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From Uche Usim, Abuja
275,000 barrels per day of crude oil production has been restored as the Nigerian National Petroleum Company Limited (NNPC Ltd.) brokered a peace deal 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) on Sunday.
Spokesman of NNPC Limited, Olufemi Soneye, in a statement said the warring parties agreed to sheath their swords and allow the suspended crude oil production to return to full swing.
In a communiqué issued at the end of the negotiation chaired by Oritsemeyiwa Eyesan, Executive Vice President, Upstream, NNPC Ltd, all parties agreed to a resolution 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.
