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Oil & Gas

Monday
13 May 2024

NNPCE&P Ltd, Nosl Hit First Oil in OML 13 in Akwa Ibom

13 May 2024  by independent   
NNPC Exploration and Production Limited (NNPC E&P Ltd), NNPC Ltd’s flagship upstream subsidiary, and Natural Oilfield Services Ltd (NOSL), a subsidiary of Sterling Oil Exploration & Energy Pro­duction Company Ltd (SEEPCO), have announced the successful commencement of oil production at Oil Mining Lease (OML) 13 in Akwa Ibom State.

A statement by Olufemi O. Soneye, Chief Corporate Com­munications Officer, NNPC Ltd., on Sunday, said the production, which commenced on May 6 with 6,000 barrels of oil is expected to be ramped up to 40,000 barrels per day by May 27.

Soneye said the first oil flow from OML 13 is a historic milestone in the partnership between NNPC E&P Ltd and NOSL, highlighting their dedication to driving growth and development in Nigeria’s oil and gas sector, which remains a vital component of the nation’s economy.

According to him, the achieve­ment does not only signify the cul­mination of rigorous planning and execution by the teams involved, but also represents a new era of economic empowerment and de­velopment opportunities for the host communities.

He said furthermore, for Nige­ria, the first oil from OML 13 holds some significance as it contributes to the country’s efforts to increase its oil production capacity, which is crucial for meeting domestic en­ergy needs and driving economic growth.

The statement noted that the NNPC E&P Ltd and NOSL part­nership is also committed to op­erating in a manner that is safe, environmentally responsible, and beneficial to the local communities.

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