Nnpc begins exploration oil benue trough
It seems like you're referring to a recent development in the oil and gas industry in Nigeria. Here's a summary of the news:
NNPC begins exploration of oil in Benue Trough
The Nigerian National Petroleum Corporation (NNPC) has announced the commencement of exploration activities in the Benue Trough, a sedimentary basin in Nigeria. The Benue Trough is a potential oil-rich region, and the exploration exercise is aimed at identifying and appraising the hydrocarbon potential of the area.
According to reports, the exploration program will involve the acquisition of 3D seismic data, drilling of exploration wells, and other geological and geophysical surveys. The exercise is expected to take several months to complete, and the results will determine the viability of the area for oil production.
The Benue Trough is considered a promising region for oil exploration due to its geological similarities with other oil-producing basins in Nigeria, such as the Niger Delta. The region has been identified as a potential source of new oil discoveries, which could help to increase Nigeria's oil production capacity and reduce its reliance on imported petroleum products.
The NNPC has partnered with several international oil companies, including Shell, ExxonMobil, and Total, to undertake the exploration program. The corporation has also engaged local contractors and service providers to support the exercise.
The exploration of the Benue Trough is seen as a significant development in Nigeria's oil and gas sector, as it has the potential to create new job opportunities, stimulate economic growth, and increase the country's oil production capacity.