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Nigeria Oil Industry Overview

Drillers

The country’s first field began producing in 1958 at a rate of 5,100 BPD. That was formed in 1977 under the name National Nigeria Petroleum Company. Chevron has stakes in both onshore and offshore fields through a JV with NNPC that has the same percentage distribution as Exxon’s. Exxon comes next: the U.S.

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EPA Proposes Significant Changes to the RMP Rule

The Energy Law

On February 25, 2016, the EPA proposed revisions to its Risk Management Program (RMP) rule. Responding facilities would also have to conduct field and tabletop exercises, at least every 5 years for the former and annually for the latter (except during the year that a field exercise occurs). Click here to see the proposed rule.