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Petrofac and Taleveras sign MOU with Nigerian Petroleum Development Company


Published Dec 4, 2013
Petrofac

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.

Tags: Petrofac




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