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Derisking Nigerian business environment is collective responsibility __NNPC
Sopuruchi Onwuka All Nigerians must play significant roles in attracting global investible funds into the highly challenged Nigerian business environment, the Nigerian National Petroleum Company (NNPC) Limited has declared. Chief Financial Officer, Mr. Umar Ajiya, who spoke at the ongoing…
NNPC, TotalEnergies to stake $550m on Ubeta field development
Sopuruchi Onwuka Parties in the operations of Oil Mining Lease (OML) 58 onshore Niger Delta have agreed to deploy additional half billion dollar investment in further development of the acreage area where two oilfields are already producing tirelessly for…
Oando hauls in $550 m for NNPC’s Project Gazelle
Sopuruchi Onwuka Strong financial performance of Oando Plc in 2023 has not only reactivated investors’ interest in the company’s shares but also enabled the indigenous energy company to lead collaboration in raising $925 million for the Project Gazelle of the…
NNPC bags NIMASA certification on ship, port security
Sopuruchi Onwuka The NNPC Ltd has reiterated its commitment to sustain the Company’s march towards process improvement, regulatory compliance and performance excellence. NNPC’s Executive Vice President, Business Services, Mr. Inuwa Danladi, disclosed this while speaking on the recent certification of…
NNPC Ltd solicits EFCC’s support in fight against crude oil theft
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has appealed to the Economic and Financial Crimes Commission (EFCC) to help tackle the menace of crude oil theft in the country. The Group Chief Executive Officer of the company, Mr. Mele…
NNPC Ltd, OPEC pledge collaboration to attract investments, grow production
The Nigerian National Petroleum Company Limited (NNPC Ltd) and the Organization of the Oil Exporting Countries (OPEC) have pledged to work closely together to achieve the nation’s aspirations to attract investments and grow production. The two organizations came to this…
NNPC advocates collaborative war room to tackle operating challenges
The Nigerian National Petroleum Company Limited (NNPC Ltd) has called for deeper collaboration among upstream operators, especially independent producers, to find solutions to the challenges hindering the effective development of divested assets in the nation’s oil and gas industry. The…
NNPC Limited emphasizes optimization of divested JV assets
Sopuruchi Onwuka The Nigerian National Petroleum Company Limited (NNPC) has declared that it is emphatic on the optimization of oil and gas producing assets currently being abandoned by the operating partners who are cashing out their onshore and shallow water…
NNPC Ltd partner US Govt., Deloitte to cut emission at OML 34
Sopuruchi Onwuka The Nigerian National Petroleum Company Limited (NNPC Ltd) has declared that it is working in collaboration with the United States Department of States and international management consultancy firm, Deloitte, to meet its net-zero carbon goals by embarking on…
Akpo FPSO ups output to 84 kbs, 58 MMcm/d
Sopuruchi Onwuka One of Nigeria’s old deepwater oil and gas production facilities, the Akpo Floating Production, Storage and Offloading (FPSO) vessel, has encouraged TotalEnergies to start production of satellite Akpo West oilfield. The French company which operates the Petroleum Mining…
