Supporting Local Expertise to Boost Nigeria’s Crude Oil Production: Lokpobiri Highlights Progress at Lagos FPSO Facility
The Minister of State for Petroleum Resources, Senator Heineken Lokpobiri, has emphasized the critical role of strengthening local capabilities in driving an increase in Nigeria’s crude oil production. During a recent inspection of the Floating Production Storage and Offloading (FPSO) facility in Lagos, he highlighted that partnerships and local expertise are essential to achieving the nation’s ambitious production targets.
The FPSO facility, a joint venture between NNPC Limited and Century Nigeria Limited, with support from WAEP and ENSERV, is expected to boost Nigeria’s oil output by 40,000 barrels per day. Senator Lokpobiri praised the project’s progress, noting that it aligns with President Bola Tinubu’s directive to exceed current production quotas.
“This facility is a clear example of how partnerships can enhance both local expertise and national output, aligning perfectly with our goal of significantly increasing oil production beyond current quota as directed by President Bola Ahmed Tinubu,” Lokpobiri stated in a message shared on X (formerly Twitter).
Mr. Ken Etete, Group Chairman of Century Group, assured that the facility’s upgrades are on schedule, with completion anticipated by the first quarter of next year.
The project marks a significant step in Nigeria’s efforts to strengthen its energy infrastructure and reinforce its position in the global oil market. Senator Lokpobiri concluded by reaffirming the government’s support for initiatives that promote local expertise and boost production capacity.
“This project demonstrates the kind of commitment and collaboration needed to strengthen our energy sector, and we remain supportive of similar efforts to further enhance our production capacity,” he added.
