A move to undercut the local content laws of the country and at the same time load the Nigerian National Petroleum Company Limited, NNPC an extra $107,500 daily cost in hiring an operational rig for OML 130 jointly operated by NNPC and TotalEnergies has been uncovered. A petition by the South-South Reawakeing Group alleges that … Continue reading OML 130: Move To Compromise Local Content Laws, Inflate Daily Rig Cost Exposed