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TotalEnergies Ordered To Pay NNPCL $285.2 Million, ₦112 Trillion

TotalEnergies Ordered To Pay NNPCL $285.2 Million, ₦112 Trillion

TheNigerian National Petroleum Company Limited (NNPCL)has secured a significant victory against TotalEnergies EP Nigeria Limited in a long-running arbitration, with a tribunal on November 19, 2025, ordering the oil major to pay $285.2 million for excess shared oil. The payment is related to a disput...

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Verified on Dec 24, 2025

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