NNPCL, TotalEnergies, SAPETRO seal new PSC for deepwater licences in Nigeria 

The Nigerian National Petroleum Company Limited (NNPCL), in partnership with TotalEnergies and South Atlantic Petroleum (SAPETRO), has finalized a new Production Sharing Contract (PSC) for deepwater Petroleum Prospecting Licences (PPLs) 2000 and 2001. The agreement, signed under the supervision of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC…