The Nigerian National Petroleum Company Limited (NNPC) has asked the High Court in Abuja to stop their ongoing legal tussle with some branches of Mobil Nigeria and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC).
They put forward this request on June 11, 2024, as part of their efforts to reach a final agreement regarding the sale of Mobil Producing Nigeria Unlimited (MPNU) to Seplat Energy Offshore Limited.
NNPC, represented by their legal team Afe Babalola & Co., has asked the court to allow them to drop the case and erase it from the records, but with the option to bring it back if the settlement talks fail.