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NNPC Retrieves Addax’s Oil Mining Licences 1 day ago

NNPC Retrieves Addax’s Oil Mining Licences

The Chief Executive Officer of the Nigerian Upstream Petroleum Regulatory Commission (NURPC), Gbenga Komolafe has confirmed that the Nigerian National Petroleum Company Limited (NNPC) has retrieved the Oil Mining Licences (OMLs) 123, 124, 126, and 137, that was previously held under a Joint Venture (JV) agreement between the national oil company and a Chinese company, Addax Petroleum. Addax Petroleum was accused by the regulators of ... Read more

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