NNPC | Egypt Oil & Gas
Egypt, Nigeria Sign Agreement to Expand Petroleum Ties
The Egyptian General Petroleum Corporation (EGPC) and the Nigerian National Petroleum Corporation (NNPC) have agreed to expand future cooperation and increase the contribution of Egyptian petroleum companies to develo...
Nigeria LNG Secures Contracts to Deliver Natural Gas for 20 Years
Nigeria LNG Ltd (NLNG) has signed agreements with NNPC Ltd and several oil companies to deliver 1.29 billion standard cubic feet of gas per day (bcf/d) for 20 years in support of its liquefaction plants and expansion ...
Four Oil Giants Halt Legal Action Against Nigeria’s NNPC
Four major oil giants, ExxonMobil, Shell, Chevron, and Equinor, have agreed to end their lawsuits that collectively attempted to enforce multibillion dollar arbitration awards against a Nigerian state-owned oil compan...
TotalEnergies Announces Start of Production at the Ikike Field in Nigeria
It is announced that TotalEnergies, the operator of the OML99 field (40%) and the Nigerian National Petroleum Corporation (NNPC, 60%) have started production at the Ikike field in Nigeria. Through a 14 km multiphase p...
Nigeria’s NNPC to Acquire Stakes in Dangote Refinery
Nigeria has granted its state oil firm, the Nigerian National Petroleum Corp’s (NNPC), an approval to acquire around 20% of Dagnote oil refinery stake for $2.76 billion, Timpire Sylva, Junior Oil Minister, said,...
Nigeria’s NNPC Seeks to Restore Port Harcourt Refinery in Q1
The state owned Nigerian National Petroleum Corporation (NNPC) has completed negotiations to take a loan from the Afreximbank of $1 billion for repairing its Port Harcourt refinery during the Q1 2021, sources told S&a...
SEPLAT, NNPC Start Work on $700 MM Natural Gas Project in Nigeria
SEPLAT Petroleum Development Company (SEPLAT) is set to initiate work on the construction of a $700 million natural gas plant at Assah, encouraging rural development and create jobs, according to The Nation. Bryant Or...
NLNG Pays $13 B for Gas Purchase
Nigeria LNG Limited (NLNG) has paid over $13 billion to the Federal Government for feed-gas purchase since the inception of its operations, the company said on Twitter. NLNG has also paid over $7 billion in dividends ...
