ABUJA, Nigeria – NNPC Limited has reaffirmed its commitment to collaborative investments and accelerated upstream development as part of efforts to boost Nigeria’s crude oil output and stabilise the energy sector.
The assurance was given by the company’s Executive Vice President (Upstream), Udy Ntia, during the Global Strategy Session at the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC 2025) on Tuesday.
Speaking on the theme, “Beyond the Barrel: The Future of Upstream Strategy,” Ntia said Nigeria must expand partnerships and deploy technology to unlock new resource potential, particularly in deepwater and frontier fields.
“NNPC Limited stands ready to co-invest in solutions that will increase production and improve energy security,” he stated. “Our focus remains restoring output, strengthening infrastructure and ensuring sustainable, responsible upstream operations.”
The company is pursuing a production target of 2 million barrels per day, following years of decline driven by pipeline vandalism, crude theft, and legacy operational constraints.
Key projects underway include progress at the Bonga Southwest deepwater field, reactivation of onshore assets, and new partnerships with international oil companies to develop marginal fields. Efforts also continue to secure oil-producing communities and restore damaged pipeline corridors.
Ntia emphasised that Nigeria’s energy transition must be “pragmatic and inclusive,” balancing economic priorities with environmental responsibility.
“Energy security and climate goals must advance together. Nigeria will pursue transition at the right pace and scale,” he said.
