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LAGOS, May 25 - Nigeria's state-owned oil company NNPC Ltd said on Thursday it had renewed a production sharing contract with Total, China National Offshore Oil Corp and others, a major step to resolving disputes on a deepwater oil block in the Niger Delta. Oil Mining Lease 130 is located offshore Niger Delta at water |

The Nigerian National Petroleum Company Limited has announced the renewal of the Oil Mining Lease 130 Production Sharing Contract and

By Emmanuella Anokam Abuja, May 25, 2023 The Nigerian National Petroleum Company Limited (NNPC Ltd) and the Oil Mining Lease (OML) 130 Partners have closed out the lease renewal process for OML 130 to unlock additional value from the Asset for stakeholders. The NNPC Limited announced the renewal of the OML 130 Production Sharing Contract |

The Nigerian National Petroleum Company Limited (NNPCL) has announced the renewal of a series of agreements concerning Oil Mining Lease (OML) 130.

The NNPC Limited announced the renewal of the OML 130 Production Sharing Contract and conversion of the acreage to a Petroleum Mining Lease in accordance with the Petroleum Industry Act, 2021 provisions on Thursday.

The Nigerian National Petroleum Company Ltd, NNPCL, has entered into an agreement to renew the OML 130 Production Sharing Contract and

The Nigerian National Petroleum Company Limited has announced the signing of a suite of agreements on oil mining license (OML) 130.