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NAOC
The purpose was to resume discussions on Nigeria's deepwater oil block OPL 245, specifically the Zabazaba Field, in line with the Federal Government's initiative to develop the oil-rich field for the benefit of Nigerians.
Ms. Olu Verheijen, the special adviser on energy to President Bola Ahed Tinubu has said that security and Niger Delta development investments are key focus areas for the administration as it seeks to increase oil production in the country.
The Nigerian National Petroleum Company Limited has said it is not against the Eni and Oando deal as earlier suggested by the mainstream media.
NNPC Limited has disclosed that NAOC did not obtain its consent before announcing a deal to sell onshore oil assets to Oando PLC.
Oando has officially confirmed its acquisition of Nigerian Agip Oil Company (NAOC), a subsidiary of the Italian energy conglomerate Eni, following the signing of the agreement.
The NNPC Limited and its have signed a Gas Sale and Aggregation Agreement (GSAA), aimed at increasing local production of fertilizer in the country.
Agip on Wednesday confirmed an oil leak, resulting in a shutdown.
Oando Energy Resources (OER) is pleased to announce that the NNPC/NAOC/OANDO Joint Venture (NNPC 60%, Oando 20% and NAOC the operator 20%)
The NNPC recently partnered some of Nigeria's major oil exploration companies to work together on the "Seven Critical Gas Development Projects".