The Digest:
The Nigerian National Petroleum Company Limited has announced that its upstream subsidiary, NNPC Exploration & Production Limited, achieved a record daily production of 335,000 barrels of oil on December 1, the highest output since 1989. The milestone reflects a 52% increase from 2023 levels and is cited as evidence of Nigeria’s ongoing energy sector revival under a strategy focused on operational excellence and asset management.
Key Points:
- NEPL recorded 335,000 barrels per day on December 1, 2025, a 36-year high
- Average daily production rose 52% from 203,000 bpd in 2023 to 312,000 bpd in 2025
- NNPC Group CEO Bayo Ojulari said the achievement signals Nigeria’s “energy revival is underway.”
- The company linked the growth to “operational excellence” and “structured field development.”
- The milestone supports national targets of 2 million bpd by 2027 and 3 million by 2030
- Executive Vice-President Udy Ntia emphasized that progress is rooted in safety and sustainability
- NEPL MD Nicolas Foucart credited leadership, partnerships, and workforce dedication
Sources: NNPC Official Statement, Business Post, Business Day
