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Boost for Nigeria’s Oil Production, As NNPC’s Utapate Crude Grade Hits Global Oil Market

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Managing Director, NNPC E & P Limited (NEPL), Mr. Nicholas Foucart speaks at the official unveiling of the Utapate crude oil blend during the Utapate Crude Roadshow held on the sidelines of the 2024 Argus European Crude Conference in London, United Kingdom, on Wednesday.

 

 

In a major boost for Nigeria’s crude oil production, revenue generation and
economic growth efforts, the NNPC Ltd has officially unveiled its latest crude oil
grade, the Utapate crude oil blend, before the international crude oil market.

It would be recalled that in July, 2024, NNPC Ltd and its partner, the Sterling Oil
Exploration & Energy Production Company (SEEPCO) Ltd introduced the Utapate
crude oil blend, following the lifting of first cargo of 950,000 barrels which headed
for Spain.

During a ceremony held at the Argus European Crude Conference taking place in
London, United Kingdom, on Wednesday, the Managing Director, NNPC E & P
Limited (NEPL), Mr. Nicholas Foucart described the introduction of the Utapate
crude oil blend into the market as a significant milestone for Nigeria’s crude oil
export to the global energy market.

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“Since we started producing the Utapate Field in May 2024, we have rapidly
ramped up production to 40,000 barrels per day (bpd) with minimum downtime.
So far, we have exported five cargoes, largely to Spain and the East Coast of the
United States; while two more additional cargoes have been secured for November
and December 2024, representing a significant boost to Nigeria’s crude oil export
to the global market,” Foucart told a packed audience of European crude oil
marketers.
He added that since its introduction into the global market, the Utapate crude oil
blend has enjoyed a positive response from the international crude oil market, due
to its highly attractive qualities.
Foucart said the Oil Mining Lease (OML) 13, fully operated by NEPL and Natural
Oilfield Services Ltd (NOSL), a subsidiary of SEEPCO Ltd, boasts a huge reserves of
330million barrels of crude oil reserves, 45 million barrels of condensate and 3.5 tcf
of gas.
“We have a number of ongoing projects to increase our production from the
current 40,000bopd to 50,000bopd by January 2025 and 60,000bopd to
65,000bopd by June 2025. Essentially, we are targeting opportunities to increase
production to 80,000bopd by the end of 2025,” Foucart added.He said the Utapate crude oil terminal is sustainable, affordable and fully compliant
with the rigorous environmental regulations and sustainability principles especially
those aimed at reducing carbon emissions and other ecological effects.
Also speaking, the Managing Director of NNPC Trading Ltd (NTL), Mr. Lawal Sade
said the pricing structure of the Utapate crude oil blend is similar to that of
Amenam crude as it is a light sweet crude which is highly sought after by refiners
across the world due to its low sulphur content, efficient yield of high-value
products, API gravity and other similarities.
He said in bringing the new crude oil blend to the global market, NNPC Ltd wanted
to optimise value for both its producers and counterparties across the globe.
He added to ensure predictability and sustainability of supply, the NNPC Trading
intends to run a term contract on the Utapate crude oil blend cargoes, principally
targeting off-takers from the European and the US East Coast refineries.
Produced from the Utapate field in OML 13 in Akwa Ibom State in Nigeria, the
Utapate crude oil blend is similar to the Nembe crude oil grade. It has a low sulphur
content of 0.0655% and low carbon footprint due to flare gas elimination, fitting
perfectly into the required specification of major buyers in Europe.
The NNPC E&P Ltd and NOSL partnership is also committed to operating in a
manner that is safe, environmentally responsible, and beneficial to the local
communities.
The Utapate field development plan, executed between 2013-2019 and approved in
October, included converting wells and facilities from swamp/marine to land-
based operations.
The plan involved a multi-rig drilling campaign for 40 wells and the development
of significant infrastructure such as production facilities, storage tank, a subsea
pipeline and an offshore loading platform to facilitate crude oil evacuation and
loading.

The entry of the Utapate crude oil blend into the market is coming barely a year
after the NNPC Ltd announced the launch of Nembe crude oil, produced by the
NNPC/Aiteo operated Oil Mining Lease (OML) 29 Joint Venture (JV).

In a statement by Olufemi O Soneye Chief corporate communications officer NNPCL said the remarkable achievement signals the commitment of the NNPC Ltd to
increasing Nigeria’s crude oil production and growing its reserves through the
development of new assets.

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Kaduna 2027: Governor Uba Sani Replaces Deputy, Names Jerry Adams as Running Mate

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By Yusuf Danjuma Yunusa

In a major political realignment ahead of the 2027 governorship election, Kaduna State Governor Uba Sani has officially nominated the Chairman of the Kaduna State Internal Revenue Service (KADIRS), Jerry Adams, as his new running mate.

The announcement, made on Tuesday via a personally signed statement, effectively signals the end of the ticket with the current Deputy Governor, Hadiza Balarabe, who also served as Deputy to former Governor Nasir El-Rufai during his second term.

Governor Sani framed the decision as more than a political calculation, describing it as a “reaffirmation” of his administration’s core philosophy of inclusive governance.

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“This decision is far greater than the selection of a deputy governorship candidate. It is a reaffirmation of the values that have guided our administration since I took the oath of office on 29 May 2023; the values of inclusion, justice, fairness, equity and the unwavering conviction that every citizen of Kaduna State deserves a genuine sense of belonging,” the Governor stated.

Addressing the state’s complex socio-political landscape, Sani noted that Kaduna’s rich diversity in ethnicity, religion, and culture should be a source of strength rather than division. He reflected on the state’s history, emphasizing the need to learn from past conflicts.

“Our history has taught us difficult lessons about the heavy cost of division, mistrust and exclusion. Yet it has also shown us that when we choose dialogue over discord, inclusion over alienation and justice over prejudice, our people achieve extraordinary things together,” he added.

The Governor touted his administration’s track record over the last three years as evidence of this commitment, citing equitable distribution of developmental projects across the state’s 23 local government areas. Key sectors highlighted include road infrastructure, education, healthcare, agriculture, water supply, rural development, and social protection programs.

The nomination of Jerry Adams, who currently oversees the state’s revenue generation, signals a potential shift in the administration’s focus toward economic consolidation and fiscal expansion as it prepares for the 2027 electoral contest.

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No Sin in Politics’ Wike Says as Fubara Returns to Rainbow Coalition

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By Yusuf Danjuma Yunusa

FCT minister Nyesom Wike has welcomed the return of Governor Siminalayi Fubara to his political side, declaring the latter has corrected his mistakes.

He said this in Abuja on Tuesday after inspecting the project, alongside the ongoing construction of the service carriageways of the Southern Parkway in Gaduwa District, Abuja.

Reacting to the Rivers governor’s recent declaration about his return to the Rainbow Coalition and pledge of complete loyalty to President Bola Tinubu’s re-election, Mr Wike said, “There is no sin in politics.”

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The minister further stated, “If someone realises he made a mistake and decides to correct it, there is nothing wrong with that.

“What matters is recognising that you were on the wrong path and deciding to take the right path.”

The minister, who welcomed Mr Fubara back into his political fold, insisted that the governor had “no other choice” than to return to the political family that brought him to power.

Mr Wike explained that the Rivers governor’s decision to align with his political camp publicly was a step in the right direction, adding that the reconciliation would strengthen support for Mr Tinubu ahead of the 2027 elections.

“I said during my last media chat that he had no other choice but to return to the same political family that produced him,” Mr Wike stated.

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Aminu Magashi Donates Relief Materials to Bichi Female Rehabilitation Centre Inmates

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The Technical Adviser to the Kano State Ministry of Humanitarian Affairs and Poverty Alleviation, Dr. Aminu Magashi Garba, has donated relief materials, including blankets, food items, and essential drugs, to inmates of the Bichi Female Rehabilitation Centre following the destruction caused by a recent rainstorm.

Dr. Magashi made the donation during a visit to the facility on Sunday, July 26, accompanied by officials of the Kano State Emergency Management Agency (SEMA), led by its Executive Secretary, Alhaji Isyaku Abdullahi Kubarachi.

The visit followed a heavy rainstorm that damaged parts of the rehabilitation centre, leaving several buildings in need of urgent repairs. During the inspection, Dr. Magashi interacted with staff and female inmates while assessing the extent of the destruction.

He observed that the rainstorm had blown off the roofs of several female accommodation blocks, while sections of the perimeter fence had collapsed, creating serious safety and security concerns for the facility.

In response to the situation, Dr. Magashi commended the Kano State Emergency Management Agency for its swift intervention, particularly the decision to temporarily relocate all female inmates to a dedicated and secured section within the Bichi Male Rehabilitation Centre.

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According to SEMA, the temporary relocation was undertaken to safeguard the lives and welfare of the inmates while rehabilitation and reconstruction of the damaged facility are carried out.

Dr. Magashi described the agency’s response as timely and necessary, noting that the safety and well-being of vulnerable persons in government care should remain a top priority.

He also pledged to support SEMA and the Ministry of Humanitarian Affairs and Poverty Alleviation in convening a strategic stakeholders’ meeting aimed at reviewing the incident and strengthening emergency response mechanisms across rehabilitation centres in the state.

The meeting, he said, would provide an opportunity to mobilize additional support from government institutions, non-governmental organizations, and development partners to improve SEMA’s capacity in managing the 13 rehabilitation centres under its supervision.

Dr. Magashi highlighted his continued commitment to supporting humanitarian interventions across Kano State, recalling that he had previously visited six of the state’s 13 rehabilitation centres where he donated drugs and food items to inmates.

He added that he had also sponsored a one-day capacity-building training for health workers serving in the rehabilitation centres to improve healthcare delivery to inmates.

The Technical Adviser expressed appreciation to the Executive Governor of Kano State, Engr. Abba Kabir Yusuf, for appointing him to serve in the Ministry of Humanitarian Affairs and Poverty Alleviation, pledging to continue supporting initiatives that improve the welfare of vulnerable residents across the state.If you’d like, I can also make it follow the exact Nigerian Tracker house style with a stronger lead, subhead, and editor-ready formatting.

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