Business EXCLUSIVE: NNPC at War with Agip Over Sidelining of Indigenous oil firm

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LequteMan

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The Nigeria National Petroleum Corporation has reportedly condemned Agip Oil Company for failing to engage Arco Petrochemical Engineering Company, an indigenous petroleum company, for the stop-gap maintenance of the gas plants despite repeated advice by the NNPC, among other things.

Excerpt from Premium Times:

The Nigeria National Petroleum Corporation, NNPC, in a bold move to enforce the country’s local content law, has slammed the Nigeria Agip Oil Company, NAOC for attempting to sideline an indigenous oil firm, Arco Petrochemical Engineering Company.

Despite repeated advice, PREMIUM TIMES learnt that NAOC has consistently flouted NNPC’s directive to engage Arco for the maintenance of major gas facilities located in the Niger Delta region.

With registration number RC46, 805, Arco is a wholly-owned Nigerian firm incorporated in 1980 to provide services to the upstream and downstream sectors of the nation’s oil and gas industry.

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#NNPC #Agip #Arco #Nigeria #PremiumTimes

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