- Nigeria aims to reach 2 million barrels per day by 2027 through the adoption of technology and collaboration.
- NNPC’s upstream strategy focuses on cleaner, more efficient, and sustainable oil production.
Nigeria is advancing its plan for oil production growth, aiming for two million barrels per day by 2027 and three million by 2030. The Nigerian National Petroleum Company Limited (NNPC Ltd.) says the strategy focuses on innovation, efficiency, and responsible production.
At the 2025 Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC), NNPC’s Executive Vice President for Upstream, Mr Udy Ntia, outlined a new approach. He said Nigeria’s upstream sector is shifting from competition to collaboration. The focus, he explained, is on producing “better oil” cleaner, more efficient, and more profitable.
Ntia stated that NNPC’s growth plan rests on three pillars: technology, co-investment, and decarbonisation. These, he said, will sustain production and meet global environmental standards.
He identified three primary forces reshaping the upstream industry: the global energy transition, rapid technological advancements, and growing market fragmentation. With Artificial Intelligence (AI) and digital tools, NNPC seeks to improve efficiency and maximise value from mature oil fields.
According to Ntia, Nigeria’s oil production growth strategy aligns with the Sustainable Development Goals. Africa contributes less than three per cent of global emissions, yet Nigeria remains committed to responsible decarbonisation without slowing progress.
NNPC and its partners are already executing projects that cut flaring, boost gas monetisation, and expand infrastructure. These include the Nigeria–Morocco Gas Pipeline and new links to northern and western demand centres.
Co-investment, Ntia added, is now central to NNPC’s funding model. It helps make projects bankable and responsive to market changes.
He stressed that partnerships between National and International Oil Companies are essential for progress. “We all share the same goal: sustainability, profitability, and energy security,” he said.
Through this upstream transformation, Nigeria continues to strengthen its position as a responsible and competitive energy producer.