The Nigerian National Petroleum Limited and Newscross Exploration and Production, its Joint Venture Partner, have restarted operations at the Awoba Unit Field with a target of 12,000 million barrels per day after two years forced hiatus over crude oil theft.
The Chief Corporate Communications Officer, Olufemi Soneye, disclosed this in a statement on Tuesday.
According to him, the oil field restarted operation on April 13, 2024, averaging 8,000 barrels per day, and production is expected to increase to 12,000 barrels per day within the next 30 days.
The Awoba Unit straddles OMLs 18 and 24 in the mangrove swamp south of Port Harcourt, Rivers State. Both OML 18 and OML 24 assets are under the NNPC Upstream Investment Management Services, NUIMS, management.
“Besides the recent start of production at the Madu Field by the NNPC Ltd/First E&P JV, the company has achieved the restart of production at OMLs 29 and OML 18 in late 2023, which have steadily contributed an average of 60,000bpd to the nation’s production output since their restart,” the statement added.
NNPC Ltd.’s Group Chief Executive Officer, Mele Kyari, attributed the success to the enabling operating environment provided by the Bola Ahmed Tinubu administration.
“He expressed appreciation to all stakeholders (staff, operators, host communities, government security agencies, and private security contractors) who played a pivotal role in achieving the feat,” the statement said.
Join our WhatsApp community via https://rb.gy/7jahti for instant and latest news updates.
