Word on the street is that some operators are a bit apprehensive. Any fault pertaining to the exercise could lead to a heavy fine
After diplomatic intervention from its home country, the fine was reduced to N330 billion payable in tranches. The company was also mandated to list on the NSE.
13. The Nigerian National Petroleum Corporation (NNPC) will resume prospecting in the Chad Basin, Gongola and Benue Trough.
In order to surmount the security issues in the region, the corporation has requested the support of the military