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Community Development
 

 

 

NAPIMS represents the equity holdings of the Federal Government of Nigeria in the Joint Venture operations with many Joint Venture Contractors (JVCs). We also supervise the mechanism of funding the Joint Venture Operations through the Cash-Call Process.

Consequently, we enhance the benefits accruing to the Federation from its investments in the Upstream Petroleum Industry, through effective cost control and supervision of the Joint Venture Contract (JVC) operations. Our current Joint Venture Contracts are:

 

S/N
Joint Venture Contractors
1
:: NNPC/SHELL/ELF/AGIP EQUITY RATIO (55/30/10/5)
2
:: NNPC/MOBIL EQUITY RATIO (60/40)
3
:: NNPC/AGIP/PHILIPS EQUITY RATIO (60/20/20)
4
:: NNPC/ELF EQUITY RATIO (60/40)
5
:: NNPC/CHEVRONTEXACO EQUITY RATIO (60/40)
6
:: NNPC/PANOCEAN EQUITY RATIO (60/40)
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