The Group Chief Executive Officer of NNPC Limited, Bashir Bayo Ojulari, has reaffirmed Nigeria’s commitment to strengthening its long-standing energy partnership with ExxonMobil following a courtesy visit by a senior executive of the U.S.-based energy giant.
The meeting included J. Hunter Farris, Senior Vice President for Deepwater operations at ExxonMobil Upstream, and focused on deepening collaboration in Nigeria’s offshore oil and gas sector.
According to NNPC Limited, the engagement served as a reaffirmation of the strong working relationship between both organizations, which has been built over years of cooperation in exploration and production activities.
Discussions centered on opportunities within the deepwater segment of Nigeria’s petroleum industry, an area widely regarded as critical to sustaining future production growth amid evolving global energy dynamics.
Ojulari emphasized that the partnership with ExxonMobil remains anchored on trust, transparency, and shared objectives, noting that both parties are committed to advancing sustainable growth in the sector.
He added that Nigeria is focused on expanding its deepwater capabilities as part of broader efforts to increase crude output, attract investment, and strengthen long-term energy security.
Industry observers note that deepwater projects require significant capital investment and technical expertise, making international partnerships essential to unlocking reserves and maintaining production efficiency.
The meeting reflects ongoing efforts by NNPC Limited to reinforce relationships with global energy companies as Nigeria continues to position itself as a key player in the international oil and gas market.
Both parties expressed optimism about future collaboration, with a shared focus on leveraging deepwater opportunities to drive mutual value and support long-term industry growth.