ABUJA — NNPC Ltd considered more than 50 potential partners before choosing two Chinese firms, Sanjiang Chemical and Xinganchen Industrial Park Operation and Management, to help revamp the Port Harcourt and Warri refineries, Group Chief Executive Bayo Ojulari said at a briefing on the company's 2025 results. He said about 20 companies were shortlisted over nine months and that he visited the firms' facilities in China. A memorandum of understanding was signed in May, but no final agreement has been signed. Ojulari said the company's profit rose to N7.2 trillion in 2025.