Video | A new era for NNPC and Nigeria's upstream oil & gas sector
In April, Nigeria's President, Bola Tinubu, appointed a new board at NNPC, signalling the country’s commitment to revitalising its oil and gas sector
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Ian Thom
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Ian brings 18 years of experience to his role as head of regional analysis for Europe, Russian, Caspian and Africa
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Recent developments in Nigeria demonstrate the country’s strong commitment to revitalising its oil and gas sector. With new leadership and ambitious targets set by the government, significant changes are underway for Nigeria’s upstream industry.
The Nigerian government recognises NNPC’s critical role in delivering its growth agenda. In response to years of declining investment and production, the President has set ambitious targets for the board to achieve by 2030. Nigeria now has a clear path forward to leverage its substantial resource base and drive upstream oil and gas growth.
However, both short- and long-term challenges remain.
In this video, our Corporate and Upstream experts use the new Upstream Benchmarking tool and Lens Upstream to delve into the outlook for NNPC and Nigeria’s oil and gas sector. Upstream Benchmarking is part of our Corporate Strategy & Analytics Service. The tool provides customisable views of key operational and financial metrics, allowing for detailed benchmarking and performance analysis.
In this video, we cover:
- How does NNPC benchmark against peers on portfolio longevity, reserves, and cash margins?
- What should NNPC consider in its journey to be ‘IPO ready’?
- What opportunities could help Nigeria achieve its upstream ambitions?
Watch Now
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