NNPC News

Nigeria represents one of Africa’s largest oil and gas producers and stands as a significant player in the continent’s pursuit of energy security, sustainability, and economic growth. With a largely established energy sector, Nigeria is committed to scaling up exploration and production even further and is inviting global investors and regional partners to invest in

NNPC gets $3bn oil loan to stabilise naira By Eyo Nsima The Nigerian National Petroleum Corporation (NNPC) Limited has secured a $3 billion emergency crude repayment loan, targeted at enhancing the stabilisation of the naira. The company secured the funding from AfriExim Bank headquarters in Cairo, Egypt and will repay the loan with crude oil

The Nigerian National Petroleum Corporation (NNPC) signed a Heads of Agreement with Nigerian oil and gas company UTM Offshore Limited for the UTM Floating Liquefied Natural Gas (FLNG) project – a planned FLNG vessel set to produce 176 million cubic feet of gas per day from the Yoho Field. The agreement lays out the terms

NNPC Ltd, UTM Sign Deal on 1.5MTPA Floating LNG Project   In a major step towards bolstering Nigeria’s energy security and promoting the utilization of its abundant gas resources, the NNPC Ltd and UTM Offshore Limited have today in Abuja signed a Heads of Terms (HoT) agreement for the construction of the nation’s first indigenous

NNPC intercepts 800,000 liters-capacity vessel with stolen crude oil By Eyo Nsima THE NNPC Limited has intercepted an 800,000 liters-capacity vessel with stolen crude oil, offshore Nigeria. In his statement obtained by The Daily, http://www.thedaily-ng.com, the Chief Corporate Communications Officer, NNPC Limited, Garba Deen Muhammad, stated: “Following the receipt of credible intelligence, a Private Security Contractor engaged by