NNPC to spud first oil well in Nassarawa 

The Nigeria National Petroleum Company Limited (NNPCL) announced it is set to spud the first oil well in Nassarawa state in March 2023.

The Group Chief Executive Officer of NNPCL, Mallam Mele Kyari, disclosed this when the Governor Abdullahi Sule led a delegation from the State on a courtesy visit to the company in Abuja.

Kyari said results of exploratory activities confirm the presence of substantial hydrocarbon resources in the state.

Chief Corporate Communications Officer, NNPCL, Garbadeen Muhammed quotes Kyari as saying that the project will be required due to the global energy transition that has led to a reduction in investment in fossil fuels.

“This work must be done very fast because the whole world is walking away from fossil fuel due to energy transition, the earlier you go to market, the better for you, otherwise, ten years from now, no one will agree to put money in petroleum business except it comes from your cash flow,’’ he said.

The GCEO added that community support and a conducive environment is key to a successful operation in the area in order to avoid the experience of the Niger Delta.

In his response, governor Sule congratulated the GCEO on the successful commencement of oil production and the Kolmani Integrated development project which was launched in November 2022 by President Muhammadu Buhari, which he described as similar to what obtains in Saudi Arabia.

“I want to congratulate you, the management of NNPC and the federal government for what you have done at Kolmani, for those who don’t know what you have done for Nigeria, you have written your name in gold’’ governor Sule stated.