NNPC Ltd - Company Profile
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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. It 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. NNPC 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
NNPC Ltd premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Crude Oil | Refining |
| Petrochemicals | Retailing |
| 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 |
|---|---|---|
| 2023 | Contracts/Agreements | In December, the company signed an agreement to acquire a 20% share in a floating LNG project in Nigeria. |
| 2023 | New Products/Services | In November, the company and Aiteo's joint venture launched Nembe Crude Oil Grade. |
| 2023 | Contracts/Agreements | In October, the company entered into an agreement for its decentralization to involve more people in the Niger Delta region. |
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 | - | - | 6,759 | 7,950 | 155 |
| Entity Type | Private | Private | Public | Public | Public |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Pius Akinyelure | Chairman | Executive Board | 2023 | - |
| Mele Kolo Kyari | Director; Chief Executive Officer | Executive Board | 2021 | - |
| Umar I. Ajiya | Chief Financial Officer; Director | Executive Board | 2021 | - |
| Mohammed A. Ahmed | Executive Vice President - Gas, Power & New Energy | Senior Management | - | - |
| Danladi A. Inuwa | Executive Vice President - Business Services | Senior Management | 2022 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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