NNPC Ltd (NNPC), formerly Nigerian National Petroleum Corp, is a vertically integrated oil and gas company. It explores, produces, refines, transports and markets oil, refined petroleum, petrochemicals and associated by-products. The company operates through a network of refineries that produce products such as linear alkyl benzene, benzene, polypropylene, heavy alkylate, and kerosene, among others. NNPC also provides transportation services. The company operates through subsidiaries that encompass the entire spectrum of oil industry operations, including exploration and production, gas development, refining, distribution, petrochemicals, engineering and commercial investments. It serves customers in Nigeria and internationally. The company also produces biofuels and carries out the commercial exploitation of other renewable energy resources. NNPC is headquartered in Abuja, Nigeria.
Headquarters
Nigeria
Address
Herbert Macaulay Way, PMB 190, NNPC Towers, Central Business District, Garki, Abuja, 190
Website
www.nnpcgroup.com
Telephone
234 9 46081000
Industry
Energy and Utilities
Revenue (2020)
$9.3B
NNPC Ltd premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Petrochemicals | Retailing |
| Crude Oil | Refining |
| Biofuels | Distribution |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2022 | Contracts/Agreements | In November, the company signed a memorandum of understanding on the transfer, settlement and exit ggreement under which Addax Petroleum exited four Nigeria oil blocks. |
| 2022 | Acquisitions/Mergers/Takeovers | In October, the company acquired Nigeria-based Apapa SPM. |
| 2022 | Acquisitions/Mergers/Takeovers | In October, the company acquired Nigeria-based OVH Energy Marketing. |
Competitor Comparison
| Key Parameters | NNPC Ltd | Nayara Energy Ltd | Oil India Ltd | Petrofac Ltd | Oando Plc |
|---|---|---|---|---|---|
| Headquarters | Nigeria | India | India | United Kingdom | Nigeria |
| City | Abuja | Mumbai | Noida | Saint Helier | Victoria Island |
| State/Province | Abuja | Maharashtra | Uttar Pradesh | Jersey | - |
| No. of Employees | - | - | 6,256 | 7,598 | 145 |
| Entity Type | Private | Private | Public | Public | Public |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Margery C. Okadigbo | Chairman | Executive Board | 2021 | - |
| Mele Kolo Kyari | Chief Executive Officer; Director | Executive Board | 2021 | - |
| Umar I. Ajiya | Director; Chief Financial Officer | Executive Board | 2021 | 57 |
| Hadiza Y. Coomassie | Legal Adviser; Secretary | Senior Management | 2019 | - |
| Aisha Ahmadu-Katagum | Director - Corporate Services | Senior Management | 2021 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
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