NETCO, IDSL Record Large Losses of Revenue, Says NNPC Annual Report

NNPC’s upstream technical service subsidiaries NETCO and IDSL, were badly bruised by the challenges in the oil and gas industry in 2020, recording large losses of revenue but eventually clawing victory from the jaws of defeat.

The two companies managed to each turn a profit despite their large year on year declines in revenue. NETCO made…

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