The oil tycoon who bought Equinor's Nigerian business is in prison over a $1.5 million dispute
The family of Chappal Energies CEO Ufoma Immanuel has petitioned President Tinubu, alleging he was handcuffed to a hospital bed in detention.
Chappal Energies
Nigerian businessman Ufoma Immanuel’s Chappal Energies closes $430 million oil financing
Chappal Energies closes $430 million financing to boost Nigerian oil operations and support field development.
Adegbite Falade-led Aradel commits $20 million to Chappal Energies acquisition
The move is part of a broader plan to diversify its operations and build a stronger presence in Nigeria’s energy sector.
Chappal mulls selling Equity after $860 million TotalEnergies transaction
Chappal Energies seeks new investors to fund expansion following significant acquisitions in Nigeria.
Chappal Energies completes $1.2 billion Equinor Nigeria acquisition
The Nigerian federal government approved the divestment on October 21, 2024, enabling Chappal to take control of ENEC through Project Odinmim.
