NNPC Ltd. Clinches Best Fully Integrated Energy Company of the Year 2024 Award

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has been honored as the Best Fully Integrated Energy Company of the Year 2024 at the prestigious Nigeria International Energy Summit (NIES) held in Abuja. The award recognizes NNPC Ltd.’s outstanding contributions to the energy sector and its commitment to driving innovation, sustainability, and growth in Nigeria’s oil and gas industry.

The accolade was received on behalf of the company by Mr. Olalekan Ogunleye, Executive Vice President of Gas, Power, and New Energy, and Mr. Danladi Inuwa, Executive Vice President of Business Services. They were accompanied by Mr. Olufemi Soneye, Chief Corporate Communications Officer, during the award ceremony.

A Testament to Excellence

The Best Fully Integrated Energy Company of the Year award underscores NNPC Ltd.’s transformation into a fully integrated energy company, diversifying its operations beyond oil and gas to include renewable energy, power generation, and other innovative energy solutions. The company’s strategic initiatives have positioned it as a key player in Nigeria’s energy transition and a leader in the global energy landscape.

Mr. Olalekan Ogunleye, while receiving the award, expressed gratitude on behalf of NNPC Ltd. and dedicated the recognition to the company’s employees, partners, and stakeholders. “This award is a testament to the hard work, dedication, and innovation of everyone at NNPC Ltd. It reflects our commitment to delivering value to Nigeria and the global energy market. We remain focused on driving sustainable growth and ensuring energy security for our nation,” he said.

NNPC Ltd.’s Transformational Journey

NNPC Ltd. has undergone significant transformation in recent years, transitioning from a state-owned corporation to a commercially driven energy company. The company has expanded its operations to include gas development, power generation, and renewable energy projects, aligning with global trends and Nigeria’s energy transition goals.

Key achievements that contributed to the award include:

• Gas Infrastructure Development: NNPC Ltd. has made significant strides in expanding Nigeria’s gas infrastructure, including the Ajaokuta-Kaduna-Kano (AKK) gas pipeline project, which aims to boost domestic gas utilization and industrial growth.
• Renewable Energy Initiatives: The company has invested in renewable energy projects, including solar and wind power, to diversify Nigeria’s energy mix and reduce carbon emissions.
• Strategic Partnerships: NNPC Ltd. has forged partnerships with international energy companies and local stakeholders to drive innovation and investment in the energy sector.
• Commitment to Sustainability: The company has implemented initiatives to reduce its environmental footprint and promote sustainable practices across its operations.

Recognition at the Nigeria International Energy Summit

The Nigeria International Energy Summit (NIES) is one of the most prestigious events in the African energy calendar, bringing together industry leaders, policymakers, and stakeholders to discuss trends, challenges, and opportunities in the energy sector. The Best Fully Integrated Energy Company of the Year award is one of the summit’s most coveted honors, recognizing companies that demonstrate excellence, innovation, and leadership in the energy industry.

A Vision for the Future

NNPC Ltd.’s recognition as the Best Fully Integrated Energy Company of the Year reflects its vision to become a global energy powerhouse. The company remains committed to driving Nigeria.