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Nigeria marginal oilfields production falls to 1.52m

The latest crude oil production report released by the Nigerian National Petroleum Corporation, NNPC, shows that marginal oil fields in Nigeria produced 1.52 million barrels of crude oil and condensates in August 2020, accounting for 2.97 per cent of Nigeria’s total oil and condensates production of 51.147 million barrels in August 2020.

85 illegal gas plants sealed in Lagos – DPR

The Department of Petroleum Resources, Lagos Zonal Office, said that it had shut down 85 illegal gas plants in the state this year for not complying with international safety standards and operating without approval or licence from the DPR.

OML 40 explosion threatens 10,000bpd production – NNPC

An explosion has been reported by the Nigerian Petroleum Development Company, a subsidiary of the Nigerian National Petroleum Corporation, at a production facility in Oil Mining Lease 40 involving its partners, Elcrest Exploration and Production Nigeria Limited.

EITI commends NNPC, pledges support

The global Extractive Industries Transparency Initiatives (EITI) on Monday commended the improvement in transparency and accountability by the Nigerian National Petroleum Corporation (NNPC), pledging to support the corporation in the aspect of the oil firm’s financial reports.

NNPC-FIRST E&P JV begins oil production in Bayelsa

The Nigerian National Petroleum Corporation (NNPC) and FIRST Exploration and Petroleum Development Company (FIRST E&P) Joint Venture has announced the commencement of oil production from the Anyala West field in Oil Mining Leases (OMLs) 83 & 85.
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