NNPC awards oil contracts to 50 companies

NNPC awards oil contracts to 50 companies

The Nigerian National Petroleum Corporation, NNPC, has awarded oil-lifting contracts to 50 companies.

32 of them are Nigerian firms while others are owned by government and foreign companies.

According to a Reuters report, the contract will last for two years.

It was reported that the contracts are usually for one year.

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The companies awarded the contracts are:

Nigerian companies:

AA Rano

Aipec

AMG

Arkleen

Barbedos

Bono Energy

Casiva

Cretus

Emadeb

Eterna

Gladius Commodities

Hinstock

Leighton

Levene

Masters Energy

Matrix

MRS

North West

Oando

Sahara Group

Ocean Bed (Sahara trading subsidiary)

Propetrol

Prudent

Setana

Setraco

Shoreline

Ultimate Gas

Voyage

West African gas

Zitts and Lords

Obat Oil & Gas

Duke Oil (NNPC subsidiary)

International trading firms and refiners:

Augusta, Switzerland based

BB Energy, Lebanon

Cepsa, Spain

Glencore, Switzerland based

HPCL, Indian refiner

Litasco, Trading arm of Russia’s Lukoil

Mocoh, Switzerland

Petraco, Switzerland

Petrobras, Brazil

Sacoil, South Africa

SEER, South Africa’s SacOil Energy Equity Resources Ltd

Socar, Trading arm of Azerbaijan’s Socar

Total, France

Trafigura, Switzerland

Vitol, Britain

Calson, Vitol/NNPC joint venture

Sonara, Cameroon refining co

ZR Energy

Governments

China

India

South Africa

Turkey

Ivory Coast

Ghana

Liberia

Niger

Sierra Leone

Senegal

Togo

Malawi

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