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Nigeria Incorporates State Oil Firm NNPC with $485 Million Capitalization
2021-10-08 15:46:55| OGI
Nigeria's president said NNPC had reached a significant milestone after receiving the certificate of incorporation at his office, adding that the firm would have to compete with global peers.
Nigeria Would Turn NNPC into LLC, Amend Royalties Under Draft Oil Reform Bill
2020-09-28 19:42:11| OGI
The legislation has been in the works for 20 years and looks to revise laws governing Nigerias oil and gas exploration not fully updated since the 1960s.
NNPC and Halliburton partner for oil discovery in Nigerias inland basins
2017-07-21 01:00:00| Hydrocarbons Technology
The Nigerian National Petroleum (NNPC) has signed an agreement with Halliburton to identify the specific location of crude oil deposits in the countrys inland sedimentary basins.
Tags: partner
oil
discovery
inland
NNPC, First E&P, Schlumberger sign deal to develop offshore fields in Nigeria
2017-06-30 01:00:00| Offshore Technology
Nigerian National Petroleum Corporation (NNPC), First Exploration & Production (First E&P) and Schlumberger have signed an agreement to develop the Anyala and Madu fields under OML 83 and OML 85 in offshore Nigeria.
NNPC secures $1.2bn drilling financing package for 36 oil wells in Nigeria
2015-09-21 01:00:00| Offshore Technology
The Nigerian National Petroleum (NNPC) has secured a $1.2bn multi-year drilling financing package for 36 offshore/onshore oil wells from a consortium of Nigerian and international lenders.
Tags: in
package
oil
financing