Nigeria to Boost Oil Production by 40,000 Bpd as New Field Starts Up

Nigeria has launched oil production from a new field in the Niger Delta region, which is expected to raise crude output at Africa’s top oil producer by 40,000 barrels per day (bpd) by the end of May. The upstream subsidiary of Nigerian national oil company, NNPC Exploration and Production Limited, and Natural Oilfield Services Ltd (NOSL), a subsidiary of Sterling Oil Exploration & Energy Production Company Ltd (SEEPCO), announced on Sunday the successful start of oil production at Oil Mining Lease (OML) 13 in Akwa Ibom State,…