Close Menu
Vardiafrica
  • Home
  • Politics
    • Africa
    • Asia
    • Europe
    • US & Canada
    • World
  • Lifestyle
    • Entertainment
    • Film & Drama
    • Ent & Arts
  • Science
    • Health Science
    • Luxury
  • Finance

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

What's Hot

Africa set to launch its own credit ratings agency

August 27, 2026

FG Launches $1bn Social Protection Programme For Vulnerable Nigerians

August 27, 2026

Tinubu Urges NLNG To Convert Gas Flaring Into Economic Benefit For Nigeria

August 27, 2026
Facebook X (Twitter) Instagram
Trending
  • Africa set to launch its own credit ratings agency
  • FG Launches $1bn Social Protection Programme For Vulnerable Nigerians
  • Tinubu Urges NLNG To Convert Gas Flaring Into Economic Benefit For Nigeria
  • Meta to pay up $18 billion to settle children’s social media harm case, impose two-hour daily limit and block teen app usage at night
  • NBA Conference: NDDC Advocates Diversification of Niger Delta Economy
  • EFCC offers whistleblowers 5% reward to uncover stolen Nigerian assets abroad
  • NDDC Backs Tourism Initiative to Transform Bonny Kingdom
  • Israel Donates First Batch Of Ambulances, Medical Equipment To Nigeria
Facebook X (Twitter) Instagram
VardiafricaVardiafrica
Demo
  • Home
  • Politics
    • Africa
    • Asia
    • Europe
    • US & Canada
    • World
  • Lifestyle
    • Entertainment
    • Film & Drama
    • Ent & Arts
  • Science
    • Health Science
    • Luxury
  • Finance
Vardiafrica
Home»Oil & Gas»NNPC Ltd Commends Chevron Nigeria Ltd on Successful Awodi-07 Discovery
Oil & Gas

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

VardiafricaBy VardiafricaJanuary 26, 2026Updated:January 26, 2026No Comments3 Views
Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

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. 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.

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

Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
Vardiafrica
  • Website
  • Facebook
  • X (Twitter)
  • Instagram

Related Posts

Tinubu Urges NLNG To Convert Gas Flaring Into Economic Benefit For Nigeria

August 27, 2026

NBA Conference: NDDC Advocates Diversification of Niger Delta Economy

August 26, 2026

NDDC Backs Tourism Initiative to Transform Bonny Kingdom

August 26, 2026

Leave A Reply Cancel Reply

Top Posts

Nigeria Takes Over G-24 Leadership, Pledges Push For Global Economic Reforms

October 15, 2025497

FG exempts SMEs, farmers, manufacturers from paying withholding tax

July 2, 202497

You rejected party structure’ – PDP knocks Fubara, says Rivers Gov, Bala Mohammed may face disciplinary action

October 15, 202453

Trump set for White House return, vows to sign 100 Executive Orders in ‘Hours’ 

January 20, 202551
Don't Miss
Africa
Africa By VardiafricaAugust 27, 20262 Mins Read3

Africa set to launch its own credit ratings agency

By VardiafricaAugust 27, 20263 Africa Updated:August 27, 202602 Mins Read

Africa is set to launch its own credit ratings agency next month, in a move…

FG Launches $1bn Social Protection Programme For Vulnerable Nigerians

August 27, 2026

Tinubu Urges NLNG To Convert Gas Flaring Into Economic Benefit For Nigeria

August 27, 2026

Meta to pay up $18 billion to settle children’s social media harm case, impose two-hour daily limit and block teen app usage at night

August 27, 2026
Stay In Touch
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo

Subscribe to Updates

Get the latest creative news from SmartMag about art & design.

About Us
About Us

Your source for the verified news.

Email Us: [email protected]
Contact: +234 905 338 5856

Facebook X (Twitter) Instagram YouTube WhatsApp
Our Picks

Africa set to launch its own credit ratings agency

August 27, 2026

FG Launches $1bn Social Protection Programme For Vulnerable Nigerians

August 27, 2026

Tinubu Urges NLNG To Convert Gas Flaring Into Economic Benefit For Nigeria

August 27, 2026
Most Popular

Nigeria Takes Over G-24 Leadership, Pledges Push For Global Economic Reforms

October 15, 2025497

FG exempts SMEs, farmers, manufacturers from paying withholding tax

July 2, 202497

You rejected party structure’ – PDP knocks Fubara, says Rivers Gov, Bala Mohammed may face disciplinary action

October 15, 202453

Type above and press Enter to search. Press Esc to cancel.