Scandinavian Oil-Gas Magazinehttp://www.scandoil.com/moxie-bm2/news/petrofac-and-taleveras-sign-mou-with-nigerian-petr.shtmlPetrofac and Taleveras sign MOU with Nigerian Petroleum Development CompanyPetrofac, together with African independent oil and gas company Taleveras Energy Resources Limited (Taleveras), have signed a five
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Edit page New page Hide edit links Petrofac, together with African independent oil and gas company Taleveras Energy Resources Limited (Taleveras), have signed a five year Memorandum of Understanding ("MOU") for cooperation with the Nigerian Petroleum Development Company Ltd (NPDC), a wholly owned subsidiary of the Nigerian National Petroleum Company (NNPC). The MOU, which is extendable, allows the parties to explore options including funding, technical support, training services, and asset development/management support on a risk service contract, production enhancement or similar contract basis, to support NPDC's aims to further build indigenous capacity and technical capabilities of NPDC & its affiliates. The MOU has been reached as part of the ongoing promotion of the Nigerian Oil and Gas Industry Content Development legislation. |