NNPC disowns phantom recruitment announcement
The Nigerian National Petroleum Corporation (NNPC) has disowned a recruitment advertisement currently trending in the social media. The advertisement, set in NNPC’s corporate colour with its logo, invites candidates with background in Sciences, Engineering, Business/Finance, Social Sciences, Arts/Humanities as well as Medical/Health Sciences to apply, giving required educational attainments of prospects to include: Master’s degree, […]
NNPC Makes Fresh Commitment on 2019 Fuel Importation Deadline
The Nigerian National Petroleum Corporation (NNPC) has expressed commitment to actualize the December 2019 target set by the federal government to end the importation of petroleum products into the country. Speaking as the Special Guest of Honour at the Offshore Technology Conference 2018 Nigeria Oil Industry Award Dinner in Houston, Texas, the United States, Group […]
NNPC: Announces three-point Strategies Aimed at Ending Gas Flaring
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has announced a three-point smart strategy aimed at ending gas flaring in the nation’s Oil and Gas Industry. Dr. Baru made the announcement while delivering the lead paper on a panel session at the ongoing 50th Offshore Technology Conference (OTC), in […]
NPDC Poised to Become Nigeria’s Number One E&P Company
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has said that the target of the corporation is to make its foremost upstream subsidiary, the Nigerian Petroleum Development Company (NPDC), the number one exploration and production company in Nigeria. Dr. Baru, who spoke on the sidelines of the 18th Annual […]
Baru Assures of More Funding for NPDC’s New Head Office Building
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has assured of the corporation’s commitment to securing funding for the completion of a new head office of the Nigerian Petroleum Development Company (NPDC), one of the flagship upstream subsidiary companies of the corporation. Dr. Baru gave the assurance Tuesday while […]
NNPC awards Oando Engineering, Procurement and Construction mandate to develop Ajaokuta-Kaduna-Kano gas pipeline project
A two-party consortium consisting of Oando, in conjunction with its midstream affiliate, Axxela Limited (formerly known as Oando Gas & Power) and Oilserv Limited, has been awarded the Engineering, Procurement, Construction (EPC) mandate for the Ajaokuta – Abuja portion (Lot 1) of the Ajaokuta-Kaduna-Kano Pipeline system (AKK Pipeline) by the Nigerian National Petroleum Corporation (NNPC). […]
NNPC Subsidiary, NETCO, Posts N3.257bn Profit for 2017 Financial Year
The National Engineering and Technical Company Limited (NETCO) has recorded a profit before tax of N3.257 billion for 2017 financial year. The breakdown shows that the company’s revenue increased by 122 percent from N10.13 billion in the previous year to N22.46 billion in the year under review. Speaking at the Company’s 2017 Annual General Meeting […]
NNPC Will Uphold Mutual Relations with the Academia
The Nigeria National Petroleum Corporation (NNPC) would continually explore the symbiotic relationship between it and the Ivory Tower, the corporation’s Group Managing Director, Dr. Maikanti Baru, has said. Dr. Baru who declared this at the weekend when he was conferred with a Distinguished Service Award by the Ahmadu Bello University Alumni Association, stated that such […]
NNPC to Support Local Investors on Advancement of Technology
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has said that the corporation was committed to supporting local investors towards growing the engineering profession, even as he noted that this would, in turn, ensure the technological advancement of the nation’s oil and gas industry. Dr. Baru disclosed this while […]
Oil marketers using NNPC stations to defraud Nigerians – DPR
The Department of Petroleum Resources (DPR) Wednesday, raised an alarm that some unscrupulous marketers are using some NNPC Retail outlets to defraud unsuspecting motorists through under-dispensing of Premium Motor Spirit, also known as petrol. Addressing newsmen in Abuja, DPR’s Zonal Operations Controller in charge of Abuja Zone, Mr. Abdu Misau Abba, said the agency is […]
PIB: Be Bold in Your Recommendations, Baru Charges Consultant to National Assembly
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has challenged the consultant to the National Assembly on Petroleum Industry Reform Bill to take a comprehensive look at the issues in the oil and gas sector and make bold recommendations that could engender enduring reforms. The GMD gave the charge […]
NNPC:Cost of Crude oil Production drops to $20/b
The Nigerian National Petroleum Corporation (NNPC) has brought down the cost of producing a barrel of crude oil to $20, even as it now targets producing the black gold at $15 per barrel. NNPC Group Managing Director, Dr. Maikanti Baru, disclosed this Monday in Abuja during the NNPC Day at the ongoing Technology and Innovation […]