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NNPC GROUP SIGNED AN AGREEMENT FOR THE ALTERNATIVE FINANCING OF THE NNPC/SPDC/TEPNG/NAOC JV

Also in London yesterday, 2nd August, 2017. NNPC group signed an agreement for the Alternative Financing of the NNPC/SPDC/TEPNG/NAOC JV.
NNPCgroup/Chevron JV yesterday in London signed a deal on Alternative Financing of the Sonam Project (Project Falcon).

The deal (Project Santolina) is for an accelerated upstream prodn comprising of 156 devt activities across 12 OMLs & 30 fields in d N'Delta.
3. GMD Dr. M. K Baru signed on behalf of NNPC group while Osagie Okunbor (MD SPDC) signed on behalf of Shell Nigeria. 

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