crude oil output
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Seplat Reawakens 29 Wells, Adds 26,000bpd Crude Output
Seplat Energy Plc, one of Nigeria’s leading independent energy companies, has successfully reactivated 29 dormant oil wells in the first half of 2025, adding approximately 25,900 barrels per day (bpd) to the nation’s crude oil output. The landmark achievement forms part of the firm’s broader offshore production recovery strategy aimed at ramping up domestic hydrocarbon […]
Nigeria Targets 25% OPEC Quota Increase by 2027
Nigeria is positioning itself for a major leap in oil production as the Nigerian National Petroleum Company Limited (NNPC) has disclosed plans to push for a 25 per cent increase in its crude oil production quota within the Organization of Petroleum Exporting Countries (OPEC) by 2027. The Group Chief Executive Officer of NNPC Limited, Bashir […]