Antan Producing Limited, a fully owned subsidiary of the Nigerian National Petroleum Company (NNPC) Limited has appointed Sagiru Jajere as its managing director, to manage four oil blocs taken over from Addax Petroleum.
Ripples Nigeria on Tuesday reported that NNPC Ltd announced it had terminated its production-sharing contract (PSC) with Addax Petroleum Development (Nigeria).
This 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.
