The 25th Anniversary edition of NOG Energy Week 2026 closed with more than US$4.5 billion in deals signed, a statement by the organisers has stated.
The statement said the deal is a record that firmly establishes the event’s role as the platform where the partnerships driving Africa’s energy growth are formed.
It explained that Gas & LNG accounted for the largest share of total value at approximately 39%, followed by Upstream at 31%, Midstream at 16%, Engineering & Technology at 10%, and Downstream at 4%.
The statement added that the NNPC Limited and Seplat Energy Joint Venture signed a 15-year Gas Sale and Purchase Agreement with UTM FLNG Limited to supply 200 million standard cubic feet of gas per day, positioning Nigeria’s first floating LNG project for a Final Investment Decision in the fourth quarter of 2026.
“ExxonMobil affiliate Esso Exploration and Production Nigeria, with partners Chevron, TotalEnergies and Nexen, announced a US$1 billion investment commitment to the Usan Infill Project, a fast-track deepwater development expected to add 40,000 barrels per day to Nigeria’s output, marking the company’s first major drilling campaign in Nigeria since 2016,” the statement added.
It stated that during the week, NNPC Limited also signed a Memorandum of Understanding (MoU) with Ajaokuta Steel Company Limited (ASCL), a Gas Sale and Aggregation Agreement with Ajaokuta Steel Company Limited, and Network Entry Agreements with Chevron Nigeria Limited, AGPC and NNPC Exploration & Production Limited (NEPL).
Speaking at the signing ceremonies, Engr. Bashir Bayo Ojulari, GCEO, NNPC Limited, stated: “What we are witnessing today is not just about signing agreements. It is about igniting the engine of Nigeria’s industrialisation.”
Sen. Heineken Lokpobiri, Minister of State for Petroleum Resources (Oil), thanked the visionaries who, 25 years ago, conceived the idea that Nigeria’s energy story deserved an identity of its own which gave birth to the NOG Energy Week.