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Petroleum industry in Nigeria. Nigeria is the second largest oil and gas producer in Africa (after Angola ). [1] Crude oil from the Niger Delta basin comes in two types: light, and comparatively heavy – the lighter has around 36 of API gravity while the heavier has 20–25 of API gravity. Both types are paraffinic and low in Sulphur. [2]
Products. Crude Oil, Gas, petroleum products, petrochemicals, Website. petroleumresources .gov .ng. The Federal Ministry of Petroleum Resources is a part of the Federal Ministries of Nigeria that directs petroleum resources and its activities in Nigeria. The President, Bola Tinubu is the current minister of petroleum. [1] [2]
NNPC's headquarters in Abuja, Nigeria. Nigerian National Petroleum Corporation ( NNPC) is a for profit oil company in Nigeria. Formerly a government-owned corporation, it was transformed from a corporation to a limited liability company in July 2022. NNPC Limited is the only entity licensed to operate in the country's petroleum industry.
Coal, petroleum reserves, natural gas, peat, hydroelectricity, solar and wind are major energy resources in Nigeria and the country remains a top producer of crude oil and natural gas in Africa. Its production in 2022 averaged 1.2 million barrels of oil per day (bopd), [6] and 300 barrels per day (bpd) of condensate, making it the biggest oil ...
Shell Nigeria is the common name for Shell plc's Nigerian operations carried out through four subsidiaries—primarily Shell Petroleum Development Company of Nigeria Limited (SPDC). Royal Dutch Shell's joint ventures account for more than 21% of Nigeria 's total petroleum production (629,000 barrels per day (100,000 m 3 /d) (bpd) in 2009).
Gulf Oil Company of Nigeria which became later known as Chevron obtained oil acreage license in 1961. It is noteworthy for being the first oil major to discover commercially viable offshore oil with its discovery of the large Okan field, at Escravos River in 1963. [1] The field had an estimated 2 billion barrel of oil in place and up to 800 ...
Rilwanu Lukman (26 August 1938 – 21 July 2014) was a Nigerian engineer who held several ministerial positions in the Nigerian Federal government before becoming Secretary General of OPEC (Organization of the Petroleum Exporting Countries) from 1 January 1995 to 31 December 2000. He died on 21 July 2014. [1]
Exploration history. Oloibiri Oilfield was discovered on Sunday 15 January 1956 by Shell Darcy. It was the first commercial oil discovery in Nigeria; this discovery ended 50 years of unsuccessful oil exploration in the country by various international oil companies and launched Nigeria into the limelight of the Petro-State.
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