How Oil Output from Addax-operated OMLs Fell from 130,000bpd to 7,000bpd Amid OPEC Deficit thisdaylive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thisdaylive.com Daily Mail and Mail on Sunday newspapers.
NNPC, Addax End 24-year Oil Production Deal as Antan Takes Over Four Assets – THISDAYLIVE thisdaylive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thisdaylive.com Daily Mail and Mail on Sunday newspapers.
The takeover comes three months after the execution of the Addax Transfer, Settlement, and Exit Agreement (ATSEA) for the PSC Oil blocks, OMLs 123/124 & 126/137, operated by Addax Petroleum Ltd.
The Nigerian National Petroleum Company Ltd (NNPC) said it has taken over the operation of Production Sharing Contract (PSC) for four oil wells from Addax