August 24, 2026
—Target $21bn investment
By Obas Esiedesa, Abuja
The Nigerian National Petroleum Company Limited (NNPC Ltd) and its partners in Oil Mining Lease (OML) 118 have executed agreements for the development of the Bonga South-West Aparo (BSWAp) deepwater project, paving the way for the project to progress towards Final Investment Decision (FID).
The agreements, signed on Monday, comprise an Addendum to the OML 118 Production Sharing Contract (PSC) and an Addendum to the Dispute Settlement Agreement (DSA).
