Nigeria’s revenue outlook may receive a boost following a major milestone by Nigerian National Petroleum Company Limited (NNPC), which has introduced and exported 950,000 barrels of Cawthorne Blend crude to the global market.
The shipment was lifted from the FSO Cawthorne vessel Nigeria’s first new crude oil terminal in five decades according to a statement by Sahara Group.
The development confirms the launch of a new light sweet crude grade, Cawthorne, under the leadership of NNPC.
“Over the weekend, the first shipment of 950,000 barrels from FSO Cawthorne, Nigeria’s newest oil terminal, was initiated following its licensing and gazetting by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC)”, the statement read.
The offshore facility supports production from OML 18 and nearby oil assets, offering storage and export capabilities.
Reacting, Sahara Group highlighted the strategic importance of the terminal in strengthening Nigeria’s energy infrastructure and improving operational efficiency through advanced technology.
Dr. Tosin Etomi of Asharami Energy described the milestone as a major breakthrough for the sector.
“The successful commencement of crude lifting from FSO Cawthorne is a significant milestone for the OML 18 partnership and a strong demonstration of what can be achieved through shared vision, technical discipline and committed collaboration,” Etomi said.
He added that the project aligns with long-term goals focused on efficiency, local participation, and sustainable production.
“The transition of FSO Cawthorne into active export is consistent with our upstream growth strategy, prioritising operational excellence, indigenous participation and infrastructure capable of sustainably supporting Nigeria’s production ambitions,” he said.
“Our expanding oilfield services capabilities are integral to our upstream vision, enabling smarter operations, improved efficiencies, and responsible resource development,” Etomi said.
“Sustainable social impact interventions and community participation have been key drivers of our upstream success, and we remain committed to aligning our operations with the highest global environmental, social, and governance standards.”
Industry observers say the introduction of the new crude grade could help increase Nigeria’s output and strengthen its position in global oil markets.
