• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Wednesday, November 11, 2026
Leadership Newspapers
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
Hausa Edition
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

NNPC Mandates AI Adoption In Upstream To Secure 3mbpd Target

Nse Anthony-Uko by Nse Anthony-Uko
7 months ago
in Business
nnpc 1024x1024 1
Share on WhatsAppShare on FacebookShare on XTelegram

The Nigerian National Petroleum Company Limited (NNPC) is ramping up AI pilots and digital mining of decades-old data to slash costs and propel Nigeria’s upstream sector toward a 3 million barrels per day (bpd) production goal, its group chief executive officer, Bashir Bayo Ojulari said on Thursday.
Speaking at the 26th Oloibiri Lecture Series and Energy Forum, in Abuja, Ojulari, stressed that AI is no longer optional but an “imperative” for leveraging Nigeria’s “data-rich” assets dating back to 1956, including paper-based well logs.
Ojulari, who was represented by NNPC executive vice president, Upstream, Udobong Ntia, said that the national oil firm have committed a lot of resources to digitising data within the industry.

“We’ve spent a lot on digitising data; if we don’t mine it, we’ll lose our most important variable,” he said, announcing plans to scrutinise budgets next year for AI adoption across operators and service providers.
NNPC’s three-stage strategy targets the ambitious output: first, safeguarding existing assets by overhauling maintenance to erase “aged facilities” – a shift Ojulari said was enforced through frequent site visits revealing stark contrasts in upkeep.
Second, fast-tracking near-term growth with alternative financing and risk-sharing for projects like those from top producers such as Chevron, TotalEnergies, and independents.

Third, a portfolio review to unlock value, deepen indigenous participation, and draw fresh capital to marginal fields.
Ojulari lauded the Petroleum Industry Act (PIA) for enabling cash flow stability and commercial orientation, alongside executive orders and regulators like NUPRC’s Oritsemeyiwa Eyesan, who slashed approvals from multiple layers to one. These moves have resolved legacy disputes, advanced stalled final investment decisions (FIDs), and attracted over $24 billion in investments, including recent Bonga Southwest approvals.

With capital “the new battlefield” amid global demand for Nigerian gas – even as Europe seeks fossil fuels – Ojulari called for “predictable, flexible, data-aware” regulation to shorten project cycles and boost competitiveness. “The stars are aligned,” he added, citing midstream and upstream leadership driving a “decade of gas” revival under figures like Eyesan in NUPRC and Saidu Mohammed in NMDPRA along with the NNPC, operating as a commercial energy firm under PIA rather than regulator, positions itself as a bridge between policy and execution, committing to partnerships for efficiency, security, and intelligence in production.

RELATED NEWS

Nigeria Active Drilling Rigs Registers Over 300% Activities

Marketers To FCCPC: Lower Crude Oil Prices Don’t Translate To Lower Petrol Prices

FG Commissions 5 CNG Stations In Lagos To Cut Transport Costs

We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

BREAKING NEWS: Nigerians can invest ₦2.5million on premium domains and earn about ₦17-25Million. Earnings in USD. Rather than wonder, click here to find out how it works

Nse Anthony-Uko

Nse Anthony-Uko

Nse Anthony-Uko is a business and financial journalist with over two decades of experience covering Nigeria's financial system, economy, energy sector, corporate landscape, and global economic developments. Her expertise blends frontline journalism with editorial leadership and a strong grasp of financial market dynamics. She has earned multiple professional recognitions and was selected for the International Visitors Leadership Programme (IVLP) in the United States.

OTHER NEWS UPDATES

One Person Killed And Four Others Missing In Gabon’s Oil Drilling Rig Accident
Business

Nigeria Active Drilling Rigs Registers Over 300% Activities

41 minutes ago
Petrol Import Landing Cost Drops To N1,017/Litre Amid Falling Oil Prices
Business

Marketers To FCCPC: Lower Crude Oil Prices Don’t Translate To Lower Petrol Prices

4 hours ago
Business

FG Commissions 5 CNG Stations In Lagos To Cut Transport Costs

5 hours ago
Next Post
Manchester United Set For Nordic Pre-season Tour

Manchester United Set For Nordic Pre-season Tour

LATEST UPDATE

Makinde Urges Workers To Vote Leaders Who Will Sustain Development

16 minutes ago

Peter Obi: If Elected I‘ll Ensure Nigerians Go To Bed Without Being Hungry

21 minutes ago

Bauchi Health Sector Faces Human Resource, Capacity-Building Challenges – UNICEF

31 minutes ago

Crowd Gathers As Pope Leo Bids Farewell To Argentine Faithfuls

33 minutes ago

ADC Alleges Inducement By APC At Campaign Rallies

35 minutes ago

Kaduna Motorists, Transporters Get Relief As NNPC Mega Station Sells Petrol At N1,329

38 minutes ago

Nigeria Active Drilling Rigs Registers Over 300% Activities

41 minutes ago

Mark-led ADC Faults Court’s Late Release Of CTC, Atiku Alleges Sealing Of Arewa House

50 minutes ago

NECSOB Partners NCTC To Protect Farmers In Borno

55 minutes ago

Kano Court Orders Destruction Of Over 400 Bags Of Spoilt Wheat Flour

58 minutes ago
Load More
Facebook Twitter Instagram Youtube Whatsapp

© 2026 LEADERSHIP Media Group - All Rights Reserved | Hausa | Online Casino | Polskie Kasyno.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2026 LEADERSHIP Media Group - All Rights Reserved | Hausa | Online Casino | Polskie Kasyno.