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Addax finally acquires Knock Adoon FPSO after protracted lease
Sopuruchi Onwuka Nigerian based independent petroleum exploration and production company, Addax, as finally taken ownership of the main production vessel which has been pumping and processing oil and gs from operated mining license offshore Niger Delta. The acquisition of the…
NNPC scrambles management team for recovered Addax assets
Sopuruchi Onwuka Nigerian National Petroleum Company Limited (NNPCL) is working to minimize activity downtime at the oil block just recovered from Addax Petroleum after an exit settlement. The company which is visibly shopping more assets to beef up operated production…
