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NNPCL Begins Preparations for Commercial Drilling in Ogun

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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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Tinubu Vows to Revive Nigeria’s Dormant National Refineries

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President Bola Tinubu has reaffirmed the Federal Government’s commitment to rehabilitating and repositioning Nigeria’s dormant national refineries, declaring that the facilities will not be allowed to become stranded assets.

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Tinubu was represented by the Permanent Secretary of the Ministry of Petroleum Resources, Mrs Patience Oyekunle, at the 20th OTL Africa Downstream Energy Week in Lagos on Monday.

The President said the government is adopting a more rigorous and commercially sustainable approach to the rehabilitation of the Port Harcourt, Warri and Kaduna refineries.

“At the same time, the government remains committed to ensuring that existing national refining assets are not allowed to become stranded investments,” the statement said.

“We are pursuing a more rigorous, commercially sustainable approach to the rehabilitation and repositioning of our refineries, supported by technical assessment, stronger partnerships, and improved operational discipline.”

The objective, according to the administration, is for Nigeria to refine more of its crude oil, create greater domestic value and become a reliable supplier of energy to Africa.

The national refineries, managed by the Nigerian National Petroleum Company Limited (NNPC), have remained largely inactive for years despite significant spending on turnaround maintenance. The NNPC has signed a memorandum of understanding with Chinese firms as part of ongoing efforts to revive the facilities.

Tinubu also noted the contribution of private refining capacity, particularly the Dangote Refinery, which has reached its 650,000 barrels-per-day nameplate capacity, in strengthening Nigeria’s prospects of becoming a net exporter of refined petroleum products.

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NNPC Records ₦7.2tn Profit as Tinubu Receives 2025 Report

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Tinubu receives NNPC’s 2025 audited report as profit after tax rises 33% to ₦7.2tn, with revenue reaching ₦34.5tn and dividend at ₦5.8tn (more…)

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AICL GMD Tamuno Seeks Stronger Diaspora Investment

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AICL GMD Maureen Tamuno calls for stronger diaspora investment in Africa through trust, transparency, skills transfer and sustainable partnerships

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