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    Sanwo-Olu inaugurates grassroots Ambassadors to engage Lagos citizens on Tinubu’s Renewed Hope journey

    Tinubu economic reforms boost Nasarawa’s monthly allocation from N4.5b to N16b – Gov Sule

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    Nigeria: Research on production of pharmaceutical grade starch hits 85 -NNMDA

    Nigeria: FG targets 11 new pharmaceutical manufacturing projects in 2026

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    EFCC, Edo Youth Affairs Ministry  collaborate against internet fraud

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    TikTok yanks off 4m videos, disrupts 86,000 LIVE sessions in Nigeria

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    Sanwo-Olu inaugurates grassroots Ambassadors to engage Lagos citizens on Tinubu’s Renewed Hope journey

    Tinubu economic reforms boost Nasarawa’s monthly allocation from N4.5b to N16b – Gov Sule

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    CREATIVE SECTOR: Strong tech-driven growth

    • Life
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    • LIFE & CULTURE
  • Education
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    Minister orders six-month review of Nigeria Education Sector Renewal Initiative’s results

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    EKSU records major research milestone as two professors secure N72.4m TETFund National Research Grant

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    Sanwo-Olu unveils roadmap for sustainable healthcare at Eko Health Convention

    Nigeria: FG inaugurates committee to end power outages in hospitals

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    WHO confirms 88% drop in measles deaths as vaccination averts 58.7m deaths globally

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    CBN ex-Deputy Governor, Tunde Lemo to chair 8th Penpushing Media anniversary lecture

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Home Energy

NNPCL commends Chevron on successful Awodi-07 discovery

by OurReporters
January 26, 2026
in Energy
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NNPCL grows profit by 64% to ₦5.4trn in 2024, as Ojulari pledges strategic investments to sustain growth into next decade

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WorldStage– 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.

Awodi-07 well is located in the shallow offshore western Niger Delta.

It 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 November 2025, and were concluded in mid-December 2025, with all activities executed safely, 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.

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.

The Group Chief Executive Officer of NNPC Ltd., Mr Bashir Ojulari, in a statement on Monday commended Chevron Nigeria Limited for its operational excellence, technical competence, and consistent delivery of value.

Ojulari said that the success of the Awodi-07 well further reinforced the strength of the NNPC Ltd/CNL Joint Venture and 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,” he said

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.

Ntia said it was also a result of technical rigour and a stable, enabling operating environment.

“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 nurture this opportunity and progress it towards timely development and monetisation,” he said.

Tags: Awodi-07Bashir OjulariChevronNNPCL
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