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Service Overview
Nigeria Agip Oil Company
402
Mile 4, Ikwere Road, Agip Estate, Ada George, Port Harcourt, Rivers, Nigeria
Sun, Dec 15, 2019 8:47 PM
Nigerian Agip Oil Company (NAOC) operates in the land and swamp areas of th... Read more
Nigerian Agip Oil Company (NAOC) operates in the land and swamp areas of the Niger Delta, under a joint venture agreement with NNPC (60%), NAOC (20%), and Oando (20%), with concessions lying within Bayelsa, Delta, Imo and Rivers States.
The concession covers a total area of 5,313sq.km comprising four blocks - OML 60, 61, 62 & 63.
NAOC is also the operator of two onshore exploration leases, namely OPL 282 (90% interest) in the Swamp and OPL 135 (48% interest) in the Land area.
NAOC also holds 5% participating interest in SPDC JV with NNPC (55%), The Shell Petroleum Development Company (SPDC) (30%), and Total E&P Nigeria (TEPNG) (10%), with SPDC as operator of the joint venture.
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