NNPC Exploration and Production Limited (NNPC E&P Ltd.), a flagship subsidiary of NNPC Ltd., and Natural Oilfield Services Ltd. (NOSL), a subsidiary of Sterling Oil Exploration & Energy Production Company Ltd. (SEEPCO), are thrilled to announce the successful commencement of oil production at Oil Mining Lease (OML) 13 in Akwa Ibom State, Nigeria.
The production, which officially commenced on May 6th, 2024, with an initial output of 6,000 barrels per day, is poised for rapid escalation, with expectations set to reach 40,000 barrels per day by May 27th, 2024.
This momentous achievement underscores the unwavering commitment of NNPC E&P Ltd. and NOSL to drive growth and development within Nigeria’s critical oil and gas sector. It not only reflects the culmination of meticulous planning and execution but also signifies a landmark event in the ongoing partnership between the two entities.
The commencement of oil flow from OML 13 heralds a new era of economic empowerment and prosperity for the host communities, showcasing the transformative potential of strategic collaborations in advancing Nigeria’s energy landscape.
Moreover, this milestone holds strategic significance for Nigeria as it aligns with the nation’s aspirations to enhance its oil production capacity, thereby meeting burgeoning domestic energy demands and fostering sustained economic growth.
NNPC E&P Ltd. and NOSL remain steadfast in their commitment to upholding the highest standards of safety, environmental responsibility, and community engagement as they continue to operate and innovate in Nigeria’s dynamic oil and gas sector.
[Note to Editors: Please respect the embargo until May 13, 2024]