NNPC Resolves Lingering Total Energies, PENGASSAN, NUPENG,s Rift, Restores Production of 275,000bpd

NNPC Resolves Lingering Total Energies

OpenLife Nigeria reports that the Nigerian National Petroleum Company Limited, NNPCL, has brokered a peace deal amongst 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),

Following the peace deal brokered on Sunday by the Nigerian National Petroleum Company Limited, NNPCL, the unions have agreed to suspend ongoing industrial action leading to immediate restoration of 275, 000 barrels of oil per day production.

This is made known through a statement signed by Olufemi O. Soneye, Chief Corporate Communications Officer, NNPC Ltd and made available to OpenLife.

According to the statement, all parties are committed to resolving all the issues within an agreed framework.
This is in accordance to a communique issued at the end of a marathon negotiation session chaired by Mrs. Oritsemeyiwa Eyesan, Executive Vice President, Upstream, NNPCL.

The communique was signed by Total Energies MD/CEO Mr. Matthieu Bouyer, PENGASSAN President, Comrade Festus Osifo and NUPENG President, Comrade Williams Akporeha.

It was witnessed by NNPC Ltd, EVP Upstream, Mrs. Oritsemeyiwa Eyesan, and Mr. Bala Wunti, Chief Upstream Investment Officer, NNPC Upstream Investment Management Services, (NUIMS).

Also in attendance was Mr. Victor Bandele, Deputy Managing Director, Total Energies.