Tag: oil production

NNPC Ltd plans to boost crude oil production to 1.9 million bpd by year-end, says GCEO Bashir Ojulari during board inauguration.

Tullow Ghana launches a two-year drilling campaign in the Jubilee Field to enhance crude oil

The decision, confirmed during OPEC+’s latest meeting, signals a shift in strategy amid concerns over weak oil prices and slowing global demand.

“The transfer of ownership from IOCs to Nigerian firms would lead to increased output. Divestment is a global industry practice.

“Internal demand in these countries, because of demographic growth, is increasing at about 7%-8% every year... this means they need gas, they need investment.”

"As GNPC ramps up efforts to develop marginal fields, we require research-driven solutions that strengthen our capabilities as a national oil company.” 

“Ghana drilling programme with Noble Venturer to commence in May 2025, with two Jubilee wells (one producer and one water injector) expected to come onstream in the third quarter of ...

For nearly a week, Niger’s fuel stations have been grappling with severe shortages, leaving residents frustrated and struggling to secure enough premium fuel to meet their daily needs. Long lines ...

“We've always complained about how oil revenues have been used in the last few years. And if you have a finite resource, you should be able to point to something.” 

GNPC is focusing on fostering an investor-friendly climate to attract international partners and boost production.