SAPETRO, TotalEnergies and NNPC Limited Sign Landmark PSC for Deepwater Blocks
Press Release South Atlantic Petroleum (SAPETRO) in conjunction with its consortium partner, TotalEnergies EP Nigeria Limited (TEPNG) has executed a landmark Production Sharing Contract (PSC) with Nigerian National Petroleum Company (NNPC) Limited for Petroleum Prospecting Licenses (PPLs) 2000 & 2001. The agreement is the first PSC concluded under the 2024 Licensing Round and marks a
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