Prospective investors in the ongoing divestment by Shell Petroleum Development Company (SPDC) and its Joint Venture (JV) partners are aggressively lobbying for the operatorship of the four oil blocks.
The private investors, it was gathered are pushing for the federal government to set aside the Joint Operating Agreement (JOA) between the Nigerian National Petroleum Corporation (NNPC) and the international oil companies (IOCs), which vests the operatorship of relinquished oil blocks on the NNPC.
...
AllAfrica Subscription Content
You must be an allAfrica.com subscriber for full access to certain content.
You have selected an article from the AllAfrica archive, which requires a subscription. You can subscribe by visiting our subscription page. Or for more information about becoming a subscriber, you can read our subscription and contribution overview.
For information about our premium subscription services:
You can also freely access - without a subscription - hundreds of today's top Africa stories and thousands of recent news articles from our home page »
Already a subscriber? Sign in for full access to article