The Group Managing Director of the Nigeria National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has said that the decision by the corporation to seek alternative financing models for its Joint Venture (JV) projects has restored investors’ confidence characterized by improved Foreign Direct Investments (FDI) inflows into the nation’s oil and gas industry. Baru gave this hint […]
The Minister of State for Petroleum, Dr. Ibe Kachikwu, has directed the Nigerian National Petroleum Corporation (NNPC) and Shell Nigeria Exploration and Production Company (SNEPCo) to commence today the tendering process for the execution of the $10 billion Bonga South West/Aparo (BSWA) deepwater project. The minister’s directive followed the April 17, 2018 meeting between President […]