CERAWeek: NNPC Ltd.’s Kyari Meets IOC Chiefs, lauds President Tinubu’s EO Promoting Oil, Gas Investment in Nigeria

March 20, 2024

On the sidelines of the ongoing CERAWeek 2024 Conference taking place in Houston, United States, GCEO of NNPC Ltd., Mr. Mele Kyari, on Wednesday held an engagement with the leadership of International Oil Companies (IOCs) operating in Nigeria.

During the meeting, Kyari expressed gratitude to President Bola Ahmed Tinubu for the Presidential Executive Order on Oil & Gas aimed at fostering investment in the Oil & Gas Industry and positioning Nigeria as the preferred investment destination for the sector in Africa.

The partners collectively acknowledged the Executive Order’s significance and the substantial value it has brought to the sector.

It will be recalled that on March 6th, 2024, President Tinubu executed Policy Directives aimed at not only enhancing the investment climate in Nigeria, but also positioning Nigeria as the premier investment destination for the oil & gas sector in Africa.

Notable partners present at the engagement included Shane Harris, Chairman/MD, ExxonMobil; Fabrizio Bolondi, Vice Chairman/MD, ENI; Jim Swartz, Vice President, Capital Projects, Chevron; Rick Kennedy, Chevron; Osagie Okunbor, MD, SPDC and Chairman of Shell Companies in Nigeria; and Matthieu Bouyer, MD/CEO, TotalEnergies Upstream Companies in Nigeria.

Also in attendance during the meeting were Mrs. Oritsemeyiwa Eyesan, EVP Upstream, NNPC Ltd., and Bala Wunti, Chief Upstream Investment Officer, NNPC Ltd.