Nigeria’s national oil corporation appoints new bosses

NNPC . Off shore oil rig

The Nigerian National Petroleum Corporation (NNPC) has announced new appointments, redeployment and secondments into key positions in the oil corporation . . .

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Nigeria’s national oil corporation appoints new bosses

NNPC in Talks with IOCs, Banks to raise capital for new drilling

NNPC . Off shore oil rig.jpg

NNPC in Talks with IOCs, Banks to Finance New Drilling, Repay Debt

The Nigerian National Petroleum Corporation (NNPC) is in talks with oil majors and banks to raise capital for new drilling and to repay up to $4 billion in debt that the state oil company has accumulated over years of mismanagement, the Group Managing Director of NNPC, Dr. Ibe Kachikwu, has told Reuters . . .

Continue reading “NNPC in Talks with IOCs, Banks to raise capital for new drilling”

NNPC in Talks with IOCs, Banks to raise capital for new drilling