NNPC cries out over Federal Government debt of N170.6 Billion

NNPC cries out over Federal Government debt of N170.6 Billion The Nigerian National Petroleum Corporation (NNPC) Monday in Abuja revealed that the Nigerian Federation was indebted to the corporation to the tune of N170.6 billion outstanding subsidy payments due from January 2006 to December, 2015. Leading a team of Top Management of the NNPC to the …

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Total’s largest FPSO lands Lagos from south korea

Total’s largest FPSO lands Lagos from south korea Total’s Egina, one of the world’s largest FPSOs, has arrived in Nigeria after a long journey from South Korea. The 330 meters long vessel has arrived at LADOL Free Zone in Lagos, Nigeria, for final integration of topside modules built at the Free Zone. When operational, Egina, the …

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NPDC increases daily crude oil output to 500,000 Barrels

NPDC increases daily crude oil output to 500,000 Barrels The Nigerian Petroleum Development Company (NPDC), one of the upstream subsidiaries of the Nigerian National Petroleum Corporation (NNPC), will increase its daily crude oil production to 500,000 barrels per day before 2022. This target was announced by the Group Managing Director of the NNPC, Dr. Maikanti …

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