NNPC Ltd, in partnership with Newcross Exploration and Production Ltd, has resumed production from the Awoba field in the Awoba Unit Field. The field, which had ceased production in 2021 due to evacuation challenges and oil theft, was officially shut down in February 2022. Now, with an average production rate of 8,000 barrels per day, it is anticipated to increase to 12,000 barrels per day within the next month,leadership reports.
The restart of the Awoba field on April 13, 2024, is expected to not only enhance gas supply to the power sector and other gas-dependent industries but also optimize the utilization of the nation’s hydrocarbon resources to bolster revenues and meet OPEC production quotas. This information was disclosed in a statement signed by NNPC Ltd’s spokesperson, Olufemi Soneye.
Situated in the mangrove swamp south of Port Harcourt, Rivers State, the Awoba Unit spans across OMLs 18 and 24, both managed by NNPC Upstream Investment Management Services (NUIMS).
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NNPC Ltd has seen a series of successful production ventures in its joint venture portfolio, significantly elevating the country’s overall production. Apart from the recent commencement of production at the Madu Field through the NNPC Ltd/First E&P JV, the company successfully restarted production at OMLs 29 and 18 in late 2023. Since then, these assets have consistently contributed an average of 60,000 barrels per day to the nation’s production output.
Mele Kyari, the group chief executive officer, attributed this achievement to the enabling operational environment fostered by the administration of President Bola Ahmed Tinubu. He extended gratitude to all stakeholders, including staff, operators, host communities, government security agencies, and private security contractors, for their crucial roles in realizing this milestone.
