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Sunday, 18 August 2019

15 companies win contracts to lift Nigeria’s oil for 2019/2020


The Nigerian National Petroleum Corporation (NNPC) on Sunday released the list of 15 winners of the crude oil lifting contracts 2019/2020 under the Direct Sale of Crude Oil and Direct Purchase of Petroleum Products (DSDP) arrangement.

The publication of the list winners is coming shortly after the new Group Managing Director of the corporation, Mele Kyari, promised to make the list public as part of his commitment to ensuring transparency and accountability in the operations of the national oil company.

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The list confirms PREMIUM TIMES exclusive report in June this year that 15 winners had emerged after the financial bid exercise held earlier this year.

The Winners

The statement by the NNPC spokesperson, Ndu Ughamadu, gave the list of successful companies as follows:

1. BP OIL INTERNATIONAL LTD./AYM SHAFA LTD.

2. VITOL SA/CALSON-HYSON

3. TOTSA TOTAL OIL TRADING SA/TOTAL NIG. PLC

4. GUNVOR INTERNATIONAL B.V./AY MAIKIFI OIL & GAS CO. LTD.

5. TRAFIGURA PTE LTD./A. A. RANO NIG. LTD

6. CEPSA S.A.U./OANDO PLC

7. MOCOH SA/MOCOH NIG. LTD.

8. LITASCO SA/BRITTANIA-U NIG. LTD./FREEPOINT COMMODITIES

9. MRS OIL & GAS COMPANY LTD

10. SAHARA ENERGY RESOURCE LTD

11. BONO ENERGY LTD./ETERNA PLC/ARKLEEN OIL & GAS LTD./AMAZON ENERGY

12. MATRIX ENERGY LTD./PETRATLANTIC ENERGY LTD./UTM OFFSHORE LTD./LEVENE ENERGY DEVELOPMENT LTD

13. MERCURIA ENERGY TRADING SA/ BARBEDOS OIL & GAS SERVICES LTD./RAINOIL LTD./PETROGAS ENERGY

14. ASIAN OIL & GAS PTE LTD./ EYRIE ENERGY LTD./ MASTERS ENERGY OIL & GAS LTD/CASIVA LTD

15. DUKE OIL COMPANY INCORPORATED.

The contract is for one year effective October 1, 2019, till September 30, 2020.

This is the first time the NNPC would be officially publishing the list of winners of the contract under the DSDP scheme since it began in 2016.

PREMIUM TIMES

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