News
VENO NEWS:NNPC Ltd. Restores Production of 275,000 bopd, Settles lingering PENGASSAN - TotalEnergies Management Rift
Date: 13-11-23
Following a peace deal brokered on Sunday, November 12, 2023 by the Nigerian National Petroleum Company Limited (NNPC Ltd.) between the Management of TotalEnergies, operator of the NNPC / TotalEnergies JV, the Petroleum and Natural Gas Senior Staff Association, (PENGASSAN) and the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG), the unions have agreed to suspend ongoing industrial action leading to immediate restoration of 275, 000 barrels of oil per day production.
In a communiqué issued at the end of a marathon negotiation session chaired by Oritsemeyiwa Eyesan, Executive Vice President, Upstream, NNPC Ltd., all parties committed to resolving all the issues within an agreed framework.
The communiqué was signed by TotalEnergies MD/CEO Matthieu Bouyer, PENGASSAN President, Comrade Festus Osifo, and NUPENG President, Comrade Williams Akporegha. It was witnessed by NNPC Ltd.'s, EVP Upstream Oritsemeyiwa Eyesan and Chief Upstream Investment Officer, NNPC Upstream Investment Management Services, Bala Wunti. Also in attendance was Victor Bandele, Deputy Managing Director, TotalEnergies.
Olufemi O. Soneye
Chief Corporate Communications Officer
NNPC Ltd.
Abuja
12 November 2023
Date: 13-11-23
Following a peace deal brokered on Sunday, November 12, 2023 by the Nigerian National Petroleum Company Limited (NNPC Ltd.) between the Management of TotalEnergies, operator of the NNPC / TotalEnergies JV, the Petroleum and Natural Gas Senior Staff Association, (PENGASSAN) and the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG), the unions have agreed to suspend ongoing industrial action leading to immediate restoration of 275, 000 barrels of oil per day production.
In a communiqué issued at the end of a marathon negotiation session chaired by Oritsemeyiwa Eyesan, Executive Vice President, Upstream, NNPC Ltd., all parties committed to resolving all the issues within an agreed framework.
The communiqué was signed by TotalEnergies MD/CEO Matthieu Bouyer, PENGASSAN President, Comrade Festus Osifo, and NUPENG President, Comrade Williams Akporegha. It was witnessed by NNPC Ltd.'s, EVP Upstream Oritsemeyiwa Eyesan and Chief Upstream Investment Officer, NNPC Upstream Investment Management Services, Bala Wunti. Also in attendance was Victor Bandele, Deputy Managing Director, TotalEnergies.
Olufemi O. Soneye
Chief Corporate Communications Officer
NNPC Ltd.
Abuja
12 November 2023
LINKS
- VENO tv: PRACTICAL CHRISTIANITY IN ACTION: CHRIS OKAFOR HUMANITY FOUNDATION BRINGS SUCCOUR TO GRACE NATION CITIZENS AT SPECIAL CHARITY SUNDAY- VENO TV: WHERE IS OLAOLUWA ADETONA, GLOBACOM ROLL-OUT MANAGER? Family Alleges Threats, Secrecy as Search for Missing Telecoms Staff Continues
- VENO tv: Prophecy Watch FUEL INCREASE PALAVER: BISHOP OJO’S PROPHECY HITS TARGET …Warns Pump Price May Still Rise Towards ?1,500–?2,000 Before Stabilising
- VENO tv: FOREIGN NEWS YEMEN BATTLES SAUDI-BACKED FORCES AS ANSARULLAH LEADER SPEAKS …Says Yemenis Are Defending Their Land, Dignity, Freedom and Independence
- VENO tv: ENTERTAINMENT FAITH CHIDIEBERE EZE WINS AMERICA’S MOST CREATIVE NIGERIAN AI MOVIE PRODUCER OF THE YEAR AWARD …Inducted Into Texas’ Elite Movie Hall of Fame VIP Roll Call, Class of 2025
- VENO TV EESSENCE OF REALITY 1 & 2 By Victor Dauda Visual Artist | CEO, Vedee_studio
- VENO tv: ENTERTAINMENT / EVENT VENO EXPERIENCE 2026 5.0: ESTHER DABIRA, TOM SAX, SOLA EWI, OTHERS SET TO PERFORM
- VENO tv: POLITICS 2027: OBA OF BENIN BACKS CONTINUITY AS YARI SEEKS ROYAL BLESSINGS FOR TINUBU’S RE-ELECTION
- VENO tv: OGUN POLITICS ROFOROFO FIGHT LOOMS AS HUNYE WELCOMES YAYI’S LAWSUIT THREAT OVER EKITI ORIGIN CLAIM
- VENO tv: FOREIGN NEWS SANDERS WARNS OVER RAPID AI DEVELOPMENT AS TECH FIRMS DISCUSS NEW SAFETY STANDARDS BODY
- VENO tv: FEATURE KIDNAPPING ECONOMY: HOW RANSOM BECAME ONE OF NIGERIA’S BIGGEST UNDERGROUND CRIMINAL ENTERPRISES — DR. VICTOR ADOJI
- VENO tv: AROUND TOWN EKITI MONARCH FACES SERIOUS ALLEGATIONS -Claims of Relationships With Married Women and Multiple Abortions Surface
- VENO tv CRIMEWATCH EMIR AJAGUNGBADE BURIED AMID TEARS AS POLICE PROBE ILE-IFE PARK KILLING
- VENO tv FEATURE “POLYGAMY IS NOT MY THING” — Alake of Egbaland Reveals As He Marks 83rd Birthday
- VENO TV: BUSINESS DANGOTE: FACTS BEHIND THE OFFER PRESENTATION …Says Refinery Was Not Making Money in January, February …“We Won’t Allow Fuel Queues to Return” …Plans Regional Fuel Pipeline Through Namibia to Zimbabwe
- VENO tv: ENTERTAINMENT CÉLINE DION RETURNS TO STAGE AFTER SIX YEARS
- VENO tv: FOREIGN NEWS TRUMP: AMERICA WILL NEVER FORGET VICTIMS OF 9/11 ATTACKS, 25 YEARS AFTER
- VENOtv POLITICS HEROIC WELCOME AS UDOEDEHE ARRIVES UYO AHEAD OF ADC 2027 CAMPAIGNS
- VENO tv: BUSINESS INVEST IN NIGERIA’S FUTURE: SUBSCRIBE TO DANGOTE REFINERY IPO THROUGH FIRSTBANK
- VENO tv: FROM THE PULPIT “DON’T LET YOUR ACHIEVEMENTS LIFT YOUR SHOULDERS IN PRIDE” — OMO OBA JESU DECLARES
Page 1 of 68 [Next] [Last Page]
