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Home Latest News

NNPC Ltd Restores Production of 275,000bopd | METROWATCH

*Settles lingering PENGASSAN-Total Energies management rift

Seyi Babalola by Seyi Babalola
November 12, 2023
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*The NNPC Ltd logo

*The NNPC Ltd logo

By Seyi Babalola

Following a peace deal brokered on Sunday by the Nigerian National Petroleum Company Limited, NNPCL, between the Management of Total Energies, operator of the NNPC/Total JV, the Petroleum and Natural Gas Senior Staff Association, (PENGASSAN) and the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG), the unions have agreed to suspend ongoing industrial action leading to immediate restoration of 275, 000 barrels of oil per day production.

 

Olufemi O. Soneye, chief corporate communications officer, NNPC Ltd disclosed this in a statement on Sunday

In a communique issued at the end of a marathon negotiation session chaired by Mrs. Oritsemeyiwa Eyesan, Executive Vice President, Upstream, NNPCL, all parties committed to resolving all the issues within an agreed framework.

READ ALSO  Subsidy Removal: Tinubu to Fix One Refinery Before December, Says NNPCL | METROWATCH

 

The communique was signed by Total Energies MD/CEO Mr. Matthieu Bouyer, PENGASSAN President, Comrade Festus Osifo and NUPENG President, Comrade Williams Akporeha. It was witnessed by NNPC Ltd, EVP Upstream, Mrs. Oritsemeyiwa Eyesan, and Mr. Bala Wunti, Chief Upstream Investment Officer, NNPC Upstream Investment Management Services, (NUIMS). Also in attendance was Mr. Victor Bandele, Deputy Managing Director, Total Energies.

Tags: NNPCL
Seyi Babalola

Seyi Babalola

Experienced Communications Expert and Journalist with an excellent track record of overseeing every aspect of news publishing from research, news collection/sourcing, editing and distribution. Adept at planning and implementing strategic initiatives across PR, broadcast and digital marketing to attract the target audience. Versatile and proactive individual with interest in public relations, media management, and Fact Checks.

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