Nigeria’s total average crude oil production currently stands at 1.18 million barrels per day, which slightly above Angola the current second place African crude oil producer with production stands at 1.12 million barrels per day.  Penultimate to the Nigeria recent position as the leading African Hydrocarbon producer, the country has for long suffered declined in […]

The Nigerian decade of gas initiative has attained another important milestone in an effort to export the abundant resources for effective robust economic value for the country. The recent feat was disclosed at the headquarters of the Economic Community of West African States (ECOWAS) where four significant Memoranda of Understanding related to the Nigeria Morocco […]

The positive effect of passage of the Petroleum Industrial Act (PIA) has started manifesting in the Nigeria Oil and Gas sector especially in the helm of the affairs of the country’s energy company Nigerian National Petroleum Company (NNPCL). The eventual approval by the Nigeria past administration to reposition the nation’s oil firm into a profit […]

Savannah Energy a 80% indirectly owned subsidiary company Accugas, a company that focuses on the marketing, processing, distribution and sale of gas to the domestic Nigerian market has sealed a new Natural Gas Sales and Purchase Agreement (NGSPA) with Amalgamated Oil Company Nigeria (AMOCON) for gas produced in the OML 156 sole risk petroleum lease […]

The PGS Deepwater Niger Delta Depth 2023 project provides unparalleled imaging of complex structure and delivers over 5 000 sq. km of reprocessed PSDM MultiClient 3D data. This depth reprocessing focuses on the northwestern Nigerian offshore, rejuvenating two datasets: the Nigeria MegaSurveyPlus and OPL 314/315/321/323 MC3D. The 2023 Pre-Stack Depth Migration PSDM provides coverage over […]

Africa Oil has taken note on the media disclosure recently made by TotalEnergies in ushering in of the renewal of Oil Mining License (OML) 130 for a period of 20 years which  Africa Oil has an effective 8% interest in asset through its 50% shareholding in Prime Oil & Gas Coöperatief U.A. (Prime). The company […]

The Nigeria targets to increase its hydrocarbon reserves to 50bn barrels are gradually coming to fruition. Barely less than one week to the exit of the current administration of the African second largest crude oil producer, the Nigeria President Mr Muhammadu Buhari has flagged off another crude oil drilling campaign of the Wadi-B Well in […]

 TotalEnergies has recently underlined its current drilling and operational activities projects in the Nigeria oil and gas sector. The company has disclosed these plans during just concluded Nigeria Oil & Gas Opportunities Fair NOGOF organized by the Nigerian Content Development and Monitoring Board NCDMB in Bayelsa State. Making the disclosure at the event is the […]

The Executive Board and Members of the Petroleum Technology Association of Nigeria (PETAN) joins millions of Nigerians and the rest of Africa in lauding the commissioning of the Dangote Refinery, which has brought us closer to becoming the Energy Hub of Africa. It is indeed a remarkable time in our national life, and PETAN is […]

The Nigerian National Petroleum Company Limited, NNPCL, has given kudos to the passage of Petroleum Industrial Act as an enabler that facilitated the  ability of the corporation in clearing the outstanding $3.8 billion joint venture cash-call debts owed to international oil companies, IOCs, operating in the country. Representing the NNPCL’s Executive Vice President, Upstream, Adokiye Tombomieye […]