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NNPCL Begins Preparations for Commercial Drilling in Ogun

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NNPCL

NNPCL commercial drilling preparations begin at Eba oil well in Ogun State, with technical inspections and security measures underway for production launch

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The Nigerian National Petroleum Company Limited (NNPCL) has commenced preparations for commercial drilling at the Eba oil well in Ogun Waterside Local Government Area, following a technical inspection of the site by its specialist team on Wednesday.

Also read: Andy Odeh NNPCL Appointment Heralds Fresh Corporate Vision

The inspection, carried out alongside representatives from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and national security agencies, evaluated the well’s readiness for drilling operations.

The exercise follows approval from President Bola Ahmed Tinubu for commercial exploration in Ogun State.

Hussein Aliyu, Project Coordinator for Enserv, led the NNPCL technical team, which included engineers and specialists such as Wasiu Adeniyi, Onwugba Kelechi, Rabiu M. Audu, and Akinbosola Oluwaseyi.

The delegation assessed infrastructure, environmental safeguards, and security arrangements ahead of full-scale production.

Governor Dapo Abiodun hailed the development as a landmark achievement, noting that commercial drilling at Eba would stimulate economic growth, create jobs, and enhance federal presence in coastal communities.

Geological reports had previously confirmed hydrocarbons in the Ogun Waterside axis, with both NNPCL and the state government independently verifying the well’s coordinates.

To safeguard the site, naval security personnel have maintained a continuous presence for over 18 months.

Stakeholders highlighted that the next phase would prioritise regulatory compliance, community engagement, environmental protection, and the smooth commencement of production.

Also read: Tinubu inaugurates NNPCL board, management

The state government expressed appreciation to President Tinubu for supporting the development of frontier oil basins and promoting the equitable spread of Nigeria’s energy resources.

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Business

How EIB, AfDB and EU Are Unlocking Nigeria’s Entrepreneurial Potential

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Nigeria’s entrepreneurial potential deserves investment—and the support to turn ideas into growing businesses.

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Through Boost Africa, the European Investment Bank (EIB), together with the African Development Bank (AfDB) and with EU support, is strengthening entrepreneurship and innovation.

By supporting venture capital investment and providing technical assistance, Boost Africa helps African businesses, including those in Nigeria, access capital, expertise
and networks to grow and reach new
markets.

Meet one of the businesses behind the Boost Africa story. Hear Daya’s
co-founders, Tomiwa “Aleph” Lasebikan, and Paul Joe share the company’s journey and ambition to connect African businesses to global markets.

▶️ Watch Daya’s Boost Africa story:

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ENERGY

NISO Warns of Severe Power Supply Strain as Gas Runs Short

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 NISO power generation has fallen as gas shortages and low reservoir levels constrain thermal and hydroelectric plants, worsening supply nationwide

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Business

Boost Africa Fuels Daya’s Bold Cross-Border Ambitions

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 Boost Africa Daya highlights how investment is supporting Nigerian fintech innovation and easier cross-border payments for African businesses

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