Home Business NNPC Ltd Commends Chevron Nigeria Ltd On Successful Awodi-07 Discovery

NNPC Ltd Commends Chevron Nigeria Ltd On Successful Awodi-07 Discovery

0
108

The Nigerian National Petroleum Company Limited (NNPC Ltd) has congratulated Chevron Nigeria Limited (CNL), operator of the NNPC Ltd/CNL Joint Venture, on the successful completion of the Awodi-07 appraisal and exploration well located in the shallow offshore western Niger Delta.

The Awodi-07 well was drilled as part of the Joint Venture’s ongoing efforts to further delineate and unlock hydrocarbon potential within its asset portfolio.
According to press release by Andy Odeh, Chief Corporate Communications Officer, drilling operations commenced in late November 2025 and were concluded in mid-December 2025, with all activities executed safely, efficiently, and in strict compliance with approved operational and regulatory standards. Following the completion of comprehensive testing, logging, and data acquisition, the well was safely secured, bringing the programme to a successful close.

Organic Creame

Results from the well are highly encouraging, confirming a significant presence of hydrocarbons across multiple reservoir zones. This outcome represents a notable milestone for the NNPC Ltd/CNL Joint Venture,on strengthening confidence in the underlying asset and reinforcing the prospectivity of the area. The success of Awodi-07 further highlights the effectiveness of disciplined exploration, sound technical evaluation, and the strong operational collaboration between NNPC Ltd and its Joint Venture partner.

Commenting on the achievement, the Group Chief Executive Officer of NNPC Ltd, Engr. Bashir Bayo Ojulari, commended Chevron Nigeria Limited for its operational excellence, technical competence, and consistent delivery of value.

He stated: “The success of the Awodi-07 well further reinforces the strength of the NNPC Ltd/CNL Joint Venture and our shared commitment to responsibly growing Nigeria’s hydrocarbon reserves. This achievement aligns squarely with our strategic priorities of increasing production, enhancing national energy security, and delivering sustainable value for the Nigerian people.”

Also speaking on the milestone, the Executive Vice President, Upstream, NNPC Ltd, Mr. Udy Ntia, described the Awodi-07 results as a clear demonstration of the value of sustained collaboration, technical rigour, and a stable, enabling operating environment.

According to him: “This discovery underscores the importance of disciplined exploration programmes, strong partnerships, and the positive impact of the reforms introduced under the Petroleum Industry Act. We look forward to working closely with Chevron Nigeria Limited to mature this opportunity and progress it towards timely development and monetisation.”

NNPC Limited and Chevron Nigeria Ltd work together under a joint venture agreement to operate several oil and gas fields in Nigeria’s Niger Delta. In this partnership, Chevron owns 40 per cent of the assets, while NNPC Limited holds the remaining share. The arrangement allows both companies to combine resources, expertise, and investment to develop Nigeria’s oil and gas resources more effectively.

Through this collaboration, the partners aim to increase oil production to about 146,000 barrels per day, which would support government revenue, create jobs, and contribute to the country’s energy supply.

Latest News
THE YEWA AWORI SOCIO-ECONOMIC BLUEPRINTS FOR THE YAYI ERA AND BEYONDEMHF Opens Heritage Event Hall, Unveils Vision For Africa’s Premier Music Heritage CentreNigeria’s Youngest Chartered Accountant, 16-Year-Old Danielle Osasere, Honoured At MFM Prayer CityThe Kick Of A Dying Horse: Rejecting The Retrogressive Agents Of Darkness In YEWA-AWORI LandNigerians Must Embrace Production, Entrepreneurship To Become Great- Emir of DutseTASFUED Holds Formal Investiture Ceremony for Sixth Substantive Vice-ChancellorOlodo Uprising: Carter Efe mirrors our collective disaster“I’m No Fraudster” — Adeyemi Fires Back at Presidency Over PFIPC ControversyPresident Tinubu Urges Nigerian Media to Prioritise Credibility Over ClickbaitPresidency Disowns Alleged Fake Presidential Council, Says Suspect Facing Fraud ChargesStanbic IBTC Bank Nigeria PMI®: New Orders Continue To Rise Sharply In JuneFormer Minister Uche Nnaji Arrested at Enugu Airport Over Alleged Certificate ForgeryTHE YEWA AWORI SOCIO-ECONOMIC BLUEPRINTS FOR THE YAYI ERA AND BEYONDMessi Scores Off the Bench as Argentina Beat Jordan, Sets New World Cup RecordNuhu Ribadu and the Patient Work of National Security