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Nigeria

PGS Unveils First Nigeria MegaSurveyPlus of 3D Data Supports Exploration

PGS has unveiled first Nigeria MegaSurveyPlus covering 11 230 sq. km of 3D data and allows a thorough AVO analysis of structural provinces directly linked to the Akata Shale Formation. The MegaSurveyPlus concept revitalizes PGS’ Nigeria MultiClient data library by reprocessing 3D data from field tapes. Modern techniques such as optimized denoising algorithms and a […]

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NNPC Reveals 295 Illegal Pipeline Connections, Arraigns Foreigners For Oil Theft

The Nigerian National Petroleum Company Limited (NNPC), Group Chief Executive Officer, Mele Kyari has disclosed that it has discovered 295 illegal connections of crude oil pipeline via which oil theft is being perpetuated for years on focardos 48” trunk pipeline in Niger Delta.  Mr. Kyari stated this at a Legislative Transparency & Accountability Summit in […]

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Court Of Appeal Strikes Out Nigerian Compensation Appeal Bargain On OPL 245

Eni has expressed its satisfaction with the decision of the Milan Court of Appeal which, confirming in the first degree, rejected the appeal made by the Nigeria Civil Party aimed at obtaining compensation for the procedure on the acquisition of the OPL245 block and required Nigeria to pay legal fees.  An appeals court in Milan, […]

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COP 27: Back Verbal Commitments With Urgent Actions, Buhari Urge World Leaders

Mohammed Abdullahi, Minister of Environment, representing the Nigeria President Mr Muhammadu Buhari in Sharm el-Sheikh, Egypt, at the ongoing 2022 United Nations Climate Change Conference (COP27) has made the call on Monday on the sidelines of the event reiterating urgent actions from particularly developed countries, to tackle the effects of climate change in Africa  “Without […]

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NCDM Lauds Crestech On High Level Of Commitment In Capacity Building, Employment Creation

The Nigerian Content Development and Monitoring Board (NCDMB has commended Crestech Engineering Ltd, a human resources development and engineering company for its full support towards the capacity building and job creation objectives of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act. Mr. Akintunde Adelana, Director, Monitoring and Evaluation NCDMB conveyed the commendation when […]

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Nigeria-Morocco Gas Pipeline Project (NMGP) A Veritable Economic Venture

Recently in the far away Nouakchott, Mauritania, NNPC Limited, the Office National des Hydrocarbures et des Mines (ONHYM) of Morocco, PETROSEN of Senegal and SMH of Mauritania signed four MoU, in furtherance of the implementation of the Nigeria-Morocco Gas Pipeline Project (NMGP).signed the legal documents were the Group Chief Executive Officer of NNPC Limited, Mallam […]

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SAN Leon Provides Update On OZA Field, Nigeria

San Leon Energy, the independent oil and gas production, development and exploration company focused on Nigeria, notes the announcement made on 27 October 2022 by Decklar Resources in Canada.  San Leon has a 11% shareholding in Decklar Petroleum Limited (“DPL”), the local subsidiary of Decklar operating in Nigeria, and has also made a US$5.5 million […]

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San Leon Eye Additional Investment Interest On OML 18, Releases Update On Midwestern And ELI

San Leon, the independent oil and gas production, development and exploration company focused on Nigeria, has disclosed updates in relation to the Proposed MLPL Reorganisation and the Further ELI Investments, details of which were set out in the Company’s AIM Admission Document published on 8 July 2022. New Eroton Debt Facilities In order to acquire […]

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Nigeria LNG Limited: We Are Still In Operation!

Our attention has been brought to media reports, following the issuance of a statement declaring Force Majeure on Monday 17th October 2022, that operations at its facilities have been shut down due to flood. To correct some misinformation on the declaration, we would like to clarify: 1. The Company’s plant is in operation though at […]

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Afrexim Bank Supports Amni International With $600 Million As Reserved Based Deal To Support Energy Transition

Amni International Petroleum Development Company Limited, a Nigerian independent oil and gas exploration and production company and the African Export–Import Bank (Afreximbank) signed a Memorandum of Understanding (MoU) for the provision of a $600 million syndicated reserve based lending facility. The multi million US dollar deal was signed during the just concluded African Energy Week […]

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