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Tag "production sharing contract"

EXPLAINER: Increased output, higher revenue… what Nigeria stands to gain from NNPC’s OML deals

    EXPLAINER: Increased output, higher revenue… what Nigeria stands to gain from NNPC’s OML deals

The Nigerian National Petroleum Company (NNPC) Limited, on Friday, renewed oil production sharing contracts (PSCs) with its partners — after nearly three decades. The renewal is in line with the

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Malami: 5% commission for $62bn debt recovery small — compared to Jonathan’s 30%

    Malami: 5% commission for $62bn debt recovery small — compared to Jonathan’s 30%

Abubakar Malami, minister of justice and attorney-general of the federation, says the five percent commission to Trobell International Limited for the recovery of $62 billion debt is meager. The minister

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Falana writes Kachikwu, demands explanation for ‘$60bn oil revenue loss’

    Falana writes Kachikwu, demands explanation for ‘$60bn oil revenue loss’
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