DPR Hands Over OML 98 To NPDC

 

The Department OF Petroleum Resources (DPR) has handed over the Oil Mining Licence (OML) 98 to the Nigerian Petroleum Development Company (NPDC), the upstream unit of the Nigeria National Petroleum Corporation (NNPC).

This is coming almost one year after Pan Ocean Oil Corporation’s ownership of the asset, along with the assets of five other companies, were revoked for failing to meet up…

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