1. INTRODUCTION: Nigerian National Petroleum Corporation (NNPC) is empowered pursuant by the NNPC Act (LFN Cap. 320) to engage in all commercial activities relating to Petroleum Operations. In compliance with the Public Procurement Act 2007 and NNPC’s Policy and Procedures, NNPC intends to engage qualified and credible companies in a Direct Sale of Crude Oil […]
TG-GEOPARTNERS has announced the signing of an agreement with the Petroleum Commission of Ghana to conduct a major Multi-Client 3D Geophysical Survey in the Keta Basin, offshore Ghana. The project is expected to comprise of the acquisition of 14,000 sq. km of 3D long-offset broadband Multi-Client seismic over open Blocks that will be available for […]
Africa Oil Corp a Canadian oil and gas company with producing and development assets in deepwater Nigeria; development assets in Kenya; and an exploration/appraisal portfolio in Africa and Guyana has concluded the drill stem test results for the Luiperd-1X well, the second major discovery on Block 11B/12B offshore South Africa. The Company holds an indirect interest in the project as a result of […]
Africa Oil Corp has announced that the Company and its Joint Venture partners have received extensions to their 10BB/13T blocks exploration licences in Kenya to the end of 2021. This follows the approval of the work programme and budget for next year by the Ministry of Mines and Petroleum. The licence extensions will allow the Joint Venture […]
Global Petroleum Limited is pleased to announce the following update: Regarding its licence PEL0094 (Block 2011A), the Company recently purchased historic 2D seismic data in order to improve interpretation of its Marula prospect in the western part of Block 2011A. Separately, Global has also acquired 2D seismic data over the relatively underexplored eastern part of […]
Woodside Energy (Senegal) B.V has exercised its pre-emptive right to acquire FAR’s interest in the Senegal RSSD Project. Such pre-emption is on the same terms and conditions as the proposed sale to ONGC Videsh Vankoreft Pte Ltd (“ONGC”) announced on 11 November 2020. FAR shareholders are due to consider authorising a sale of the Senegal […]
Nigeria’s state oil company Nigerian National Petroleum Corporation has established bids for contractors and investors perform rehabilitating and engineering job in a revamp of the nation Port Harcourt refinery. The Port Harcourt Refinery is made up of two refineries located at Alesa-Eleme, Rivers State. The old refinery has a refining name plate capacity of 60,000 barrels per day and was commissioned in 1965, […]
These agreements, which are in line with the ones finalized last February and take into account the evolution of the energy scenario, allow to reinforce Eni’s strategic objectives in terms of growth of its LNG portfolio, in particular in Egypt, where the Company is the main gas producer, and are of primary importance for all […]
United Oil & Gas PLC, the growing oil and gas company with a portfolio of production, development, exploration and appraisal assets offers an update on the Abu Sennan Licence in Egypt (United 22% working interest), including the signing of the rig contract for the ASH-3 well. The EDC-50 rig has a history of successful drilling in the Western Desert. […]
The Supreme Court’s affirmation of Rivers State Government’s acquisition of 45 per cent equity stake in Oil Mining Lease (OML) 11 and Kidney Island in Port Harcourt has brought smiles on the faces of officials of the state government. The Rivers State Government acquisition of OML 11 and Kidney Island was affirmed by the apex […]
