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

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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NNPC Spokesman, Kennie Obateru, Bags NIPR Fellowship

  The Nigerian Institute of Public Relations, (NIPR) on Thursday in Bauchi at its Annual General Meeting, conferred the prestigious Fellowship Award on Dr. Kennie Obateru, Group General Manager, Group Public Affairs Division of the Nigerian National Petroleum Corporation. Obateru, a self-driven and an amiable PR practitioner, joined the NNPC in 1992 as an experienced hire. READ ALSO: 36 Nigerian Governors Okay N385/litre Petrol Price Hike NNPC in epoch-making haulage of 96 line pipes for $2.8bn AKK project Through the years he has served in various capacities as: General Manager/Head…

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