TheNewsGuru

Tag: Upstream Operations

  • NNPC obtains $1bn to fund Upstream Operations of NPDC

    NNPC obtains $1bn to fund Upstream Operations of NPDC

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    by

    Olaotan Falade
    in ,

    The Nigerian National Petroleum Corporation (NNPC) has obtained a prepayment funding of approximately US$1b to support the upstream operations of its subsidiary, Nigerian Petroleum Development Company (NPDC). This is contained in a statement signed by Kennie Obateru, NNPC’s Group General Manager Group Public Affair Division. The crude oil prepayment has, according to the ststement, enabled…