AT A GLANCE: BONGA SOUTH-WEST APARO PROJECT: NNPC, OML 118 CONTRACTOR PARTIES EXECUTE PSC, DSA ADDENDA
NNPC Ltd and the OML 118 contractor parties (SNEPCo, Esso Exploration and Production Nigeria (Deepwater) Ltd. and Nigerian Agip Exploration Limited) have executed the Addendum to the OML 118 Production Sharing Contract (PSC) and the Addendum to the Dispute Settlement Agreement (DSA), marking a major milestone in the advancement of the deepwater Bonga Southwest/Aparo project (BWSAp) towards Final Investment Decision (FID).
The project carries a potential investment of US$15 billion to US$21 billion over its life. Expected peak production is 175 kbopd of oil and 140 mmscfd of gas. The signing follows the approval of the Deep Offshore Oil and Gas Projects Incentives (Tax Remission) Order, 2026, by President Bola Ahmed Tinubu, GCFR.
Nigeria stands to gain higher oil and gas production, enhanced government revenues, and increased foreign exchange earnings. The project will also create jobs, widen Nigerian content participation, and support technology transfer and skills development.
Read the full press release here: https://t.co/UtkHpHuajc
#EnergyForToday
#EnergyForTomorrow
𝐓𝐨𝐝𝐚𝐲 𝐢𝐬 𝐟𝐨𝐫 𝐞𝐯𝐞𝐫𝐲𝐨𝐧𝐞 𝐰𝐡𝐨 𝐛𝐞𝐥𝐢𝐞𝐯𝐞𝐬 𝐢𝐧 𝐍𝐢𝐠𝐞𝐫𝐢𝐚'𝐬 𝐝𝐞𝐞𝐩𝐰𝐚𝐭𝐞𝐫 𝐩𝐨𝐭𝐞𝐧𝐭𝐢𝐚𝐥.
NNPC Ltd and our OML 118 contractor parties—Shell SNEPCo, Esso, and NAE—have executed the PSC & DSA addenda for Bonga Southwest/Aparo, moving us closer to FID.
This is about more than barrels.
It's about:
✅ Up to $15B–$21B in potential investment
✅ 175 kbopd oil + 140 mmscfd gas
✅ Nigerian jobs and local content creation
✅ Stronger supply chains
✅ Real revenue for our nation
Thank you to President Tinubu (@officialABAT) for the 2026 Deep Offshore Incentives Order, and to our regulators, contractor parties, and teams for their dedication. Together, we're creating an environment where everyone wins.
BSWAp is ours to deliver. Together.
Ambition, Love and the Journey to NNPC
When I first heard that there was an engaged couple among the 2026 class of NNPC Tigers, I knew immediately they were a #HumansOfNNPC story, and I had to meet them.
So, on Tiger Graduation Day, I invited Philips and Olamide to my office. I was expecting a cute story about two people who had applied to NNPC together and somehow found themselves graduating together. What I got was much better. Their story began long before NNPC.
Park that.
They first met at the Polaris Bank Graduate Intensive Training School in Lagos. Olamide remembers thinking Philips was calm, intelligent and quite easy to talk to. His first impression of her? Open and smart.
Yet, neither of them heard the faintest toll of wedding bells. Fast forward a few years and separately, both saw the NNPC Tigers recruitment announcement and applied.
Then the coincidences began. They lived far apart but were assigned to the same centre for the computer-based test. They prepared together, encouraged each other and moved on to the interview stage. Then, somehow, they were scheduled for interviews on the same day. Same panel. Same room. Out of about 1,000 candidates being interviewed daily, in batches of five.
At this point, I am thinking (out loud): Okay, NNPC recruitment process or matchmaking exercise? They laughed.
But there was something lovely about the way they told the story. There was no sense that either had expected life to unfold this way. They simply kept showing up, doing the work and cheering each other on.
Then the job offers came. Philips says he opened the email and had a light bulb moment.
“It was then I knew Olamide was my wife,” he said, smiling.
That part will stay parked…
I was curious about what they had heard about NNPC recruitment before they applied.
The familiar stories came up: you needed to know someone, the process was almost impossible, that ordinary qualified applicants without connections did not stand a chance.
This was far from their experience. Neither knew anyone at NNPC. They found the opportunity online, applied through the official recruitment portal and went through the required stages.
“I was most surprised by how structured the process was. Every stage demanded preparation, patience and high performance,” Olamide said.
Their advice to anyone considering applying for the next Tigers programme?
“Apply anyway!”
Don’t believe the hype and what you read. Do not reject yourself before your application is considered. Prepare and let the process decide whether you stand a chance.
How has their journey through Tigerdom been? In their early days in Abuja, before they found an apartment, their daily commute involved a bike from T-Pumpy Estate to Lugbe, followed by a taxi from Police Signpost to work.
“We were learning new names, acronyms and departments while trying hard to look like we knew exactly what we were doing,” Philips recalls.
Today, they laugh about it as the sweetest part of their story, beginning their careers and a life together. Judging by the way they spoke about each other in my office, I suspect this is only the beginning of an exceptional story.
#HumansOfNNPC
#FutureReadyNNPC
#EnergyForToday
#EnergyForTomorrow
Learn to hear God and obey his instructions. Obedience leads to acceleration. ✨
When you obey God, you position yourself for divine speed, favour and elevation. 🙏🏽🔥
#deleolawanle
The U.S. Department of State has put an end to the ideologically extreme and discriminatory diversity, equity, and inclusion (DEI) agenda, restoring merit, rigor, and accountability to the Foreign Service. https://t.co/AatUhpERTz
PRESS STATEMENT
Deep Offshore Incentive Order Will Accelerate Investment, Production Growth – Ojulari
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has welcomed the Federal Government's signing of the Deep Offshore Oil and Gas Projects Incentives (Tax Remission) Order, 2026, describing it as a landmark reform that significantly enhances Nigeria's competitiveness for deep offshore investment and strengthens the nation's pathway towards achieving its 3 million barrels of oil per day (MMbopd) production ambition by 2030.
Read the full press statement when you visit https://t.co/xS2IVMkd26
Nigeria’s transition to Compressed Natural Gas (CNG) is opening new pathways for enterprise, innovation and shared prosperity.
With more than 5 million commercial vehicles presenting a significant conversion opportunity, Nigerians can build businesses around CNG conversion services while helping drivers access a cleaner and more affordable fuel alternative.
From conversion centres to technical services and supporting enterprises, the gas economy is creating opportunities for Nigerians to participate in and benefit from the nation’s evolving energy landscape.
The Renewed Hope Agenda is not only transforming how Nigeria powers its economy; it is creating new opportunities for Nigerians to build businesses, create jobs and prosper.
@PCNGInitiative
#RenewedHopeAgenda #CNG #GasForNigeria #EnergyTransition #Nigeria
Dear Nigerians,
For many years, Nigeria has possessed some of the most promising deep offshore oil and gas resources in the world, yet several major developments have remained stalled. Oil lies beneath our waters. We have the engineers, businesses and young people capable of doing increasingly sophisticated work in the sector. What has often been missing is the certainty required for investors to commit billions of dollars, over many years, at the scale needed to turn that potential into production, jobs and opportunity for Nigerians.
We cannot afford to leave that opportunity beneath our waters for another decade.
I have therefore signed the Deep Offshore Oil and Gas Projects Incentives (Tax Remission) Order, 2026, to provide clear and predictable terms for a new generation of deep offshore investment in Nigeria.
The framework has the potential to unlock up to $50 billion in investment, beginning with the approximately $10 billion Bonga South West project. For existing deep offshore leases, there is a clear window to reach Final Investment Decision by 31 December 2029 and receive the full standard incentive available under the Order.
There is urgency to this work. Capital moves, and countries compete for it every day. The countries that attract long-term investment are not necessarily those with the greatest natural resources. They are the ones that provide the greatest certainty.
Nigeria must be one of those countries.
This Order marks the tenth major policy directive of my administration targeted specifically at the oil and gas sector. Each has dealt with a constraint holding back investment, production or value creation. Taken together, they represent a deliberate effort to make our oil and gas industry more competitive, attract capital back to Nigeria and ensure that more of the value created from our resources remains here at home.
But attracting investment is only half of my purpose.
I want the work that comes with these projects to come home to Nigeria. I want our engineers involved, our fabrication yards working, our marine and technical service companies securing contracts, and our young people acquiring skills that will remain valuable long after the first barrel is produced.
The Order reflects this priority. For projects accessing its supplementary incentives, activities are to be performed in Nigeria, subject to clearly defined exceptions and Nigerian Content requirements.
My ambition is that we use this new investment cycle to build Nigeria into Africa’s regional hub for deep offshore project execution. We should not only possess the resources. We should increasingly possess the skills, businesses and industrial capacity required to develop them.
When I engaged the Chief Executive Officer of Shell plc, Mr Wael Sawan, I directed my team to look beyond a solution for one company or one project. We needed a framework that could unlock a wider pipeline of investment while protecting Nigeria’s long-term interests.
That framework is now in place.
Ultimately, I will judge its success by what Nigerians see from it in terms of good jobs, stronger Nigerian businesses, greater production, increased revenues for the Federation and new capabilities built here at home.
Our natural resources must work harder for our people.
That is the purpose of this decision, and we will pursue it with urgency.
Nigeria First.
Bola Ahmed Tinubu, GCFR
President and Commander-in-Chief of the Armed Forces
Federal Republic of Nigeria
Nigeria Just Made Offshore Oil Investment Simpler and More Attractive.
President Bola Ahmed Tinubu (GCFR) @officialABAT has signed the Deep Offshore Oil and Gas Projects Incentives (Tax Remission) Order, 2026, replacing years of case-by-case negotiation with one clear, transparent framework. Up to $50 billion in new investment. Bonga South West as the first beneficiary. And NNPC Limited @nnpclimited standing as the Federation's nominated counterparty, ready to implement the PSC amendments to bring it to life.
This means more jobs for Nigerians, deeper local supply chains, faster progress toward our 3 million barrels per day production ambition by 2030.
As always, certainty attracts capital. Nigeria is showing the world it's ready.
#NNPCLimited #DeepOffshore #NigeriaEnergy
[WATCH NOW]
"When I saw the congratulatory email, it blew my mind."
Every one of them had a reason not to apply. Some had been told the company only hires through connections. Others assumed that with a sibling already in the running, there was no point putting their own name forward. One assumed a disability ruled her out before she started.
They applied anyway. They sat for the test. They were interviewed. And they got in.
In this video, young Nigerians now working across various subsidiaries in NNPC Limited recall the transparent recruitment process as they experienced it, from the day they submitted their application to the day their offer arrived.
A Future-Ready NNPC Ltd. is here.
#HumansOfNNPC
#FutureReadyNNPC
#EnergyForToday
#EnergyForTomorrow
Every African should see this video of a bilateral discussion between President Emmanuel Macron of France and representatives from Burkina Faso.
No one has made me happier for and prouder of Africa than the ladies in the video. Ibrahim Traoré has the best brains around him.✍️
Reuben Buhari writes:
"Be warned: Some issues in this post may be disturbing.
This is the back of someone who lives in a community that has entered into an agreement with Fulani kidnappers following repeated attacks. The community is now in its third year living alongside bandits.
I chose to show only his back to protect his identity. It took him a week to leave his community, which I will not name, but it's in Kajuru LGA, Kaduna State.
The man you see is married with 5 children, but his wife doesn't belong to him since the agreement was entered into. The kidnappers sleep with her whenever they feel the urge, sometimes while the children watch. If he protests, he will be shot. The same thing happened to all the women in the village. If a kidnapper leaves a blanket in front of your house or drops a stick, it's a sign that he will sleep in your house with your wife or daughter that day, while you sleep outside.
This man, like other families, can't leave the village now, though some have managed to. If you are caught, you will be shot. If you are seen walking with a bag, you will be searched. They are allowed to farm, but one quarter of the harvest goes to the bandits. They aren't allowed to own a phone, though a few have found a way around it. If you are caught, you will be shot.
You can’t wear any new clothes. A bandit will simply tell you he needs them. They aren't allowed to own torchlights. Only bandits can own torchlights in the village. You can only own an old motorcycle. They take any new one they see. It's the bandits who buy petrol and sell it to those with motorcycles in the village.
They aren't allowed to own a machete; only hoes and diggers are permitted for farming.
They can visit villages that have also entered into an agreement with the bandits. If they want to buy anything from a village that hasn't entered into an agreement, it’s their wives who are allowed to go. If the wives don’t return, the husbands and children will be shot. If the men want to go to an outside market to buy anything or sell grain, their wives and children stay behind.
Youths in the community are forced to accompany the bandits to steal or kidnap. They are forced to ride the motorcycle while the bandits sit behind with guns. If you refuse to go, you are shot.
They can't hold any church service on Sunday unless the bandits are not around.
Schools in those communities do not function because teachers have abandoned them. Likewise, PHCs do not function.
Everything is controlled by the kidnappers. Sometimes they pick people from the community and shoot them to show what will happen to anyone who disobeys them.
This is just a summary of the chilling things this man said.
There are more than 20 communities in Kajuru LGA, about 30 in Kachia LGA, and dozens in Chikun LGA that have entered into such agreements with these kidnappers and are living under harsh conditions. Though the conditions vary, but most have no freedom at all."
https://t.co/721hNYyqxr
Today marked a huge milestone for us as we officially deployed over 1,000 young professionals into NNPC Ltd after one year of internship, intensive training, and evaluation.
During the event, I listened to some of them share their recruitment stories, raw, unscripted, and real. Different paths, but the same door. And we opened it. That's what NNPC Ltd stands for today: not who you know or where you're from, but what you can do.
Their offer letters got them in, but their work this past year kept them here. They proved themselves day after day, under real pressure, and that's the standard we're building. Talent. Hard work. Fairness.
To the over 1,000 newly deployed: you are not just our future. You are our present. Our energy. Our proof. So don't hesitate to lend your voice, share your opinions, and challenge the status quo. Own your development.
But don't forget the wait. Don't forget the process. Because one day, when you're sitting where I am, you'll remember this moment, and you'll open that same door for someone else.
Welcome. Now let's build.