Otakikpo terminal
Local Oil Firms Now Account for 50% of Nigeria’s Crude Production – Report
Nigeria’s oil and gas industry is undergoing a transformative shift, with local oil companies now responsible for over 50 percent of the country’s crude oil production, according to a new report citing data from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). This milestone marks a significant transition from the former 40 percent share held by […]
Shell Loads First Crude Oil Shipment from New Nigerian Export Terminal
Shell Nigeria Exploration and Production Company Limited has commenced crude oil exports from the newly established Otakikpo onshore terminal. This marks the first crude cargo loaded from the $400 million facility, developed by indigenous operator Green Energy International Limited (GEIL), located in the OML 11 block near Port Harcourt. The Shell Otakikpo terminal boasts a […]