The Nigerian National Petroleum Company Exploration and Production Limited (NNPC E&P Ltd.) and Natural Oilfield Services Ltd. (NOSL) have proudly announced the successful initiation of oil production at Oil Mining Lease (OML) 13 in Akwa Ibom State.
NNPC E&P Ltd., a flagship upstream subsidiary of NNPC Ltd., partnered with NOSL, a subsidiary of Sterling Oil Exploration & Energy Production Company Ltd (SEEPCO), to achieve this significant milestone.
Mr. Olufemi Soneye, Chief Corporate Communications Officer of NNPC Ltd., disclosed this development in a statement released on Sunday, underscoring that production commenced on May 6 with an initial output of 6,000 barrels of oil. This production rate is set to escalate to 40,000 barrels per day by May 27, 2024.
Soneye hailed the commencement of oil flow from OML 13 as a historic achievement, symbolizing the commitment of NNPC E&P Ltd. and NOSL to drive growth and development within Nigeria’s oil and gas sector, an integral component of the nation’s economy.
He emphasized that this milestone not only signifies the culmination of meticulous planning and execution by the involved teams but also heralds a new era of economic empowerment and development opportunities for the host communities.
Moreover, Soneye underscored the significance of this achievement for Nigeria, as it contributes to the country’s endeavors to augment its oil production capacity, vital for meeting domestic energy demands and propelling economic expansion.
The partnership between NNPC E&P Ltd. and NOSL is firmly dedicated to operating in a manner that prioritizes safety, environmental responsibility, and benefits for local communities, Soneye affirmed.