The contractors involves are ; Exxon Mobil Nigeria , Shell Nigeria, Total Nigeria. and others .
By these agreements, NNPCgroup and the Contractors have settled the long-standing disputes that have bedevilled the PSC administration and entered into a new PSC with clearly aligned terms.
This marks a watershed in the administration of deepwater operations in Nigera. Over $10bn of investment will be unlocked as a result of this development.