Thursday 14 January 2016

NNPC/CHEVRON JV WINS REUTERS AWARD FOR BEST OIL DEAL

The Nigerian National Petroleum Corporation (NNPC) and its Joint Venture (JV) partner, Chevron Nigeria Limited, have clinched the prestigious Thomson Reuters/PFI Magazine “Africa and Middle East Oil Deal of the Year Award 2015.”

NNPC in a statement wednesday stated that the award was in recognition of the novel $1.2 billion multi-year drilling financing package for 36 offshore/onshore oil wells under the NNPC/CNL Joint Venture initiated under the Accelerated Upstream Financing Programme executed at a signing-ceremony in London in September, 2015.
 

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