Antan Producing Limited, a fully owned subsidiary of the Nigerian National Petroleum Company (NNPC) Limited has appointed Sagiru Jareje as its managing director, to manage four oil blocs taken over from Addax Petroleum.
On Tuesday, NNPC Ltd announced it has terminated its production-sharing contract (PSC) with Addax Petroleum Development (Nigeria), a development that led to the taking over of four oil blocs such as Oil Mining Lease (OML) 123, OML 124, OML 126 and OML 137.
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