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[PHOTO NEWS] ADIPEC 2026: NNPC’s Ntia Calls for Resilience Against Market Stress The Executive Vice President, Upstream, NNPC Limited, Mr. Udy Ntia, on Tuesday called on upstream operators to build resilience into every stage of their business in response to political and market pressures facing the oil and gas industry. Ntia made the call at a strategic panel titled “Upstream Portfolio Resilience: Designing for Political and Market Stress" at the ongoing 2026 Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) in Abu Dhabi, UAE. In achieving that, Ntia said the industry requires the use of technology in operations, stable production, the right people assigned to the right work, and a secure route for crude oil to reach international markets. According to him, NNPC Limited protects its revenue in the short term while investing in facilities and infrastructure over the long term, including dedicated investment in standby capacity as a safeguard against operational risk. He added that clear direction, proper resourcing, sound governance and increased investment have strengthened the performance of NNPC Limited, while stable costs and improved regulatory frameworks have placed Nigeria in a better position to work with international oil companies and independent producers. The panel was moderated by Mr. Simon Flowers, Chairman and Chief Analyst, Wood Mackenzie, and also featured Mr. Gordon Birrell, Executive Vice President, Upstream, bp, and Mr. Hunter L. Hunt, Chief Executive Officer, Hunt Energy Holdings. #ADIPEC2026 #EnergyForToday #EnergyForTomorrow

[PHOTO NEWS] Upstream Consolidation Must Deliver Profitable Growth, NNPC’s Asaolu Tells Industry Leaders at ADIPEC 2026 The Managing Director of NNPC 18, a subsidiary of the Nigerian National Petroleum Company Limited (NNPC Ltd), Ibiyemi Asaolu, on Tuesday said upstream consolidation should be pursued where it creates value and supports profitable growth, cautioning that any increase in scale must be matched by a clear understanding of risks and exposures that come with it. Asaolu made the remarks during a strategic panel titled “Upstream consolidation: competitive advantage and the limits of scale" at the ongoing 2026 Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) in Abu Dhabi, UAE. In her remarks, Asaolu explained that consolidation is most effective between companies that share common ground and aligned business plans, with stakeholders united behind the same vision and a sound fit between the cultures of the organisations involved. Drawing on the experience of NNPC 18, she disclosed that the company has increased its production over the past 12 months through close attention to its operations, an expanded security arrangement for its assets and appraisal work extending into deeper horizons. Asaolu, who observed that capital is finite, noted that companies must rationalise their portfolios, close out underperforming projects and direct investment towards their largest prospects. The panel was moderated by Ms. Olivia Kinghorst, International MC / Moderator, and also featured Dr. Ranjit Rath, Chairman and Managing Director, Oil India Limited. #ADIPEC2026 #EnergyForToday #EnergyForTomorrow

[PHOTO NEWS] ADIPEC 2026: NNPC Showcases Machine Learning Research to Reduce Exploration Uncertainty in Frontier Basins NNPC Limited, on Tuesday, presented a technical paper at the SPE Technical Programme of the ongoing 2026 Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) on the use of machine learning to assess the oil and gas potential of source rocks in frontier basins. The paper, titled “Petroleum Target Explorer (PTX-AIM): A Rigorously Validated Machine Learning Framework for TOC Prediction in Frontier Basins: A Case Study from the Kolmani River-2 Well, Gongola Basin, Upper Benue Trough, Nigeria,” was presented by Dr. Fodio Longman, Research Fellow, NNPC Research, Technology & Innovation (NNPC RTI), and co-authored with Husaini Balarabe and Ifeanyichukwu Edeh, both of NNPC RTI. Dr. Longman explained that the estimation of Total Organic Carbon (TOC), the principal measure of how rich a source rock is in the organic matter that generates oil and gas, is difficult in frontier basins because laboratory measurements are scarce and conventional log-based methods are affected by geological variation and the quality of available data. Commenting on the presentation, the Chief Innovation Officer, NNPC RTI, Rasheed Ojulari, said the paper reflects the growing research capability of NNPC RTI and its application of machine learning to petroleum system analysis in frontier basins, in support of efforts to grow Nigeria’s hydrocarbon reserves at lower cost. #ADIPEC2026 #EnergyForToday #EnergyForTomorrow