NNPC Announce Major Oil Discovery in Niger Delta

Utweets
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The Nigerian National Petroleum Company Limited (NNPC Ltd) has confirmed the successful completion of the Awodi-07 appraisal and exploration well in the shallow offshore western Niger Delta. According to a company statement, the well, operated by Chevron Nigeria Limited under the NNPC/CNL Joint Venture, was drilled between November and December 2025 and confirmed a significant presence of hydrocarbons across multiple reservoir zones. NNPC Ltd described the discovery as a notable milestone that reinforces the area’s potential and highlights effective collaboration under the Petroleum Industry Act framework.

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Key Points:

The discovery aims to boost Nigeria’s proven hydrocarbon reserves and support long-term national energy security.
It demonstrates the ongoing viability and potential of Nigeria’s established Niger Delta basins for new resource identification.
The success is framed as a direct benefit of the reforms and operational disciplines instituted under the Petroleum Industry Act (PIA).
It underscores the strategic importance of international joint ventures in funding and executing complex offshore exploration projects.
The find is intended to contribute to increasing joint production targets, thereby supporting government revenue and economic stability.

The development represents a step forward in the strategic effort to grow reserves and monetize resources through sustained industry partnerships.

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Sources: NNPC Ltd (Official Press Release)

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