Thursday 25 February 2016

HOUSE TO INVESTIGATE $260M USAN DEEP WATER CONTRACT AWARD

778-Gabriel-Kolawole.jpg - 778-Gabriel-Kolawole.jpgThe House of Representatives wednesday mandated its Committees on Petroleum Resources (Upstream) and Public Procurement to investigate the $260 million Usan Deep Water project contract approved by a department of the Nigerian National Petroleum Corporation (NNPC), the National Petroleum Investment Management Services (NAPIMS).

NAPIMS granted approval for Esso Exploration and Production Nigeria Limitedd, a subsidiary of ExxonMobil, to award four single source contracts for the project allegedly without a tendering process.
 

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