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 […]

The global expert in onshore seismic acquisition technology and solutions, STRYDE, has been awarded a contract worth over $1 million for the supply of 10,000 seismic receiver nodes and its “Nimble” node receiver system in Nigeria. STRYDE’s seismic sensor technology will be utilised on an upcoming 3D seismic survey conducted by Nigerian geoscience solutions provider, […]

Shelf Drilling has four jack-up rigs currently engaged in Nigerian offshore operations, and about three in the African region. Trident VIII secured a one-year contract with an undisclosed operator in Nigeria, expected to commence May 2023 upon completion of its current contract and a contract preparation project.  Shelf Drilling Scepter secured a two-year contract plus […]