NNPC Award New Contracts to Four Companies

The Nigerian National Petroleum Company Limited (NNPC) has awarded new contracts to four companies, including two downstream firms, for the rehabilitation of the country’s pipelines, sparking criticisms from industry operators.

Findings showed Oilserv Limited, A.A RANO Nigeria Limited, Macready Oil & Gas Service Company Limited, and MRS Oil Nigeria Plc emerged as preferred bidders for the maintenance of the pipelines, through the build, operate, and transfer financing model to facilitate crude supply to the refineries and products evacuation from them.

The pipeline network consists of 4,315km of multi-product pipelines and 701km of crude oil pipelines, interconnecting 22 fuel depots, the country’s four refineries, and the jetties at Atlas Cove and Warri.