Post views: 17 In a momentous ceremony held today, 18 June 2026, the Mbaise …
Read More »NNPC, Chevron sign deal to convert five OMLs to PPL and PML, target 165,000 barrels of oil per day by December 2024
The Nigerian National Petroleum Corporation (NNPC) Limited has announced the signing of an agreement with Chevron Nigeria Ltd (CNL), its joint venture (JV) partner, for the conversion of five oil mining licenses (OMLs) into four oil exploration licenses (PPLs) and 26 oil mining licenses (PMLs). This comes despite the conversion being expected to significantly increase crude oil production — with …
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