NNPC, four partners resolve 12-year dispute over deepwater assets, to unlock $10 bln investment

NNPC, four partners resolve 12-year dispute over deepwater assets, to unlock $10 bln investment: According to the NNPC chief executive officer, Mele Kyari, over $10 billion worth of investment would be unlocked as a result of the agreements, which signaled the end of the long-standing disputes over the interpretation of the fiscal terms of the Production Sharing Contracts (PSC) and the emplacement of a clear and fair framework for the development of the huge deep-water assets in Nigeria.