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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. Both types are paraffinic and low in Sulphur. [2]
NNPC's headquarters in Abuja, Nigeria. The Nigerian National Petroleum Corporation ( NNPC) 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.
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.
The S&P Global list is restricted to publicly traded companies, and only integrated oil and gas, oil and gas exploration and production, oil and gas refining and marketing, and oil and gas storage and transportation companies were included on the list below. For state-owned oil corporations, the list below is also partially sourced from data ...
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 Port Harcourt Refining Company, ( abbreviated PHRC ), is a Nigeria -based oil and gas company primarily specializing in the refining of crude oil into petroleum products. It is headquartered in Port Harcourt metropolitan area of Rivers State, southeastern Nigeria. The company is a subsidiary of the Nigerian National Petroleum Corporation ...
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 ...
Top 5 oil-producing countries 1980–2022 World oil production. This is a list of countries by oil production (i.e., petroleum production), as compiled from the U.S. Energy Information Administration database for calendar year 2023, tabulating all countries on a comparable best-estimate basis.