In line with the Nigeria unequivocal objective, utmost aspiration and commitment in ramping up her crude oil production towards a robust economic infrastructural development, the Minister of State for Petroleum Dr. Heineken Lokpobiri has restated optimism towards the country’s efforts to increase her crude oil production level in 2024 drilling campaign reason. In a recent […]
Hopes of new projects that would revitalize the Nigerian oil and gas industry and grow local content appear close to realization as the Managing Director and Country ChairTotalEnergies E&P Nigeria Limited, Mr. Matthieu Bouyerreconfirmed on Thursday that the company would take the final investment decision (FID) on the Ubeta gas project in 2024, while some other […]
BW Energy, the operator of the Dussafu Marine licence in Gabon and the Golfinho cluster offshore Brazil said that the gross production from the operated assets stood at 3,031,000 barrels of oil in the fourth quarter of 2023. This includes production from the Tortue and Hibiscus fields in the Dussafu licence (73.5% working interest) and the […]
Aminex PLC, the oil and gas exploration and production company focused on Tanzania, has announced that a gas sales agreement (GSA) for the sale of gas from the Ntorya location was signed on January 12, 2023 by the Company’s subsidiary, Ndovu Resources Limited, together with the operator, ARA Petroleum Tanzania Limited (APT) and the Tanzania […]
Afreximbank has announced an initial disbursement of US$2.25 billion under a syndicated US$3.3 billion Crude Oil Prepayment Facility as sponsored by the Nigerian National Petroleum Company Limited. The participation of global, international and regional syndication firms is a further testament to the lending market’s appetite for financing sponsored by NNPCL and signifies solid market confidence […]
Nigerian owned Africa largest Refinery, The Dangote oil refinery has announced on January 12, 2024 the resumption of crude oil refining operation of the Plant. According to information as disclosed by the company via its X handle formerly Twitter that the Refinery Plant has begun production of diesel and aviation fuel. “Dangote Petroleum Refinery has […]
PGS has added over 4 200 sq. km of 3D data to its regional MegaSurvey dataset over Block 33 in the deepwater Lower Congo Basin. The additional 4 238 sq. km of 3D data released by PGS in partnership with ANPG covers open acreage that is available for direct award from ANPG through its Permanent […]
Galp and its partners NAMCOR and Custos has drilled and logged the first exploration well (Mopane-1X) in block PEL83, offshore Namibia. Mopane-1X which is located at the southern end of PEL 83 is merely 30km away from Shell’s unsuccessful, high-risk Cullinan-1X probe. Shell has previously announced in its September last year report that Cullinan probe […]
Libya’s National Oil Corporation NOC said in a statement released on Sunday that the Sharara oilfield has suspended crude oil supplies to Zawiya terminal. According to NOC a force majeure was declared with immediate effect at its Sharara oilfield due to protests in the area. The Sharara oil field is capable of producing more than […]
Ocean Installer, in consortium with Oceaneering, has been awarded a significant contract from TotalEnergies Angola and its Partners of Block 17 to execute the transportation and installation work of GIR FLEX project [1]. The project is part of the operator’s program to extend the life of the FPSO, which has been producing since 2001, to 2031. Ocean […]
