
Nigerian tycoon Arthur Eze's Oranto Petroleum loses another block as Uganda rejects permit renewals over lack of work
Arthur Eze's Oranto Petroleum has lost block B3 in South Sudan after Juba refused to renew the permit over a lack of mandatory work on the site.
Nigerian billionaire Arthur Eze loses another license as South Sudan strips Oranto Petroleum of Block B3 for failing to drill or pay
South Sudan has declined to renew Oranto Petroleum's Block B3 licence after Arthur Eze's company failed to conduct seismic surveys, drill a single well or meet financial obligations since 2017.
Arthur Eze built Africa's biggest private oil portfolio by befriending presidents and almost never drilling a well, and now governments are taking their blocks back
Arthur Eze built Africa's biggest private oil portfolio by cultivating presidents and generals, almost never drilling a well, and flipping blocks to oil majors for enormous profit.
Nigerian billionaire Arthur Eze suffers another loss as Chevron cuts ties with Atlas in Equatorial Guinea
Arthur Eze’s Atlas Petroleum lost its Block I stake after payment disputes with Chevron, as Equatorial Guinea moves to secure gas development.
Liberian watchdog questions Nigerian billionaire Arthur Eze, Oranto ties as offshore oil blocks near award
Liberia watchdogs question Oranto Petroleum’s return to offshore blocks, urging tougher vetting as Arthur Eze-linked deals move toward new contracts.
Nigerian billionaire Arthur Eze’s Atlas Oranto cites $45 million investment before Senegal license loss
Atlas Oranto spent $45 million on Senegal exploration and staff training before the government revoked its offshore license.
Senegal revokes Nigerian billionaire Arthur Eze’s offshore exploration license
Senegal revokes Nigerian billionaire Arthur Eze’s Atlas Oranto offshore license after years of unmet obligations.
Nigerian billionaire Arthur Eze faces backlash in Liberian parliament over oil deal
Liberian MPs have urged colleagues to reject production-sharing deals with Arthur Eze’s Atlas Oranto, citing a chequered record and opaque terms. The Boakai administration says the agreements will revive offshore exploration.
Nigerian billionaire Arthur Eze secures four oil blocks in Liberia
Nigerian billionaire Arthur Eze’s Atlas Oranto wins four oil blocks in Liberia, boosting the nation’s energy sector revival.
Arthur Eze to pay $10 million to regain oil blocks in Equatorial Guinea
Authorities there are demanding a $10 million bonus from him if he wants a chance to recover his oil blocks in the small but oil-rich nation on Africa’s west coast.
Nigerian businessman Arthur Eze recovers stolen assets worth millions of dollars
The EFCC upheld the forfeiture of 20 properties, 10 vehicles, and luxury watches to Eze, dismissing appeals by his brothers.
Nigerian billionaire Arthur Eze receives two-year oil exploration license extension in Uganda
Prince Arthur Eze founded oil exploration and production company, Atlas Oranto, in 1991, and built it into one of Africa’s largest independents.
Nigerian billionaire Arthur Eze’s oil exploration licenses in Uganda have expired
Oranto Petroleum Limited, owned by Nigerian billionaire Arthur Eze, recently saw its oil exploration licenses in Uganda’s Kikuube district, expire.