Confusion as FG, oil majors claim losses to oil production contracts
Serious apprehension has emerged in the nation’s oil industry over who is really gaining much or losing more as far as the prevailing Oil Production Sharing Contracts (OPSC) is concerned. OPSC is the contractual arrangement between oil production majors and…
Chevron highlights 2017 plan, expresses worry over FG’s contracting process delays
Leading oil and gas company and Joint Venture masters in Nigeria’s petroleum industry, Chevron Nigeria Limited (CNL), on Tuesday at the Pan Atlantic University (PAU), in Lagos listed strategic industry development plans. However, it listed critical impediments frustrating development speed…