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NNPC restores 275,000 bopd production

Following a peace deal brokered Sunday by the Nigerian National Petroleum Company Limited (NNPC Ltd.) between the Management of TotalEnergies, operator of the NNPC / TotalEnergies JV, the Petroleum and Natural Gas Senior Staff Association, (PENGASSAN) and the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG), the unions have agreed to suspend ongoing industrial action leading to immediate restoration of 275, 000 barrels of oil per day production.

Chief Corporate Communications Officer, NNPC Ltd, Olufemi O. Soneye, disclosed this in a statement he issued on Sunday.

In a communiqué issued at the end of a marathon negotiation session chaired by Executive Vice President, Upstream, NNPC Ltd., Oritsemeyiwa Eyesan, all parties committed to resolving all the issues within an agreed framework.

The communiqué was signed by TotalEnergies MD/CEO, Matthieu Bouyer, PENGASSAN President, Comrade Festus Osifo, and NUPENG President, Comrade Williams Akporegha.

It was witnessed by NNPC Ltd.’s, EVP Upstream Oritsemeyiwa Eyesan and Chief Upstream Investment Officer, NNPC Upstream Investment Management Services, Bala Wunti, and Deputy Managing Director, TotalEnergies, Victor Bandele.

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