Tag: NNPCL

Shell PLC Chief Executive Wael Sawan has publicly commended President Bola Tinubu’s administration for fostering the stable and professional investment environment that has unlocked Shell’s major renewed commitment to Nigeria, including a potential landmark $20 billion investment in the Bonga South West deepwater project—the largest single energy FDI in Africa in decades. During a high-level […]

In a bold move to reshape Africa’s energy landscape, NNPC Ltd has set its sights on securing up to $60 billion in strategic investments by 2030.At the recent ADIPEC 2025 in Abu Dhabi, the company’s Group CEO, Bashir Bayo Ojulari, emphasized Nigeria’s ambition to be at the heart of the continent’s transformation — from extractive […]

The Nigerian National Petroleum Company Limited (NNPCL), in partnership with TotalEnergies and South Atlantic Petroleum (Sapetro), has signed a landmark Production Sharing Contract (PSC) for deepwater petroleum prospecting licences PPL 2000 and 2001—spanning approximately 2,000 square kilometers in the Niger Delta Basin. This agreement marks the first of its kind under the Petroleum Industry Act […]