The Nigerian National Petroleum Corporation (NNPC) on Thursday received 101 bids from oil traders seeking offshore processing agreements (OPAs) with the state-run oil firm under its crude-for-petroleum products' exchange programme.
Results from the public bid opening, which was coordinated by NNPC’s General Manager, Supply Chain Management, Sophia Mbakwe, in Abuja, showed that some of the bidders included Emirates National Oil Company Singapore Private Ltd, Sahara Energy Limited, Oando Plc, Rain Oil Ltd, Petraco Ltd, Eni Trading and Shipping, and Ene Gas.
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