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Scottish commercial law firm Burness Paull credited a strong performance in key sectors for a near-40% jump in annual profits.

Emmanuel Addeh in Abuja and Peter Uzoho The Nigerian National Petroleum Corporation (NNPC) yesterday stated that, along with its partners, the national oil company was set to earn over $760m from various fresh agreements on gas supply. The deals on the Oil Mining Lease (OML) 130 included a Production Sharing Agreement (PSA), Production Sharing Contract (PSC), Gas Supply Purchase Agreements (GSPAs) and Gas Entitlement Agreement (GEA). The agreements which are part of the corporation’s gas commercialisation programme involve Total Exploration and Production Nigeria (TEPNG), China National Off...

NNPC, partners sign gas agreements, target $760m revenue The Punch Published 3 July 2021 The Nigerian National Petroleum Corporation and its partners in the Oil Mining Lease 130 Production Sharing Agreement and Production Sharing Contract are projecting to earn over $760m from the Gas Supply Purchase Agreement and Gas Entitlement Agreement executed by the parties in Abuja. NNPC said on Friday that the agreements were part of the corporation’s gas commercialisation programme and involved Total Exploration and Production Nigeria, China National Offshore Oil Corporation, South ...

(AFRICAN EXAMINER) – The Nigerian National Petroleum Corporation (NNPC) and its partners in the Oil Mining Lease (OML 130) Production Sharing Agreements (PSA) and Production Sharing Contract (PSC) are set to earn over $760m from fresh Gas Supply Purchase Agreements (GSPAs) and Gas Entitlement Agreement (GEA) executed Thursday at the NNPC Towers. The agreements which are part of the Corporation’s gas commercialization programme involve Total Exploration and Production Nigeria (TEPNG), China National Offshore Oil Corporation (CNOOC), South Atlantic Petroleum Nigeria Limited (SAPETRO) and Pr...

OML 118 Dispute: Kyari’s leadership and Nigeria’s next billion barrels, By Momodu Abutu ADVERTISEMENT Mother Nature has a way of depositing its vast treasures wherever it pleases. In the wonderful world of hydrocarbons, these resources are either placed onshore (on land) or offshore (in water). Beneath the hidden depths of the world’s seas, ranging from a few hundreds to several thousands of feet (called deepwater), therein lies vast fortunes of oil and natural gas resources. These resources have the capacity to boost world economic growth and play a vital role in the future of the rapi...