Production Sharing Contractors (PSCs)

​NAPIMS represents the equity holdings of the Federal Government of Nigeria in the Production Sharing Operations with many Production Sharing Contractors (PSCs). We also supervise the mechanism of funding the Production Sharing Operations through the Cash-Call Process.

Consequently, we enhance the benefits accruing to​ the Federation from its investments in the Upstream Petroleum Industry, through effective cost control and supervision of the Production Sharing Contract (PSC) operations. Our current Production Sharing Contracts are:​

1.         Addax Petroleum Development Nigeria Ltd (APDNL).

2.         Addax Petroleum Exploration Nigeria Ltd (APENL)

3.         Esso Exploration and Production Nigeria Ltd (DeepWater East)

4.         Esso Exploration and Production Nigeria Ltd (Offshore East)

5.         Esso Exploration and Production Nigeria Ltd (DeepWater Ventures)

6.         Esso Exploration and Production Nigeria Ltd (Upstream)

7.         Esso Exploration and Production Nigeria Ltd) (EEPNL)

8.         Total Upstream Petroleum Nigeria. Ltd. (TUPNI)

9.         Star Deep Water Petroleum Ltd (Agbami)

10.       Star Ultra Deep Petroleum Ltd (SUDPL)

11.       Texaco Nig. Outer Shelf (TNOS)

12.       Nigerian Agip Oil Company Limited (NAOC)

13.       Agip Energy and Natural Resources (AENR)

14.       Nigerian Agip Exploration (NAE)

15.       GEC Production Development Company (GPDC)

16.       Enageed Resources Ltd (ERL)

17.       Sahara Petroleum Ltd (SPL)

18.       Essar Exploration & Production Ltd

19.       New Cross Petroleum Ltd (NPL)

20.       Pan Ocean Oil Corp (POOCN)

21.       Sterling Global Oil Resources (SGORL)

22.       Sterling Exploration and Production Limited (SEEPCo)

23.       Nigdel United Oil Company Ltd (NUOC)

24.       Tenoil Petroleum Ltd (TPL)

25.       Transcorp Energy Ltd (TEL)

26.       Chinese National Oil & Development Company (CNODC)

27.       Moni-Pulo Nigeria Ltd (MPL).

28.       Conoil Petroleum Ltd CPL).

29.       Emo E & P Ltd (EEPL)

30.       Gas Transmission & Power Ltd (GTPL).

31.       Oil World Nigeria Ltd (OWNL)

32.       Shell Nigeria Exploration & Production Company Ltd (SNEPCo)


Oil & Gas prices

  • WTI Crude

  • Brent Oil Price

  • Natural Gas Price

Health, Safety & Environment