NNPC E&P Record Oil Production
Analysis based on 15 articles · First reported Dec 09, 2025 · Last updated Dec 10, 2025
The record oil production by Nigerian National Petroleum Corporation — NNPC Exploration & Production Limited significantly boosts confidence in Nigeria's energy sector, potentially attracting more foreign investment and strengthening the nation's economic foundation. This achievement also reinforces Nigeria's position as a reliable energy supplier in the global market.
Nigerian National Petroleum Corporation — NNPC Exploration & Production Limited (NEPL), a subsidiary of NNPC, achieved a record daily crude oil production of 355,000 barrels per day on December 1, 2025, marking its highest output since 1989. This milestone represents a 52% increase in average daily production from 2023 to 2025, reflecting a strategic focus on operational excellence and asset management. The achievement is seen as a significant step towards Nigeria's national oil production targets of 2 million bpd by 2027 and 3 million bpd by 2030. Bashir Bayo Ojulari, Group Chief Executive Officer of NNPC, stated that this proves Nigeria's energy revival is underway, reinforcing confidence among domestic and international investors. Udy Ntia, Executive Vice President, Upstream, emphasized the importance of sustainable and responsible operations, while Nicolas Foucart, Managing Director of Nigerian National Petroleum Corporation — NNPC Exploration & Production Limited, highlighted the positive impact on national revenue and energy security for Nigeria.
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