The Nigerian National Petroleum Company Limited (NNPC Ltd.) has held talks with a South Korean consortium led by Daewoo E & C on the development of gas projects in Nigeria. The discussions which held in Seoul, South Korea, yesterday were aimed at deepening NNPC Ltd.’s drive to tap into the nation’s vast gas resources to…
NNPC — The Nigerian National Petroleum Company Ltd. (NNPC Ltd.) has signed a Memorandum of Understanding with TotalEnergies for the adoption and deployment of a methane detection information and communications technology known as Airborne Ultralight Spectrometer for Environmental Application (AUSEA) in all its upstream operations. The national oil giant made the disclosure on Tuesday in…
The Nigerian National Petroleum Company Limited (NNPCL) has rejected the move by the Senate Committee on Appropriation to increase the crude oil production benchmark in the 2024 Appropriation Bill from 1.7 million barrels per day to 1.8 mb/d. The Group Chief Executive Officer of NNPCL, Mele Kyari, kicked against the plan during an interactive session…
President Muhammadu Buhari on Tuesday inaugurated the Wadi-B Drilling Well Campaign in Borno State signalling the formal resumption of crude oil and gas exploration activities in Chad Basin area. Prof. Babagana Zulum, Governor of Borno, performed the spud-in ceremony on behalf of the President. The project is being handled by the Nigerian National Petroleum Company…
The Nigerian National Petroleum Corporation (NNPC) Limited said by virtue of the appointments of Mele Kyari and Umar Ajiya as the Group CEO and CFO respectively by President Muhammadu Buhari to directed the affairs of the new public oil company, they are entitled to their terminal benefits from the defunct Corporation. The NNPC Limited made…
