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.
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.
ALSO READ:
- Lagos constitutes State Independent System Operator Board, Management Team
- Oil prices drop over 3.5% as US authorizes license for Iranian oil production
- All On invests $1m in Eja-Ice Nigeria to strengthen Cold-Chain infrastructure Off-Grid markets
- TotalEnergies, NNPC Renew AUSEA Technology cooperation on Methane reduction
- NUPRC, NRS strengthen partnership to enhance Oil, Gas revenue collection



