NNPC Moves to Implement New Deep Offshore PSC Framework
The Nigerian National Petroleum Company Limited (NNPC Ltd) is preparing to implement a new framework for deep offshore production-sharing contracts ...
Tag: Production Sharing Contracts
FAAC Receives Full PSC Revenue as NNPC Enforces Executive Order 9
Nigeria’s Federation Account Allocation Committee (FAAC) is set to receive 100% of revenues generated from Production Sharing Contracts (PSCs) following ...
NNPC Remits N121 Billion as Executive Order 9 Boosts Oil Revenue
Nigeria's oil revenue inflows rose sharply in February following the implementation of Executive Order 9 signed by President Bola Tinubu, ...
Nigeria Tightens Grip on Oil Revenues, Reviews PIA Rules
The federal government has initiated a sweeping overhaul of petroleum revenue management, with Finance Minister Wale Edun signaling a potential ...
