The "Pan-African" investment company, Heirs Holdings, did not divulge details on its participation in the Seadrill Mobil Units offshoot of the drilling contractor but said Elumelu had been appointed chairman of the board for the local unit.
"The partnership makes strong commercial sense, bringing together a major global player and a leading African participant in the oil and gas industry," Elumelu said in a statement.
"Successful
