NNPCL renews oil PSC with its partners after 3 decades of conflict.

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The Nigeria National Petroleum Company Limited, NNPCL says it has renewed oil production sharing contracts (PSCs) with its partners, after about thirty years. The company also said it has resolved the lingering disputes with its PSCs contractors. What is this deal about? Production Sharing Contracts are contracts between E&P and the government concerning how much … Read more