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Trending News: Sowore’s Lawyer Effiong Writes Meta To Ignore DSS Call On Facebook Ban, Says Tinubu Should Seek Redress In CourtNUPENG Strike: FG’s Peace Meeting with Dangote, Oil Workers Ends in DeadlockKachikwu: FG Must Insulate NNPC, NUPRC, NMDPRA from Political Interference to Restore Confidence in Oil SectorEcobank Seeks Noteholders’ Consent on $875 Million DebtNIM President: No Meaningful Development Can Occur in Chaotic, Insecure AtmosphereAchonu: National Assembly Working on Bill to Legalise Cannabis for Medicinal, Economic PurposesTUC Threatens Nationwide Strike Over 5% Tax on Petroleum ProductsNo Casualties as Thunderstorm Cuts 132kv Otukpo-Nsukka Transmission LineBolaji Abdullahi: We Have Completed our Documentations with INECCVR: Over 3.5m Nigerians Registered in Three WeeksGuber Poll: No Vacancy in Anambra Government House, Says GroupOlu of Warri Intervenes in Itsekiri Graduates’ Tuition BacklogDSS Writes Facebook, Demands Deletion of Disparaging Posts against TinubuAU, EU Urge African Countries to Harmonise Data Protection Governance FrameworksNEITI, CISLAC Partner to Deepen Transparency, Drive Reforms in Nigeria’s Extractive SectorWipe Crocodile Tears, Return Smart Schools’ Money, Enugu Patriots Replies SujimotoBuba Marwa, A Man of Uncommon Grace at 72IN PRAISE OF MU’AZU JAJI SAMBOBlasphemy Killings: One too ManyMINISTRY OF JUDGES WELFARECourt Orders British Airways to Pay Nigerian Passenger N53m Over Lost LuggageEx-NNPC GM Faces U.S. Sentencing Over $2.1m Bribery ConvictionTHUGS, TOUTS, AND THE NIGERIAN SYSTEMEffect of Failure to Raise Objection to a Confessional Statement TimeouslyLagos Judiciary Unveils Guidelines on Non-Custodial Sentencing to Tackle Prison CongestionLG Funds: Osun Objects Hearing of Suit against CBN, Accountant General by Abuja Vacation CourtAbbas, Edun Disagree Over Nigeria’s Rising Debt ProfilePresidency Sacks Tinubu’s AideGroup Chides Sowore Over IGP Attacks, Calls for Ex-IGP Alkali’s ProbeCVR: Over 3.5m Nigerians Registered in Three Weeks, Says INECMiller Williams Appointed As Head Of Publishing At emPawa AfricaOgun is Nigeria’s Top Investment Destination, Abiodun Tells AfCFTA Panel in AlgiersCivil Group Alleges Plot to Undermine EFCC, Destabilise Tinubu’s Anti-corruption AgendaKatsina Gov Confirms Negotiation with Bandits in Frontline LGAsJAMB Panel Uncovers 4,251 Finger Blends, 190 AI Cheats In 2025 UTMEPort Harcourt-Aba Train Service to Resume Operation Tuesday, Says OfficialIOM Unveils €5.1m Project to Foster Peace, Socio-economic Stability in Katsina, ZamfaraNDLEA Smashes Drug Cartel, Arrests 3 Kingpins, Seizes N5.3bn Australia-bound CocaineNAS Demands Increased Funding, Digital Inclusion, Accountability in Education SectorStakeholders Reunite as Adeleke Resolves Ife PDP FeudCourt Halts UNILAG SSANU Election over Leadership CrisisBREAKING: Nigerian Nursing Council Ends Policy Eliminating Students After Three Failed Exam AttemptsNOA, NAFDAC Lead as Consumers Vote  in Value AwardsCollege Principal, Two Others Abducted in NigerYouths Tasked on Active Participation in PoliticsAbeokuta/Sango-Ota/Lagos Road Rehabilitation: A Symbol of Ogun Govt’s Commitment5th Meeting of the Angola-Nigeria Bilateral Joint Commission Holds Tuesday in LuandaCustoms Exempts Imports Within $300 Threshold from Duty PaymentC’ River to Host AfSNET 2026 As Gov Signs Agreement With AfreximbankEcobank Nigeria Set to Host Second Edition of Design & BuildIf Obi Picks ADC Presidential Ticket, It’ll Be Tough for APC, Says UgomuohShettima Pledges Enhanced Military Operations Against TerroristsBishop Okonkwo a National Treasure – Gov Abiodun Payment for Project Implementation: How FG, Contractors Reached Accord Through Kalu’s Diplomatic EffortsBREAKING: Gunmen Kidnap Wife, Daughter Of APC Chairman In KwaraBREAKING: Southern Kaduna Village Attack Survivor Dies, Death Toll Climbs To NineEl-Rufai: There Are Now More Poor Nigerians Than Our 1960 PopulationFG Calls for Truce as NUPENG Vows to Embark on Strike Today Over Dispute with DangoteCardoso: CBN Committed to Economic Stability, Stronger Banks, More Investment InflowsNULGE: AGF Plotting to Preempt S’Court, Set to Pay Osun LG Funds to APC Chairs, Councillors Sacked by CourtATCIS Nigeria Kicks against 100% Hike in Passport FeeRMRDC DG Hails Shea Nuts Ban, Insists Raw Materials Should Not Be Exported Without 30% Value Addition After Six Years, Court Clears First Nation CEO, Odukoya of Fraud AllegationsGas Flaring: Carbon Offset to Address Crime, Violence in N’DeltaMalnutrition: UNICEF Stresses Need for States’ Urgent, Sustained Investment in Child Nutrition, SurvivalTinubu Rejoices with Shettima, Others on Emergence as Fellows of Nigerian Economic Society Expert Warns against Catastrophe in Power Market as Senate Amends Electricity Act 2023 Two Years after Steel Devt’ Ministry Seeks Strengthening of NMDC, Jos to Align with FG’s Mandate United Nigeria, South West Airlines Seal Agreement for Delivery of 6 Boeing B737-800 Olori Atuwatse III Champion African Women’s Conference Towards Empowerment Leadway Holdings Announces Acquisition of PAL PensionsRep. Member Backs Enugu State over Alleged Contract Breach, Urges EFCC to Recover N5.7bn from ContractorBauchi Govt Recommits to Providing Quality, Free Healthcare Services to Pregnant Women, U-5 Children Nigeria Hosts Global Business Mixer Ahead of Global Entrepreneurship Festival in GhanaAzuh Arinze Conferred CIPA FellowshipWho is Afraid Of Yayi?FirstNation: EFCC Yet to Update Website Months After CEO’s AcquittalOramah, Others Reaffirm Commitment to Global AfricaEXCLUSIVE: Inside INEC’s Secret Plot To Manipulate 2027 Elections For Tinubu, APC; Abdulrazak Yusuf Tipped To Replace YakubuBREAKING: Sowore Writes X, Urges Platform To Reject ‘Unlawful’ DSS Request To Delete Post Criticising Tinubu, Warns Against Aiding State RepressionTinubu Rejoices With Shettima, Others On Emergence As Fellows of Nigerian Economic Society DSS Petitions Elon Musk’s X Platform, Demands Deactivation Of Sowore’s Account Over Post Criticising President TinubuPDP Govs, Wike’s Loyalists in Battle Over Chairmanship, Secretary2027: APC Desperately Plotting to Infiltrate Our Ranks, Hijack Our Structures, Labour Party Cries OutGov Alia Laments Killing of 76 Security Personnel in Benue in One Year, Doles out N5m to Deceased’s FamiliesIn Joint Operation, Troops Eliminate over 30 Insurgents in North-east, Recover Weapons from Armed Herders in BenueNLC Backs NUPENG’s Strike as Tanker Drivers Reject Industrial ActionIn Joint Operation, Troops Eliminate over 30 Insurgents in North-east, Recover Weapons from Armed Herders in BenueNEMA Confirms 231 Persons Dead, 607 Injured, 315,762 Affected in 2025 Flood in 86LGAs, 25 StatesAhmad: Tinubu Approved N158bn to Empower 650,000 Youths With Technical, Vocational, Digital SkillsCross River AGN Elects Beatrice Akonjom as ChairmanReturn to Clay Vessels ‘ll Save Nigeria Billions of Naira in Healthcare, Says Varsity DonNOA Intensifies Multi-media Enlightenment Campaigns in EkitiAdeniyi Urges Faster Integration, Outlines Measures to Reposition African ExportersAhead of 45th Anniversary, ESUT Faculty Of Engineering Lists AchievementsCelebrating Behind-the-Scenes Efforts of DSS in Arrest of Ansaru Terrorist LeadersBREAKING: Over 60 Residents, Soldiers Killed In Borno Community In Boko Haram MassacreNorrenberger Awarded Best Workplace in Financial Services-Nigeria 2025 by Great Place to WorkRising Insecurity: Sule Opts for Technological Warfare Food Security: Groups Train Farmers on Organic Farming, Agroecology in Kano
Tue. Sep 9th, 2025

FIRST E&P Eyes 250,000 bpd Oil, 1Bscf/d Gas Production by 2030

Peter Uzoho 

Nigerian independent energy company, FIRST Exploration and Petroleum Development Company Limited has announced plans to increase its oil production to 250,000 barrels per day (bpd) by 2030.

The Ademola Adeyemi-Bero-owned company is also preparing a fully developed midstream gas business and is targeting 1 billion standard cubic feet per day (1bscf/d) of gas processing and supply capacity by the end of the decade.

The General Manager, Exploration and Development, FIRST E&P,  Segun Owalabi, made the announcement during a pre-conference at the Angola Oil & Gas 2025 in Luanda. 

The session sponsored by FIRST E&P, focused on “Unlocking Value in the Shallow Water: From Exploration Success to Cluster-Based Development in Nigeria’s Shallow Waters session.” “We have consistently delivered transformational milestones, driving growth through safety, speed, efficiency and responsibility,” Owalabi stated.

During the presentation, Owalabi highlighted the successful execution of the company’s flagship Anyala and Madu fields in the Niger Delta, which were delivered to first oil within two years of Final Investment Decision (FID).

The post FIRST E&P Eyes 250,000 bpd Oil, 1Bscf/d Gas Production by 2030 appeared first on THISDAYLIVE.

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