NNPC Ltd Resolves PENGASSAN-TotalEnergies Rift, Restarts Oil Production

NNPC Brokers Peace in Oil Sector

by Oluwatosin Racheal Alabi

The Nigerian National Petroleum Corporation (NNPC) Limited successfully mediated the prolonged dispute between the Petroleum and Natural Gas Senior Staff Association (PENGASSAN) and TotalEnergies management. This intervention has promptly reinstated the production of 275,000 barrels of oil per day, a significant boost to the nation’s oil output.

The resolution followed extensive negotiations led by NNPC Ltd’s top officials, culminating in a joint communiqué. Signed by leaders of PENGASSAN, TotalEnergies, and the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG), the agreement reflects a shared commitment to address all outstanding issues within an established framework.

Key figures, including TotalEnergies’ Managing Director Matthieu Bouyer, PENGASSAN President Festus Osifo, and NUPENG President Williams Akporegha, played pivotal roles in this breakthrough. The negotiation, overseen by Oritsemeyiwa Eyesan, Executive Vice President of NNPC Ltd, and witnessed by other high-ranking officials, marks a significant stride in harmonizing the interests of the oil sector’s stakeholders.

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