NNPC Receives $1 B Funding for Upstream Operations

• Monday, 7th September 2020
• by Jack Beckford

The Nigerian National Petroleum Corporation (NNPC) has received a prepayment funding of around $1billion to support the upstream operations of its subsidiary company, the Nigerian Petroleum Development Company (NP ...

Nigeria’s Trans Forcados to Resume Operations by Q2 2017

• Monday, 30th January 2017
• by Mariana Somensi

The Trans Forcados pipeline is likely to be reopened around the end of the second quarter of 2017, according to Seplat Petroleum Development Company Plc’s CEO, Austin Avuru.

Marginal Fields Contributed 3% to Nigeria’s Crude

• Monday, 3rd October 2016
• by Egypt Oil & Gas

Nigeria’s marginal oil fields contributed 3% of the country’s crude oil production during a 12-month period from July 2015 to June 2016.