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NNPC, Total, Shell, NAOC take FID on 4.3trn ANOH gas fields

The Nigerian National Petroleum Corporation, NNPC, and its Joint Venture partners – Shell Petroleum Development Company, SPDC, Total Exploration and Production Nigeria, TEPNG, and Nigeria Agip Oil Company, NAOC – have reached Final Investment Decision, FID, on the development of the 4.3 trillion cubic feet Assa North/Ohaji South Fields, ANOH, in Oil Mining Lease, OML, 21.
Continue reading NNPC, Total, Shell, NAOC take FID on 4.3trn ANOH gas fields at Vanguard News Nigeria. …

Eterna: Why we’re expanding as oil majors divest downstream operations

Eterna: Why we’re expanding as oil majors divest downstream operations

Mahmud Tukur, managing director, Eterna Plc, says the company is expanding its downstream operations despite Nigeria’s “challenging operating environment”. Tukur was speaking during a press briefing to mark the company’s The post Eterna: Why we’re expanding as oil majors divest downstream operations appeared first on TheCable.

NNPC reverses deficit, posts N2.06bn surplus

The Nigerian National Petroleum Corporation, NNPC, yesterday, announced a trading surplus of N2.06 billion for November 2018, as against the previous month’s deficit of N12.66 billion.
Continue reading NNPC reverses deficit, posts N2.06bn surplus at Vanguard News Nigeria. …

NNPC records N2.06b trading surplus

NNPC records N2.06b trading surplus

The Nigerian National Petroleum Corporation ( NNPC ) in November 2018 recorded a trading surplus of ₦2.06billion, which represented a laudable improvement of 116% over the previous month’s deficit of ₦12.66billion. This increase in performance month-on-month was primarily attributable to improved efficiency of the Nigerian Petroleum Development Company’s (NPDC) operations. The corporation’s Group General Manager, […] …

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