NNPC Collaborates with US and Deloitte to Meet Net-zero Targets

  • NNPC plans to achieve net-zero goals by reducing methane emissions and other greenhouse gases from its upstream operations.
  • The project was the focus of a three-day technical assistance on the oil and gas sector global methane abatement and decarbonisation workshop.

The Nigerian National Petroleum Company (NNPC) Limited, on Thursday, said it was working in collaboration with the United States Department of States and international management consultancy firm, Deloitte, to meet its net-zero carbon goals. According to NNPC, it plans to achieve this by embarking on a project to reduce the emission of methane and other greenhouse gases from its upstream operations. This step is part of Nigeria’s actions to tackle climate change, including the Climate Change Act passed in 2021.

In a statement issued on Monday, the company stated that the project, which is at its conceptual stage, was the focus of a three-day technical assistance on oil and gas sector global methane abatement and decarbonisation workshop, which kicked off at the PTDF Tower in Abuja on Monday. It said the workshop, which was a follow-up to an earlier seminar held in July 2023, was, among other things, aimed at defining the critical success elements of the project. Furthermore, NNPC said the United States Department of State Bureau of Energy Resources, Energy and Mineral Governance Programme sponsored the project.

NNPC noted, “Some of the critical elements of the project tabled at the workshop include determining the scope of the project, establishing a baseline for methane and carbon emissions from the selected operation sites, collecting relevant data on the chosen sites and helping the Deloitte consultants to understand the operations and expectations of NNPC.

“Participants at the workshop unanimously selected OML 34, located onshore in the Western Niger Delta, which has the Utorogu and Ughelli Fields as the operation site for the pilot stage of the project. Participants at the workshop included relevant NNPC subsidiaries and departments such as exploration & production, new energy, gas infrastructure, health, safety, and environment, as well as Federal Government agencies like the National Council on Climate Change.”

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