Quicktake: NNPC ends 24-year old production contract with Addax Petroleum
NNPC Limited said it has ended its production sharing contract (PSC) relationship with China-based Addax Petroleum
Tag: Production Sharing Contract
Addax OML license saga: The real facts
Under the PSC, Addax fully funded and operated the development of the OMLs, with profit shared between Addax and NNPC.
FG reveals the current average total cost of crude oil production
The Federal Government has revealed that the current average total cost of production for crude oil is below $30 per ...
