A delegation from the Nigerian Content Development and Monitoring Board (NCDMB) on Wednesday visited MT Valves West Africa Free Zone at Lekki Free Zone, Lagos, to assess the firm’s operations and plans to invest in 15,000 tons per year valves manufacturing facility. The company is a subsidiary of MT Group, a global manufacturer of industrial […]

bp has confirmed the preliminary results of the Capricornus 1-X exploration well in Namibia’s Orange Basin, as reported by operator Rhino Resources. Petroleum Exploration License 85, where the well was drilled, is operated by Rhino Resources with a working interest of 42.5%. The Capricornus 1-X well, spudded on 17 February using the Noble Venturer drillship, reached total depth on 2 April, […]

Gabon oil is set to witness uptick in crude production following the recent discovery made by BW Energy disclosing that the second sidetrack DBM-1 ST2 well has confirmed substantial oil discovery with good reservoir and fluid quality of the Bourdon prospect in the Dussafu Licence offshore Gabon as announced on 7 March 2025. According to […]

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), through its Exploration and Acreage Management Department, convened an industry wide stakeholder meeting to advance its Deep Play Exploration Drilling initiative. Aimed at proposing an incentive based framework, the meeting seeks to encourage deeper hydrocarbon exploration efforts in a bid to unlock untapped reserves and support Nigeria’s national […]

…through the integration of advanced technologies, robust policy implementation, and resilient supply chain strategies. The Society of Petroleum Engineers (SPE) Nigeria Council has called for technology, policy, and supply chain optimization in energy sector. In her welcome address at the Oloibiri Lecture Series and Energy Forum (OLEF 2025) held in Abuja, the Chairman of SPE […]

Reconnaissance Energy Africa has signed an agreement for a joint exploration project in Angola with the Agência Nacional de Petróleo, Gás e Biocombustíveis or National Oil, Gas and Biofuels Agency (ANPG).ReconAfrica has entered into a Memorandum of Understanding (“MOU”) with ANPG for a joint exploration project in the Etosha-Okavango basin, located onshore in southeastern Angola. […]

…Pledges to Build an “NNPC that’ll be the Pride of Nigerians” A few days after assuming duties as the new Group Chief Executive Officer of the NNPC Ltd., Mr. Bashir Bayo Ojulari has met the staff of the Company, with a vow to pursue the company’s bold ambitions and build an NNPC that will be […]

bp has safely loaded the first cargo of liquefied natural gas (LNG) for export from its GTA Phase 1 project offshore Mauritania and Senegal. This follows flow of first gas from the project, announced earlier this year. This first cargo of LNG at GTA is the third upstream major project start-up of the year for […]

Grand Gulf Energy has entered into a binding Option Agreement, providing Grand Gulf with an exclusive option to acquire 100% of Wrangel Pty Ltd (Wrangel). Wrangel is an applicant for a 70% working interest (WI) in a Petroleum Exploration Licence (PEL) over Block 2312 in the Walvis Basin, offshore Namibia. The application is in partnership […]

…..Ojulari Pledges Strategic Collaboration to Deliver Presidential Mandate The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd.), Mr. Bashir Bayo Ojulari, has reaffirmed his commitment to forging strong and effective partnerships with key stakeholders to successfully deliver on the strategic mandate entrusted to him by His Excellency, President Bola Ahmed […]