Welcome to the website of the Oil Producers Trade Section (OPTS), a subgroup of the Lagos Chamber of Commerce and Industry (LCCI). We are glad to have you here and appreciate your interest in our group.

OPTS is a private industry group that is dedicated to the exploration, development, and production of Nigeria’s oil and gas resources in a sustainable and beneficial manner for the Nigerian people. We represent the interests of approximately 30 oil and gas companies that collectively operate approximately 85% of Nigeria’s oil and gas industry production, in partnership with NNPC Limited and other local and international leaseholders.

OPTS takes pride in its significant contribution to Nigeria’s position as the largest oil producer in Africa and the 8th largest Liquefied Natural Gas producer in the world. We are honored to be able to contribute, along with the wider oil and gas industry, to approximately half of all Nigerian Government revenues and 85% of the country’s foreign exchange.

OPTS members are committed to contributing to Nigeria’s development by ensuring that the country’s energy resources help drive long-term growth and energy security. This commitment is reflected in how we operate—prioritizing safety, adhering to environmental and regulatory standards, and building strong relationships with host communities. We understand that business success is closely intertwined with societal progress. Our goal is to create enduring value not only through energy production but also by supporting local development and national progress.

In line with these values, OPTS members have supported initiatives across education, healthcare, infrastructure, and skills development—helping to create more opportunities for Nigerians and strengthen local capacity. Collectively, members have contributed over $1 billion to community development, $100 million to education, and $70 million to healthcare. Initiatives such as the Marine Accelerator Program, developed with NIMASA and NCDMB, are improving standards in the maritime industry. Over the past decade, our members’ activities have created approximately 600,000 jobs, and we aim to create 300,000 more in the coming years through direct and indirect employment. We also continue to work closely with NCDMB to strengthen Nigerian content and expand local participation, and we remain committed to shaping a globally competitive Nigerian Content ecosystem and developing the capabilities required for a growing industry.

This focus is especially relevant as Nigerian companies take on a growing role in shaping the future of oil and gas in Nigeria. Recent acquisitions of divested assets by indigenous operators reflect an important evolution—broadening participation and deepening local engagement across the value chain. This transition enables our International Oil Company (IOC) members leverage their strength to unlock Nigerian Deepwater resources and attract investment that are critical for the nation’s future. OPTS continues to engage with both longstanding and emerging players to foster collaboration, share expertise, and help unlock future growth and investment. OPTS is actively collaborating with government stakeholders to help ensure the success of this transition—by promoting regulatory clarity, operational efficiency, and fiscal frameworks that support long-term value creation. As part of this, we also work with government to identify and address security challenges—an essential step for Nigeria to reach the full potential of its production capacity.

Our ambition is to help Nigeria’s oil and gas industry reach its full potential—supporting economic growth, strengthening energy security, and creating lasting value for the country. Achieving this will require strong collaboration between operators, regulators, executives, and lawmakers. By working together and drawing on our collective expertise, we can grow production while also advancing new, innovative approaches that improve competitiveness, attract investment, and unlock long-term benefits for Nigeria.