October 21, 2017 1:08 PM ET

Oil, Gas and Consumable Fuels

Company Overview of Nigerian Petroleum Development Company Ltd

Company Overview

Nigerian Petroleum Development Company Ltd. engages in the exploration and production of oil and gas in Nigeria. It also engages in the onshore and offshore exploration and production of petroleum in Niger and Delta regions, and Equatorial Guinea. Nigerian Petroleum Development Company has strategic alliance with SINOPEC. The company was founded in 1988 and is based in Benin City, Nigeria. Nigerian Petroleum Development Company Ltd operates as a subsidiary of Nigerian National Petroleum Corporation.

62/64 Sapele Road

Benin City,  

Nigeria

Founded in 1988

Phone:

234 52 251900

Fax:

234 52 259514

Key Executives for Nigerian Petroleum Development Company Ltd

Executive Director of Finance and Accounts
Managing Director
Executive Director of Engineering & Technical Services
Executive Director of Joint Venture Operations
Executive Director of Services
Compensation as of Fiscal Year 2017.

Nigerian Petroleum Development Company Ltd Key Developments

Investors Reportedly Seeks To Acquire Marginal Oil Blocks

Dangote Industries Limited and Nigerian Petroleum Development Company Ltd and over 20 companies are set to bid for the nations marginal oil blocks as the government moves to sell them to potential buyers this year, Independent reports. Investigations showed that Dangote, which is currently constructing a multi-billion dollar refinery in Lagos, looks forward to bidding for the marginal oil blocks in order to complement its source of crude oil supply. A source in the company, who preferred not to be named said, As a policy, we are looking at opportunities in the upstream segment to make great impact as well as source commercial crude oil for our refinery.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
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