Jimcol Resources Raises N2 Billion in Commercial Paper Issuance for Oil and Gas Services
Jimcol Resources Nigeria Limited successfully raised N2 billion through a Series 2 Commercial Paper issuance as part of its N5 billion Commercial Paper program. The company, a leading oil and gas service provider, specializes in asset integration, maintenance, and other related services.
With a history of consistent revenue and profit growth, Jimcol has secured major contracts with top clients like ExxonMobil, Shell, and Chevron. The company's recent expansion into subsea services and acquisition of TWL Surveyor highlight its technical leadership in the industry.
Iheanyi Nwachukwu, a seasoned journalist, plays a key role in the company's communication strategy.
Plus234Feed summary based on reporting from Business Day. Read the original report below.
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