The Nigerian National Petroleum Company Limited on Thursday said it had signed suites of OML 130 agreements with its partners.
A statement issued by the company said, “Today marked a significant milestone as we executed the OML 130 Suite of Agreements with our valued partners: CNOOC, SAPETRO, TUPNI, PRIME 130 and NUPRC.
“The suite included Production Sharing Contracts, Heads of Agreement (HoA) Amendment, Settlement Repayment Agreement, Concession Contracts for 1 PPL and 3 PMLs, and Lease & Licence Instruments.”
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