Nigerian Petroleum Development Company Archives

NNPC Reports Explosion In OML 40 Facility Managed By Its Partners

November 3, 2020 0

The Nigerian Petroleum Development Company (NPDC), an upstream subsidiary of the Nigerian National Petroleum Corporation, has reported an explosion at a production facility in Oil Mining Lease (OML) 40 involving its partners Elcrest Exploration and Production Nigeria Limited while carrying out production evacuation at Gbetiokun Early Production facility.

NNPC Obtains Circa US$1B To Fund Upstream Operations Of NPDC

September 4, 2020 0

The Nigerian National Petroleum Corporation (NNPC) has obtained a prepayment funding of circa US$1b to support the upstream operations of its subsidiary, Nigerian Petroleum Development Company (NPDC).