NNPC seeks more royalty on deep offshore, inland basin PSCs

13 January 2017, Abuja – The Nigerian National Petroleum Corporation (NNPC) has proposed some key amendments to the royalty regimes of deep offshore and inland basin Production Sharing Contract (PSC) Act. The proposed increase, it said, would enable the Federal Government improve its PSC royalties collection from both deep water and inland basin oil production […] More »