JUST IN: Drilling of first oil well in Nasarawa to commence March 2023, says NNPC | TheCable

The Nigerian National Petroleum Company (NNPC) Limited says official drilling operations for the first oil well in Nasarawa will commence in March 2023. Mele Kyari, group chief executive officer (GCEO),

The Nigerian National Petroleum Company Limited says official drilling operations for the first oil well in Nasarawa will commence in March 2023.

Kyari said the discovery is in continuation of hydrocarbon exploration activities in Nigeria’s inland basins. “Otherwise, 10 years from now, no one will agree to put money in the petroleum business except it comes from your cash flow.” The national oil firm said it was taking coordinated steps for more frontier exploration in the region, as part of measures to shore up the country’s oil output and reserves.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

thecableng /  🏆 2. in NG

Nigeria Latest News, Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Nigeria may surpass OPEC quota as NNPC targets 2.2m bpd in 2023 | TheCableThe Nigerian National Petroleum Company (NNPC) Limited says in 2023, Nigeria’s oil production may average 2.2 million barrels per day (bpd), including condensate. Mele Kyari, group chief executive officer (GCEO),
Read more »

NNPC targets 2.2m bpd oil output in 2023NNPC's relationship with the government in terms of the supply of fuel is on a commercial basis, an official said
Read more »

Nigeria may surpass OPEC quota as NNPC targets 2.2m bpd in 2023The NNPC Limited says in 2023, Nigeria's oil production may average 2.2 million barrels per day (bpd), including condensate.
Read more »

JUST IN: NNPC discovers oil in NasarawaThe Nigerian National Petroleum Company Limited on Friday announced the discovery of oil in Nasarawa State and said it was set to drill the first foot of an oil well in the Northern state.
Read more »

JUST-IN: NNPC To Drill First Oil Well In Nassarawa By March — KyariThe Nigeria National Petroleum Company Limited (NNPCL) has announced plans to drill the first oil well in Nassarawa State in March 2023 in continuation of its o
Read more »

2023: Why Peter Obi will win on first ballot – Labour Party PCCA spokesperson for the Peter Obi/Yusuf Datti Presidential Campaign Council (PCC), Dele Farotimi has said his candidate will win the 2023 presidential election on the first ballot.
Read more »