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NNPC's headquarters in Abuja, Nigeria. The Nigerian National Petroleum Company (NNPC) Limited is a state oil company in Nigeria. Formerly a fully-owned government company, it was transformed from into a limited liability company in July 2022. [1] NNPC Limited is the only entity licensed to operate in the country's petroleum industry.
Petroleum industry in Nigeria. Nigeria is the second largest oil and gas producer in Africa (after Angola ). [1] Crude oil from the Niger Delta basin comes in two types: light, and comparatively heavy – the lighter has around 36 of API gravity while the heavier has 20–25 of API gravity.
Company Industry Revenue (US$ millions) Profits (US$ millions) 1 Nigeria National Petroleum: Oil and gas 9,706 1,877 2 Nigeria Liquefied Natural Gas: Oil and gas 6,315 ... 3 MTN Nigeria: Telecommunications 3,514 536 4 Dangote Cement: Cement 2,699 721 5 Nigerian Petroleum Development: Oil and gas 2,686 219 6 Flour Mills of Nigeria: Agroindustry ...
China National Petroleum Corporation ( PetroChina) Jinzhou Petrochemical Refinery, 112,000 bbl/day. WEPEC Dalain Refinery, 200,000 bbl/day. Sinopec Jinan Company, 21,000 bbl/day. Sinopec Qilu Company Refinery, 195,000 bbl/day. Sinopec Shanghai Gaoqiao Oil Refinery, 220,000 bbl/day.
World ranking Name Citizenship Net worth Sources of wealth 51: Aliko Dangote Nigeria 9.5 Billion: oil, sugar & cement 103: Mike Adenuga Nigeria 5.2 Billion: Telecommunication, petroleum
Pages in category "Oil and gas companies of Nigeria" The following 20 pages are in this category, out of 20 total. This list may not reflect recent changes. A.
This list comprises the largest companies currently in Africa by revenue as of 2022, ... Oil and gas: 9.706 Nigeria: 7: Steinhoff International: Holding: 9.704
Seplat was formed as Seplat Petroleum Development Company in June 2009 through the partnership of Shebah Petroleum Development Company Limited and Platform Petroleum Joint Ventures Limited to specifically pursue upstream oil and gas opportunities in Nigeria, and in particular divestment opportunities arising out of the incumbent Major IOC's portfolios.