Tag: aGIP

Flood: Oando, Agip, NPDC Donate Relief Materials to 260 Communities

Ganiyu Amodu

On Monday, the NAOC Joint Venture (JV) made up of Oando PLC, Agip and the Nigerian Petroleum Development Company Ltd (NPDC), delivered food and essential commodities to 260 communities affected by flood in Rivers Bayelsa, Delta and Imo states. As a way of assisting the victims, Oando and its JV partners delivered food and essential goods such as beds and non-perishable food items, including bags of 50kg rice, bags of 100kg garri, cartons of tomatoes, vegetable oil, beverage drinks, milk and noodles as well as mattresses, blankets and mosquito nets.…

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Nigeria renews 20 year-Oil block’s lease for Shell, Others, mulls $780m

Efe Wellington

How NNPC inked five agreements including, Dispute Settlement Agreement, Settlement Agreement, Historical Gas Agreement, Escrow Agreement and Renewed PSC Agreement, for its Production Sharing Contract (PSC) partners – Shell, Total, Esso and Agip   The Nigerian National Petroleum Corporation (NNPC) and its Production Sharing Contract (PSC) partners – Shell Nigeria Exploration and Production Company (SNEPCo), Total Exploration and Production Nigeria Limited (TEPNG), Esso Exploration and Production Nigeria Limited (EEPNL) and Nigerian Agip Exploration (NAE) – have executed agreements to renew Oil Mining Lease (OML) 118 for another 20 years. The…

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