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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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Xenophobia: FG Hints at Economic Crackdown on South African Giants MTN, DStv

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By Yusuf Danjuma Yunusa

The Federal Government has hinted at possible measures against South African companies operating in Nigeria, including telecommunications giant MTN, as outrage grows over the continued harassment and attacks on Nigerians living in South Africa.

Minister of Foreign Affairs, Ambassador Bianca Odumegwu-Ojukwu, disclosed this on Thursday, while addressing concerns over the worsening anti-migrant attacks in South Africa and the evacuation of Nigerians from the country.

The minister said Nigeria had exercised restraint and continued to pursue diplomatic engagements but warned that the government might be compelled to explore other options if the attacks persist.

“As I indicated before, there are these huge conglomerates. By the way, there are over 120 South African companies operating in Nigeria.

“Nobody is asking them to provide proof of identity. Nobody is asking South African staff working there whether they are South Africans or Nigerians, and nobody is taking over their shops or businesses.

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“But this is happening to Nigerians in South Africa. So, I think that at some point, we really have to review the options available to us.

“We have MTN, MultiChoice, Stanbic, Protea and many other South African brands spanning multiple sectors,” Odumegwu-Ojukwu said.

The minister, however, stressed that any retaliatory measures would have to follow constitutional provisions and due legislative process.

She explained that the Federal Government was currently engaging South African authorities through diplomatic channels, while the National Assembly would play a constitutional role in determining Nigeria’s response should those efforts fail.

The minister also disclosed that the South African authorities discarded their memorandum of understanding with Nigeria on early warning mechanism which they had signed in October 2025.

She added that the pact was essentially to protect the lives and property of both Nigerians and South Africans in times of conflict like this.

“When it comes to situations like this, of course, it is necessary to be temperate and exercise caution. But when your citizens are being harassed, when your citizens are people who have spent years there, and mind you, some of them are married to South Africans and have children who have known no other home but South Africa, then it becomes a serious concern.

“Now, under these circumstances, they are asking not just Nigerians, but also their South African spouses and their children, to leave South Africa,” the minister said.

Recall that in May, th esenator representing Edo North, Adams Oshiomhole, called for the revocation of licences of South African companies operating in Nigeria, including MTN and MultiChoice, owners of DSTV, following renewed xenophobic attacks against Nigerians in South Africa.

The National Assembly also condemned the attacks, urging the federal government to take immediate diplomatic and protective measures to safeguard Nigerian citizens abroad.

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Accord Party Members in Kano Back Court Ruling, Reaffirm Support for Olawepo-Hashim

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Members, stakeholders and supporters of the Accord Party in Kano State have welcomed the recent intervention of the Court of Appeal in Abuja over the attempted deregistration of political parties by the Independent National Electoral Commission (INEC), describing the decision as a victory for democracy and the rule of law.

The position was contained in a communiqué issued at the end of an emergency meeting of Accord Party members and supporters of Dr. Gbenga Olawepo-Hashim held on Saturday at the Nigeria Union of Journalists (NUJ) Secretariat Conference Hall in Kano, according to the statement signed by the party’s Women Leader, Ambassador Aisha Ibrahim Ya’u, and North West Coordinator, Bashir Muhammad Goje Alade.

According to the communiqué, representatives from all 44 local government areas of Kano State attended the meeting to deliberate on recent judicial developments surrounding the Federal High Court judgment that ordered the deregistration of five political parties, including the Accord Party.

The gathering commended the Court of Appeal sitting in Abuja for granting a stay of execution of the Federal High Court judgment, stating that the appellate court’s action demonstrated a commitment to justice, due process and constitutional governance, according to the communiqué.

The party members expressed confidence in the Nigerian judiciary, describing it as a critical institution for safeguarding democracy and protecting citizens’ rights, the statement said. They noted that the Court of Appeal’s intervention had strengthened public trust in the judicial process and reaffirmed the importance of respecting established legal procedures.

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The meeting also reassured party members and supporters that the Accord Party remains a legally recognised political party pending the final determination of the matter before the courts, according to the communiqué. Participants stressed that all structures, organs and activities of the party remain valid and operational across the country.

In addition, attendees emphasised the importance of political pluralism in sustaining democratic governance, arguing that citizens should continue to enjoy a wide range of political choices, the statement noted. The meeting pledged support for all lawful efforts aimed at preserving multiparty democracy and promoting inclusive political participation.

The stakeholders commended Accord Party members across Kano State and other parts of the country for remaining calm and committed despite the uncertainty generated by the legal dispute, according to the communiqué. They praised supporters for demonstrating maturity and dedication to democratic ideals during the period.

The meeting further reaffirmed its support for Dr. Gbenga Olawepo-Hashim, describing him as a leader committed to national unity, prosperity and democratic development, the statement said. Participants urged party supporters to remain peaceful and focused on advancing the programmes and objectives of the party.

The stakeholders also called on political actors, institutions and other interested parties to respect ongoing judicial proceedings and avoid comments or actions that could interfere with the legal process, according to the communiqué.

At the conclusion of the meeting, participants passed a unanimous vote of confidence in the leadership of Dr. Gbenga Olawepo-Hashim, citing his efforts to strengthen the Accord Party’s structures and presence across wards, local government areas and communities in Kano State and throughout Nigeria, the statement added.

The communiqué was jointly signed by Ambassador Aisha Ibrahim Ya’u, Women Leader, and Bashir Muhammad Goje Alade, North West Coordinator of the Accord Party support group.

 

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In a leaked letter: Deputy Senate President Writes Minister, Seeks Revocation of multi billion Naira Kano–Gwarzo–Dayi Road Contract Over Poor Performance

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The Deputy President of the Senate, Barau I. Jibrin, has written to the Minister of Works, Dave Umahi, requesting the revocation of the contract for the Kano–Gwarzo–Dayi Road project due to the contractor’s poor performance.

The project involves upgrading the approximately 100-kilometre single-lane Kano–Gwarzo–Dayi road into a dual carriageway to improve transportation and facilitate the movement of agricultural produce from rural communities to markets across neighbouring states.

In a leaked letter, sighted by our correspondent which was personally signed by Senator Barau, the lawmaker expressed serious concern over the performance of CGC Nigeria Limited, the contractor handling the project, which was received at the Ministry of Works headquarters on June 8, 2026, noted that despite the allocations of billions to the company.

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Senator Barau stressed that the continued delay in completing the project has negatively affected residents, commuters, and economic activities along the corridor, and called for urgent and immediate action by the Ministry of Works.

According to the letter:
“Given the strategic importance of the Kano–Dayi Road to the socio-economic development of Kano, Katsina and Kebbi States, it is deeply concerning that the contractor has failed to make satisfactory progress despite the allocation of N19 billion and N37 billion to the project under the 2025 and 2026 Appropriation Acts, respectively.

“This persistent lack of progress has resulted in undue hardship for residents, commuters, and other road users.

“In view of the persistent delays and the contractor’s apparent inability to meet expected project milestones, I urge the Ministry to undertake an immediate assessment of its performance and revoke the contract in the interest of the public.”

 

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