NNPCL Takes Over Addax Multi-Billion Dollars PSC Assets

The Nigeria National Petroleum Company Limited says it has taken over the operation of Production Sharing Contract assets from Addax Petroleum Development Nigeria Limited. The NNPCL Chief Corporate Communications Officer, Garba Deen Muhammad, said this in a statement on Tuesday. Muhammad said all closing obligations had been concluded and the assets transferred to the Concessionaire, NNPC Limited. READ ALSO: Oil Workers Kick As Petrol Hits N650 Per Litre OML 18: Fire Guts Nigeria Oil Block’s Wellhead Nigeria Begins Deep Offshore Oil Blocks’ Mini-Bid Round Nigeria To Auction Seven Oil Blocks…

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