Skip to main content

Lukoil and NNPC sign memorandum of understanding

Published by , Editorial Assistant
Hydrocarbon Engineering,

President of PJSC LUKOIL Vagit Alekperov and Nigerian National Petroleum Corp. (NNPC) Group Managing Director Mele K Kyari have signed a memorandum of understanding between the companies. The signing took place at the Russia-Africa economic forum in Sochi, Russia.

According to the memorandum, the parties intend to consider possible cooperation in the exploration, production and refining of hydrocarbons in Nigeria as well as upscaling existing trading relationship.

The document also provides for possible design and technical cooperation between the companies and the provision of LUKOIL's know-how in the implementation of production and refining projects.

Read the article online at:

You might also like

Emerson to build new manufacturing hub in Saudi Arabia

The facility will provide customers with services for control systems engineering, staging and testing, manufacturing of differential pressure transmitters and control valves, and pressure relief and solenoid valve assembly.


Embed article link: (copy the HTML code below):


This article has been tagged under the following:

Downstream news Saudi Arabia downstream news Downstream contract news