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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 ...
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.
Gulf Oil Company of Nigeria which became later known as Chevron obtained oil acreage license in 1961. It is noteworthy for being the first oil major to discover commercially viable offshore oil with its discovery of the large Okan field, at Escravos River in 1963. [1] The field had an estimated 2 billion barrel of oil in place and up to 800 ...
Coal, petroleum reserves, natural gas, peat, hydroelectricity, solar and wind are major energy resources in Nigeria [ 3][ 4][ 5] and the country remains a top producer of crude oil and natural gas in Africa. Its production in 2022 averaged 1.2 million barrels of oil per day (bopd), [ 6] and 300 barrels per day (bpd) of condensate, making it the ...
OML 98 / Pan Ocean Oil Corporation: 130 3.7 DOMESTIC - Escravos–Lagos Pipeline System. Gbaran Ubie: OML 28 / Shell: 1,000 28 DOMESTIC - planned 60 million ft 3 /d for 225 MW NIPP power plant in Gbaran EXPORT - LNG Plant in Bonny: Obigbo: OML 17 / NPDC: 60 1.7 DOMESTIC - Obigbo North -lkot Abasi pipeline, Northern Option Pipeline : Okoloma
The following is a list of notable companies in the petroleum industry that are engaged in petroleum exploration and production. The list is in alphabetical order by continent and then by country. This list does not include companies only involved in refining and marketing.