The former Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke had withdrawn the operatorship of some of the oil blocks divested by Shell and other International Oil Companies (IOCs) from the NPDC, a subsidiary of the Nigerian National Petroleum Corporation (NNPC) and opted for Joint Operatorship Model (JOM) with the new owners of the assets, following the perceived poor performance of NPDC.
Tuesday, 2 June 2015
HOW NPDC OUTSOURCES OPERATORSHIP OF DIVESTED OIL BLOCKS
The former Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke had withdrawn the operatorship of some of the oil blocks divested by Shell and other International Oil Companies (IOCs) from the NPDC, a subsidiary of the Nigerian National Petroleum Corporation (NNPC) and opted for Joint Operatorship Model (JOM) with the new owners of the assets, following the perceived poor performance of NPDC.
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