NNPC To Intensify Oil Search In Anambra, Benin, Bida

NNPC To Intensify Oil Search In Anambra, Benin, Bida

The Nigerian National Petroleum Corporation, NNPC, yesterday, said it would reinvigorate crude oil exploration in Anambra, Benin, Bida and four other hydrocarbon basins across the country.

The other four hydrocarbon basins are Niger Delta, Chad, Sokoto and Benue Trough.

The NNPC, in a statement in Abuja, said the renewed oil and gas exploration in these basins was part of strategies to shore up the country’s crude oil and gas reserve base.

Group Managing Director of the NNPC, Mr. Maikanti Baru, who stated this when he received Governor Ibrahim Geidam of Yobe State, in Abuja, also disclosed that modalities were on to open up all the basins in the country to prospective investors.

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