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NN
National Oil Company
Integrated
NNPC
Abuja, Nigeria · Established 1977 · Profile updated July 1, 2026
Official website ↗Auditor Executive Assessment
Prepared by the Asian Oil Intelligence Desk · Institutional due-diligence memorandum
Nigerian National Petroleum Company Limited (NNPC) transitioned from a corporation to a limited liability company in 2022, with ambitions to list on the Nigerian Exchange. The company manages Nigeria's 37 billion barrel reserves, partnerships with Shell, ExxonMobil, TotalEnergies, and Eni, and the Dangote refinery offtake relationship.
Production averages 1.5 mbpd but remains below OPEC quota due to pipeline vandalism, theft, and underinvestment. The Petroleum Industry Act (2021) reformed fisca...
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