NNPC | Egypt Oil & Gas

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 co ...

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.

Nigeria’s NNPC to Acquire Stakes in Dangote Refinery

Nigeria 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.

Nigeria’s NNPC Seeks to Restore Port Harcourt Refinery in Q1

The state owned Nigerian National Petroleum Corporation has completed negotiations to take a lone from the Afreximbank of $1 billion for repairing its Port Harcourt refinery during the Q1 2021.

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 gas plant at Assah, encouraging rural development and create jobs.

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.

Morocco, Nigeria to Build Pipeline in Record Time

Morocco and the Nigerian National Petroleum Corporation (NNPC) have reassured their commitment to carry out the natural gas pipeline cooperation agreement (PCA).

Schlumberger Signs $700m Oil Deal in Nigeria

Nigeria signed a deal with Schlumberger to provide $700m for the development of two oil fields in the country’s crude-rich south.

Nigeria’s Diesel Price Crashes by 42%

NNPC announced that the price of diesel has crashed by about 42% nationwide,.

Indonesia to Purchase More Crude Oil From Nigeria

The Nigerian National Petroleum Corporation (NNPC) announced that Indonesia is interested in increasing its purchase of crude oil from Nigeria.

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