Nigeria's NNPC and joint venture partner Newcross Exploration and Production have resumed output at the Awoba oilfield that ceased operations in February 2022 due to oil theft that curbed exports, the state oil company said on Tuesday. Output has averaged 8,000 barrels per day (bpd) since operations restarted on April 13 and is expected to rise to 12,000 bpd within a month, NNPC spokesperson Olufemi Soneye said in a statement. The Awoba field, which can pump up to 40,000 bpd, is located on oil mining lease (OML) 24, which was previously operated by oil major Shell but was sold to Newcross in 2014. Newcross is one of ... (full story)