Thursday, September 18, 2025
Home Oil & Gas LOKPOBIRI HAILS PRODUCTION GAINS AT ABIGAIL JOSEPH FPSO, TARGETS 100,000 BPD OUTPUT.

LOKPOBIRI HAILS PRODUCTION GAINS AT ABIGAIL JOSEPH FPSO, TARGETS 100,000 BPD OUTPUT.

Nigeria’s quest to boost crude oil production is making significant strides, as the Abigail Joseph Floating Production Storage and Offloading (FPSO) facility, operated by the NNPCL-First E&P Joint Venture on OML 83/85, ramps up output.
In a statement signed by the Special Adviser on Media and Communication to the Minister of State for Petroleum Resources Oil
Nneamaka Okafor reveals that,
During an inspection offshore in Bayelsa State, the Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, Ph.D., applauded the facility’s progress and its ambitious production goals.
“Currently producing 60,000 barrels per day (bpd), the FPSO is on track to achieve 70,000 bpd in the near term, with plans to scale up to 100,000 bpd. Speaking at the site, Senator Lokpobiri emphasized the strategic importance of the facility, stating, “The ongoing work here reflects our collective efforts to increase Nigeria’s crude production. It is impressive to see such commitment from NNPCL and First E&P, especially as First E&P pursues a 23-well drilling campaign to sustain and enhance output. This is a vital step toward achieving our national production targets.”
Ademola Adeyemi-Bero, Managing Director and CEO of FIRST E&P Limited, reaffirmed the company’s dedication to delivering results. “We are fully committed to meeting and surpassing our current production goals. With the support of our partners and ongoing de-bottlenecking initiatives, we are confident of achieving 70,000 bpd and eventually 100,000 bpd in record time. This project underscores the capability of indigenous companies to deliver on ambitious targets,” he noted.
Mr. Bala Wunti, Chief Upstream Investment Officer (CUIO) of NNPC Upstream Investment Management Services (NUIMS), assured the Minister of the joint venture’s alignment with national objectives. “The milestones achieved here at Abigail Joseph FPSO are a testament to NNPCL’s determination to deliver results through strategic partnerships and innovative approaches. With the stir of the GCEO We are committed to meeting the Minister’s directive to ramp up production in no distant time,” Wunti said.
Senator Lokpobiri lauded the role of joint ventures like the NNPCL-First E&P partnership in driving growth within Nigeria’s oil sector. He urged other indigenous operators to leverage the opportunities presented by ongoing reforms to further the country’s energy objectives.
The Abigail Joseph FPSO stands as a symbol of progress and collaboration in Nigeria’s oil industry, demonstrating the transformative potential of indigenous-led partnerships and innovation in unlocking hydrocarbon wealth. With sustained efforts and strategic investments, the NNPCL-FIRST E&P Joint Venture is well-positioned to make significant contributions to the nation’s oil production capacity.
RELATED ARTICLES

LOKPOBIRI HIGHLIGHTS REFORMS, INCENTIVES IN DEEPWATER SECTOR.

  Nigeria has renewed its appeal to global Engineering, Procurement, and Construction (EPC) companies, assuring them of a transformed investment environment backed by bold reforms...

NIGERIA COMMITTED TO ATTRACTING RETURNING INVESTORS WITH GLOBAL-LEVEL INCENTIVES – LOKPOBIR.I

  Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri,  says Nigeria is ready to offer global-standard incentives to attract international investors back into...

NIGERIA ON TRACK TO HIT 2.5MBPD OIL OUTPUT — FG.

  The Federal Government, through the Nigerian Upstream Petroleum Regulatory Commission, has declared that the country is firmly on course to ramp up crude oil...

Most Popular

INSURANCE LITERACY DRIVE: NAICOM, SDGs SYNERGY INITIATIVE MOVE TO PROMOTE INSURANCE LITERACY.

  The National Insurance Commission (NAICOM) and the Sustainable Development Goals (SDGs) Synergy Initiative are set to deepen collaboration aimed at strengthening youth participation in...

$134M AGRIC PROGRAMME NAIDA REJECTS ALLEGATIONS OF MISMANAGEMENT

  The Nigeria Agro Input Dealers Association, NAIDA, has dismissed reports alleging fraud in the African Development Bank–funded $134 million agricultural programme, NAGS-AP. In a statement,...

FG MOVES TO REVITALIZE SILOS CONCESSION PROGRAMME TO BOOST FOOD SECURITY

  The Federal Government says it is set to revitalize the Silos Concession Programme as part of efforts to curb post-harvest losses, strengthen food storage...

INDIAN BUSINESSMAN, THREE OTHERS ARRESTED OVER N3.9BN TRAMADOL AT LAGOS AIRPORT …AS NDLEA UNCOVERS SKUCHIES FACTORY, NABS COUPLE WITH 19KG DRUGS IN ANAMBRA,...

The National Drug Law Enforcement Agency (NDLEA) has arrested an Indian businessman, Gupta Ravi Kumar, and three Nigerian accomplices over the importation of 2,248,000 pills...

Recent Comments