FG, SEEPCO, PENGASSAN Resolves Industrial Disputes, Reached Amicable Resolutions For Industrial Harmony

The Federal Government, sterling oil and PENGASSAN in Abuja have put to an end the ongoing lingering dispute that has engulfed one of the oil rich company in Nigeria in recent times so as to promote industrial harmony and long-term growth in the oil industry.

According to a source who spoke to our correspondent in Abuja recently on the condition of anonymity, said Sterling Oil Exploration & Energy Production Company Limited (SEEPCO) and PENGASSAN (Petroleum and Natural Gas Senior Staff Association of Nigeria) have reached to a constructive and amicable resolution on all outstanding matters affecting workers in oil company following a collaborative engagements facilitated by the Federal Government recently.

According to the source in the ministry of labour, Employment and productivity disclosed that several meetings were since the beginning of the year under the supervision of federal government authorities, leading to this milestone agreement .

The amicable resolution of all the matters involved in the disputes reflects the shared commitment to promote industrial harmony, supporting national production goals, and enhancing the overall wellbeing of personnel within the oil and gas sector.

According to him, the agreement was a clearly indications of both parties 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 have reaffirmed their commitment to internal resolution of matters and proactive engagement in addressing future issues.”

“Sterling Oil expresses appreciation to 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 vital roles in facilitating a fair and forward-looking agreement.

This resolution marks a positive step toward strengthening trust and cooperation across the industry, and Sterling Oil remains focused on contributing to Nigeria’s energy development through sustainable and inclusive practices along with mutual collaboration from respective unions.”