Table of Contents
Table of Contents 3
List of Tables 7
List of Figures 7
Nigerian National Petroleum Corp, Oil & Gas, Deals By Year, 2012 to YTD 2018 8
Nigerian National Petroleum Corp, Oil & Gas Deals By Type, 2012 to YTD 2018 9
Nigerian National Petroleum Corp, Oil & Gas, Deals By Region, 2012 to YTD 2018 10
Nigerian National Petroleum Corp, Oil & Gas, Deals By Sector, 2012 to YTD 2018 11
Nigerian National Petroleum Corp, Oil & Gas, Deals Summary, 2012 to YTD 2018 12
Nigerian National Petroleum Corp, Oil & Gas, Deal Details 13
Asset Purchase 13
Nigerian National Petroleum Plans To Acquire Oil Blocks In West Africa 13
Equity Offering 14
Nigerian National Petroleum Plans IPO Of Shares 14
Nigerian National Petroleum Plans Public Offering Of Shares 15
Acquisition 16
Nigerian Gas Processing To Acquire 50% Stake In ANOH Gas Processing From Seplat Petroleum 16
Government Of Nigeria Plans To Sell Joint Venture Stake In Oil Companies For US$2.79 Billion 17
ConocoPhillips Sells 17% Interest In Brass LNG To Nigerian National Petroleum, Total And Eni 18
Nigerian National Petroleum Completes Sale Of 19% Stake In Brass LNG 20
Nigerian National Petroleum Corp – Key Competitors 22
Nigerian National Petroleum Corp – Key Employees 23
Nigerian National Petroleum Corp – Locations And Subsidiaries 24
Head Office 24
Other Locations & Subsidiaries 24
Joint Venture 25
Recent Developments 26
License Awards 26
Dec 15, 2017: Canadian Overseas Petroleum Mozambique License Awarded And Nigeria Update 26
Strategy and Business Expansion 27
Mar 25, 2018: NNPC, Enugu Govt Partner to Restore Enugu Depot 27
Aug 04, 2017: NNPC, Shell, Chevron Sign Agreements To Boost FG Revenue By $16 Billion 28
Jul 24, 2017: NNPC R&D Collaborates With Halliburton For Oil Search In Inland Basins 30
Mar 29, 2017: NNPC To Transform Into Integrated Energy Company 31
Jan 23, 2017: Eni And Government Of Nigeria Strengthen Cooperation In Energy Sector 32
Jan 13, 2017: NNP ccollaborate with Schlumberger on frontier exploration 33
Financial Announcements 34
Apr 12, 2018: NNPC Subsidiary, NETCO, Posts N3.257bn Profit For 2017 Financial Year 34
Oct 08, 2017: NNPC Subsidiary, NGPTC, Declares N15.81Bn Profit after Tax In 2016 35
Other Significant Developments 36
Sep 07, 2018: NNPC assures of petroleum products supply nationwide 36
Sep 05, 2018: NNPC, China sign agreement on oilfield services, Research & Dev’t 37
Sep 03, 2018: NNPC set to establish 200,000 bpd condensate refineries 38
Sep 03, 2018: Chinese National Oil guarantees funding for NNPC’s AKK project 39
Aug 14, 2018: NNPC: New 100 000bpd Brownfield Refinery for Port Harcourt,Warri-Baru 40
Aug 13, 2018: NNPC, Seplat Execute Agreements to Deliver 3.4bscfd of Gas by 2020 41
Aug 06, 2018: Count us out of ongoing politicking in national assembly- NNPC 42
Aug 02, 2018: Society of Engineers, NNPC pledge synergy on critical projects 43
Jul 18, 2018: China National Offshore Oil Corporation plans to invest $3bn in Nigeria 44
Jul 15, 2018: China offshore oil company to invest $3bn in nigeria 45
Jul 05, 2018: NNPC Poised To Remain Globally Competitive 46
Jul 03, 2018: NNPC Mulls Recourse To Capital Market Funding 48
Jul 01, 2018: NNPC/FIRST E&P JV Finalize $724m Schlumberger Oil Finance Deal 49
Jun 30, 2018: Oil Find In Bida Basin: NNPC Speaks 50
Jun 24, 2018: NLNG To Boost Domestic LPG Supply With New LPG Vessel 52
May 24, 2018: Bida Oil Exploration: NNPC Tasks IBB University 53
May 22, 2018: NNPC, NPA Forge Closer Ties To Sustain Products Supply 54
May 13, 2018: Bonga Achieves 763 Million Oil Barrels Production Since Inception In 2005 55
May 13, 2018: Kyari, NNPC Crude Oil Marketing Chief, Appointed Nigeria’s OPEC National Representative 56
May 02, 2018: NNPC Announces Policies To End Gas Flare 57
Apr 13, 2018: NNPC To Support Local Investors On Advancement Of Technology 58
Apr 08, 2018: NNPC Gears-Up for Groundbreaking of 614km AKK Gas Pipeline Project 59
Mar 20, 2018: NNPC, Mining Society Partner To Grow Nigeria’s Crude Oil Reserves 60
Mar 18, 2018: NNPC Vows That Refineries Will Roar Back Soon 61
Mar 07, 2018: NNPC: Indonesia Eyes More Nigerian Crude Oil 62
Mar 01, 2018: Panoro Energy Provides Operations Update 63
Feb 21, 2018: San Leon Energy Announces Operating And Corporate Update 67
Feb 09, 2018: Arrival Of Egina FPSO In Nigeria 70
Feb 09, 2018: Fuel Queues: NNPC Intensifies Crackdown On Petrol Hawkers 71
Feb 08, 2018: Fuel Queues: NNPC Programmes Two Cargoes per Day for February 72
Jan 31, 2018: NNPC Mulls PPP Arrangements For Corporation’s Oil, Gas Pipelines 73
Jan 25, 2018: NPDC Targets 500,000 Barrels Of Crude Oil Per Day Production 74
Jan 24, 2018: NNPC Records $239.10 Million Crude Oil Export Sales 75
Jan 19, 2018: NNPC Targets Huge Investments In Nigeria’s Oil & Gas Industry 76
Jan 11, 2018: NNPC: Fresh Escravos Pipeline Explosion: Gas Supply Resumes Today 77
Jan 08, 2018: NNPC Restores Escravos-Lagos Pipeline, Resumes Gas Supply 78
Jan 03, 2018: Baru Orders Assessment Of Escravos To Lagos Gas Pipeline Fire, Restoration Of Line 79
Jan 01, 2018: Petrol Queues Disappear In Abuja, Most Cities – Baru 80
Jan 01, 2018: NNPC Distributes Over 1.3 Billion Litres Of Petroleum Products 81
Dec 24, 2017: NNPC Empathizes With Nigerians Over Petroleum Products Hiccups 82
Dec 23, 2017: Nipco Pushes NNPC Petrol Supplies Into Market 83
Dec 21, 2017: NNPC Attains 98 Per Cent Automation Of Crude Oil Marketing Operations 84
Dec 21, 2017: NNPC Doubles Products Supply To Ensure Availability Nationwide 85
Dec 21, 2017: NARTO, PTD Warn On Products Diversion 86
Dec 19, 2017: NNPC Releases 300 Trucks Of Petrol Daily To Lagos, 170 To Abuja 88
Dec 19, 2017: NNPC Petroleum Products Distribution, Sale Increase By 29 Per Cent 89
Dec 18, 2017: NNPC Assures Of Petroleum Products Supply Nationwide 90
Dec 13, 2017: NNPC Adopts 24 Hour Depot, Retail Services To Clear Fuel Queues 91
Dec 08, 2017: Baru Woos Foreign Investors For NNPC Mega Projects 92
Dec 07, 2017: NNPC Assures Local Investors Of Support As Multi-million Naira Tank Farm Opens In Ogun State 94
Dec 05, 2017: NNPC: Fuel Queues: Baru Rushes Back Home 95
Dec 01, 2017: Obasanjo commends NNPC efforts for uninterrupted petroleum products supply 96
Dec 01, 2017: Pan Ocean To Boost Nigeria’s Crude Export As Amukpe-Escravos Pipeline Project Comes On Stream 97
Nov 30, 2017: Hungary Eyes Nigerian Crude Oil, LNG 98
Nov 28, 2017: NNPC Retail To Promote Consumption Of LPG 99
Nov 27, 2017: NNPC Justifies 2.3mbpd For 2018 Budget 100
Nov 22, 2017: PENGASSAN Backs NNPC On Exploration In Inland Basins 101
Nov 22, 2017: NNPC Secures $3.7bn Alternative Financing 102
Nov 21, 2017: NNPC Completes 539km Of Gas Pipeline Projects 103
Nov 08, 2017: NNPC Pledges Support For Indigenous Participation In Nigeria’s Oil Industry 104
Nov 07, 2017: Baru Assures Of Hitch-Free Petroleum Products Supply During Festive Period 105
Nov 02, 2017: NNPC Intensifies Oil Search In Benue Trough 106
Oct 31, 2017: NNPC Confident Of Commercial Hydrocarbon Find In Inland Basins 107
Oct 30, 2017: Fuel Distribution: NNPC Moves To Secure Downstream Assets 108
Oct 29, 2017: NNPC, First E&P, BGP Flag-Off Marine Oil Search 109
Oct 26, 2017: NNPC to start oil exploration In Nasarawa 110
Oct 25, 2017: NNPC: Nigeria’s Gas Flare Rate Now 12 Per Cent 111
Oct 18, 2017: NNPC Set To Stimulate Economic Growth Through Aggressive Gas Development, Says Baru 112
Oct 17, 2017: NNPC Stocks 2Billion Litres Of Petrol For Hitch-Free Year-End Movements Of Motorists 113
Oct 16, 2017: NNPC Retail’s New Mega Station, Part Of Strategies To Ensure Energy Security – Baru 114
Oct 15, 2017: NNPC: Road Transport Owners, Tanker Drivers, Applaud Baru For Zero Fuel Scarcity 115
Oct 15, 2017: NNPC, BUK Pledge Collaboration on Frontier Basins 116
Oct 12, 2017: NNPC To Reinvigorate Exploratory Activities In Seven Inland Basins 117
Oct 11, 2017: NNPC: Baru Lures Investors To Establish Refinery In A/Ibom State 118
Oct 05, 2017: Re-commissioned Ibadan Depot to Ease Products Supply, Distribution in South West 120
Oct 03, 2017: TechnipFMC: Installation Of 6 Manifold Modules For Total’s Egina Project In Nigeria 122
Sep 22, 2017: PDVSA: Minister Del Pino Explores Cooperation Options For With His Counterpart From Nigeria 123
Sep 20, 2017: Tambuwal Wants NNPC To Explore Oil In Sokoto Basin 124
Sep 19, 2017: NNPC To Fast-Track Local Capacity Development In Oil Industry 125
Sep 18, 2017: NNPC Says Apapa Jetty Fire Incident Will Not Affect Supply Of Petroleum Products 127
Sep 13, 2017: NNPC: Nigeria Defers 700,000bpd Of Crude Oil Due To Pipeline Vandalism 128
Sep 13, 2017: Refineries Revamp: NNPC Moves To Meet 2019 Target 129
Sep 12, 2017: NNPC Intensifies Efforts To Safeguard Pipelines 130
Sep 07, 2017: NNPC, ExxonMobil fine-tune strategy for improved production 131
Sep 03, 2017: NNPC Crashes Petrol, Cooking Gas Prices Nationwide 132
Aug 23, 2017: Shell Starts Production At Gbaran-Ubie Phase 2 In Nigeria 133
Aug 22, 2017: NNPC Raises Alarm On International Crude Oil Fraudsters 134
Aug 18, 2017: NNPC: Baru To Pipeline Vandals 135
Aug 18, 2017: NNPC, Presidential Committee To Collaborate Against Oil Theft 136
Aug 16, 2017: NNPC: Nigeria’s Oil Production Cost Down 70.5% To $23/Barrel 137
Aug 11, 2017: NNPC targets 10 gigawatts to boost Nigeria’s power generation in 3 years 138
Aug 02, 2017: Nigeria to extend West African Gas Pipeline to Cote d’ Ivoire 140
Jul 25, 2017: NNPC: Daily Gas Supply To Power Plants Increases By 64 Per Cent 141
Jul 16, 2017: NNPC Refineries Meet 60% Of Domestic Kerosene Consumption 142
Jul 04, 2017: NNPC Secures $2Billion Discounts On Renegotiated Upstream Contracts 143
Jun 29, 2017: NNPC: Nigeria Inches Closer To 40 Billion Barrels Oil Reserve Target 145
Jun 27, 2017: France Pledges To Invest Over One Billion Euros In Nigeria Oil And Gas Industry 146
Jun 20, 2017: NNPC Oil Pipeline Vandalism Drops By 12 Per Cent 147
Jun 20, 2017: Indonesia Seeks More Crude From Nigeria 148
Jun 19, 2017: NNPC Increases Gas Supply 149
Jun 19, 2017: NNPC Crashes Diesel Price Nationwide By 42% 150
Jun 06, 2017: NNPC Consolidates Use Of ICT For Efficiency, Competitiveness 151
Jun 05, 2017: NNPC: Re-commissioned Mosimi, Kano Depot Take Pressure Off Highways 152
Jun 04, 2017: NNPC Assures Of Support To Gas Flare Out Legislation 153
May 24, 2017: NNPC Invites Chinese Investors For Its R&D Venture 154
May 23, 2017: SNEPCo’s Bonga Delivers 702 Million Oil Barrels For Nigeria In 12 Years 155
May 23, 2017: 34 Firms Bid For NNPC Digitization Project 156
May 18, 2017: NNPC: Emir Of Kano Warns On Pipeline Vandalism 157
May 16, 2017: FG’s Niger Delta Peace Initiative Boosts Refineries’ Production, Says NNPC 158
May 15, 2017: NNPC: Oil Search To Resume In Chad Basin, As Security Situation Improves 159
May 09, 2017: NNPC, Partners To Boost Domestic Gas Supply By 285% 160
May 02, 2017: 2019 Target of Exiting PMS Importation Achievable, Says NNPC 161
Apr 19, 2017: San Leon Energy Provides Operating And Corporate Update 163
Apr 13, 2017: NNPC Announces Board Changes 168
Apr 12, 2017: NNPC to Commercialize Its Communication Network 169
Apr 10, 2017: More Products For Consumers As Loading Resumes At Mosimi Depot After 12 Months 170
Apr 10, 2017: Nigeria Refining Capacity Increases By 29% 171
Apr 04, 2017: UK Supreme Court Grants Reprieve To NNPC Over $100 Million Bank Guarantee 172
Apr 03, 2017: NUPENG, Tanker Drivers, Suspend Strike Following NNPC’s Intervention 174
Mar 28, 2017: NNPC Applauds Roles Of Legislature In Oil & Gas Industry 175
Mar 24, 2017: NNPC To Recover $184 Million Crude SWAP Under-Deliveries From Companies 176
Mar 23, 2017: Nigeria, Morocco Fertilizer Deal Creates 50, 000 jobs 177
Mar 19, 2017: NNPC Announces New Measures To Ensure Robust Products Supply 178
Mar 18, 2017: OGTAN Lauds NNPC For Sanitizing Distribution Of Petroleum Products 179
Mar 17, 2017: NNPC Moves To Recover N11bn Missing Petrol From Capital Oil 180
Mar 02, 2017: Nigeria Targets 10 Per Cent Global LNG Sales 181
Feb 28, 2017: NPDC’s Daily Crude Oil Production To Rise To 500,000 BPD, Gas, 1500 MMSCF 182
Feb 24, 2017: NNPC Subsidiary, IDSL, Explains Pipeline Explosion 183
Feb 23, 2017: NNPC Achieves 71 Per Cent Savings In Deep Offshore Rig-rate 184
Feb 16, 2017: NNPC Records Massive Reduction In Pipeline Vandalism 186
Feb 13, 2017: NNPC Subsidiary Explains Shortfall In Gas Production 187
Feb 13, 2017: NNPC Announces Measures To Sustain Products Supply Nationwide 188
Feb 09, 2017: NNPC Refinery Loses 2billion Naira To Illegal Tappers 189
Feb 07, 2017: NNPC To Implement Framework Aimed At Efficiency, Profitability 191
Jan 31, 2017: House Of Representatives Commends NNPC On Products Supply 192
Jan 30, 2017: NNPC Clarifies Position On Oil Block Signature Bonus, Royalty 193
Jan 29, 2017: NNPC Says Suleja Depot Fire Incident Will Not Affect Supply Of Petroleum Products 194
Jan 24, 2017: GE Proposes Investment In Nigeria’s Three Refineries 195
Jan 19, 2017: NNPC JV Takes Delivery Of Two LPG Carriers 196
Jan 18, 2017: NNPC Says No Product Price Increase, Warns Against Panic Buying 197
Jan 17, 2017: NNPC Refineries Produce Additional 4.6m Litres Of Kerosene, 7.7m Litres Of Diesel 198
Jan 16, 2017: NNPC And Sahara Energy JV Unveil Vessels To Address LPG Supply Hiccups 199
Jan 13, 2017: Petroleum Products Loading Resumes At NNPC Depots Nationwide 200
Jan 11, 2017: NNPC Refineries Resume Production Of Kerosene, Diesel 201
Jan 05, 2017: NNPC To Set Up Security Advisory Council To Tackle Pipeline Vandalism 202
New Contracts Announcements 203
Jul 12, 2018: Nigeria LNG awards FEED contracts for Train 7 203
Jun 14, 2018: Execution Of Heads Of Terms Between Yinson Production, Yinson Operations & Production West Africa And First Exploration & Petroleum Development Company 204
Apr 06, 2018: NNPC Signs Contract Agreements for 614km AKK Project 205
Nov 19, 2017: NNPC, Chevron conclude $1.7bn deal to increase crude oil, gas production 206
Sep 20, 2017: Baker Hughes Awarded Contract By Nigeria LNG In Milestone Digital Agreement For Sub-Saharan Africa 207
May 22, 2017: CPP Bags AKK Gas Pipeline Project In Nigeria 208
Jan 04, 2017: SacOil Holdings Wins Crude Term Contract From NNPC 209
Jan 03, 2017: NNPC Announces Winners Of 2017/2018 Crude Term Contract 210
Appendix 212
Methodology 212
About GlobalData 212
Contact Us 212
Disclaimer 212
Nigerian National Petroleum Corp, Oil & Gas, Key Facts 2
Nigerian National Petroleum Corp, Oil & Gas, Deals Summary, 2012 to YTD 2018 2
Nigerian National Petroleum Corp, Oil & Gas, Deals By Year, 2012 to YTD 2018 8
Nigerian National Petroleum Corp, Oil & Gas Deals By Type, 2012 to YTD 2018 9
Nigerian National Petroleum Corp, Oil & Gas, Deals By Region, 2012 to YTD 2018 10
Nigerian National Petroleum Corp, Deals By Sector, 2012 to YTD 2018 11
Nigerian National Petroleum Corp, Oil & Gas, Deals Summary, 2012 to YTD 2018 12
Nigerian National Petroleum Plans To Acquire Oil Blocks In West Africa 13
Nigerian National Petroleum Plans IPO Of Shares 14
Nigerian National Petroleum Plans Public Offering Of Shares 15
Nigerian Gas Processing To Acquire 50% Stake In ANOH Gas Processing From Seplat Petroleum 16
Government Of Nigeria Plans To Sell Joint Venture Stake In Oil Companies For US$2.79 Billion 17
ConocoPhillips Sells 17% Interest In Brass LNG To Nigerian National Petroleum, Total And Eni 18
Nigerian National Petroleum Completes Sale Of 19% Stake In Brass LNG 20
Nigerian National Petroleum Corp, Key Competitors 22
Nigerian National Petroleum Corp, Key Employees 23
Nigerian National Petroleum Corp, Subsidiaries 24
Nigerian National Petroleum Corp, Joint Venture 25
List of Figures
Nigerian National Petroleum Corp, Oil & Gas, Deals by Type, 2012 to YTD 2018 2
Nigerian National Petroleum Corp, Oil & Gas, Deals By Year, 2012 to YTD 2018 2
Nigerian National Petroleum Corp, Oil & Gas, Deals By Region, 2012 to YTD 2018 2
Nigerian National Petroleum Corp, Oil & Gas, Deals By Sector, 2012 to YTD 2018 2
Nigerian National Petroleum Corp, Oil & Gas, Deals By Year, 2012 to YTD 2018 8
Nigerian National Petroleum Corp, Oil & Gas, Deals by Type, 2012 to YTD 2018 9
Nigerian National Petroleum Corp, Oil & Gas, Deals By Region, 2012 to YTD 2018 10
Nigerian National Petroleum Corp, Oil & Gas, Deals by Sector, 2012 to YTD 2018 11