Daily Archives: August 3, 2017

Nigeria: NNPC, IOCs Sign Alternative Financing Agreements for Two Oil Projects

2017-08-05T21:33:15+00:00

By Chineme OkaforAbuja — The Nigerian National Petroleum Corporation (NNPC) has disclosed that it has signed two different alternative financing agreements on Joint Venture (JV) oil and gas projects with two International Oil Companies (IOCs), which could boost Nigeria's reserves and production as well as generate incremental revenue worth $16 billion to the federal government. [...]

Nigeria: NNPC, IOCs Sign Alternative Financing Agreements for Two Oil Projects 2017-08-05T21:33:15+00:00

NNPC, Shell, Chevron Sign Agreements to Boost FG Revenue by $16 billion

2017-08-05T21:33:23+00:00

Two sets of alternative financing agreements on Joint Venture (JV) projects to boost reserves and production in line with government’s aspiration were executed in London on Monday between the Nigerian National Petroleum Corporation (NNPC) and two of its JV partners: NNPC/Chevron Nigeria Limited (CNL) JV and NNPC/Shell Petroleum Development Company (SPDC) JV. The two projects [...]

NNPC, Shell, Chevron Sign Agreements to Boost FG Revenue by $16 billion 2017-08-05T21:33:23+00:00