There are eighteen international oil companies operating in the country. Some
of them are new entrants who have an interest in the deep offshore blocks in
partnership with other operators. The oil majors account for about 99% of
crude oil production in Nigeria. The international oil companies operating in
Nigeria and when they established are:
Shell Petroleum Development Company Ltd
(1937)
Mobil Producing Nigeria
Unlimited
(1955)
Chevron Nigeria
Ltd
(1961)
Texaco Overseas Nig. Petroleum Co. Ltd
(1961)
Elf Petroleum Nigeria
Limited
(1962)
Philip (1964); Pan Ocean Oil
Corporation
(1972)
Bought over Ashland Oil Nigeria
Limited
(1973)
Agip Energy & Natural
Resources
(1979)
Statoil/BP
Alliance
(1992)
Esso Exploration & Production Nig.
Ltd. (1992)
Texaco Outer Shelf Nigeria
Limited
(1992)
Shell Nig. Exploration & Production
Co. (1992)
Total (Nig.) Exploration & Prod. Co.
Ltd. (1992)
Amoco
Corporation
(1992)
Chevron Exploration & Production
Co.
(1992)
Conoco
(1992)
Abacan
(1992) |
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