Sterling Oil Exploration & Energy Production Company Limited (SEEPCO) and the Petroleum and Natural Gas Senior Staff Association of Nigeria( PENGASSAN) have resolved all contentions following a truce brokered by the Federal Government.
The truce followed collaborative engagements to enhance industrial harmony and long-term growth, and was facilitated by the FG on the 4th of June, impeccable sources confided.
According to the source, there were multiple rounds of meetings since the beginning of the year under the supervision of government authorities, leading to the milestone agreement.
The agreements were to promote industrial harmony, boost national production and enhance the overall wellbeing of workers in the oil and gas sector. In addition, the agreement indicated direction to both parties under adherence to federal laws and industry regulations.
The agreement also underscores Sterling Oil’s dedication to upholding regulatory compliance, fostering capacity development for Nigerian professionals, and sustaining open dialogue with stakeholders.
In the spirit of mutual respect and long-term collaboration, both parties reaffirmed commitment to internal resolution of matters and proactive engagement in addressing future issues.
Sterling Oil appreciated PENGASSAN leadership, the Ministry of Petroleum Resources, the Ministry of Labour and Employment, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), and NNPC Limited for their roles in facilitating a fair and forward-looking agreement.
This resolution marks a positive step toward strengthening trust and cooperation across the industry Sterling Oil remains focused on contributing to Nigeria’s energy development through sustainable and inclusive practices along with mutual collaboration from respective unions.
