Nigeria currently experiencing rise in the numbers of offshore rigs operations as Shelf Drilling a shallow water offshore drilling contractor with official base in Nigeria secured a short-term contract for the Adriatic I for operations offshore Nigeria. The company in recent media disclosure said that contract term with undisclosed firm is on period of 90 days […]

There are all indications that the Nigeria AKK gas pipeline project is experiencing a smooth sail in project execution according to plan. This affirmation is in collaboration with recent visit paid by the country NNPC Limited Group CEO, Mr. M K Kyari on an inspection tour of one of the AKK Gas Pipeline project sites […]

The fourth edition of the Nigerian Oil and Gas Opportunity Fair (NOGOF) 2023 will explore emerging opportunities in the oil and gas industry, linkage sectors as well as the entire African continent, the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. SimbiKesiye Wabote announced on Wednesday. He spoke in Abuja in […]

The caveat imposed by the Nigeria Federal Government on acquisition of ExxonMobil shallow oil wells by Seplat Energy is still a source of concerns to stakeholders. But Exxon Mobil and Seplat are still optimistic to get Nigerian government approval to allow the stalled sale of its shallow water oil production operations in the West African country, […]

The Nigeria Sovereign Investment Authority, Nigeria’s sovereign wealth fund, and Vitol have completed a joint venture (“JV”) agreement to invest in a range of carbon avoidance and removals projects and are in the process of reaching a final investment decision on the first projects. An initial US$50 million has been committed, with a view in […]

In a bid to boost confidence in the transparency and continuity of the Nigeria 2022/2023 Deep Offshore Oil block Mini-bid Round process, President Muhammadu Buhari has approved the amendment of the bid round calendar to accommodate the concerns expressed by both local and international investors over the closeness of the schedule to the terminal date […]

San Leon has announced a further update in relation to the proposed transactions with Midwestern Oil & Gas Company Limited and the Company’s further conditional investments in ELI (together the Proposed Transactions),  its current refinancing discussions; and an Energy Link Infrastructure (Malta) Limited (ELI) operational update. Details of the Proposed Transactions were announced by the […]

The quest by the present Nigerian government administration leads by President Muhammadu Buhari to see that crude oil exploration in the Northern region of the country comes to fruition has recently taken positive direction. The recent virtual inauguration of the President for the first oil drilling of the Ebenyi-A Exploration Well located in the Middle Benue […]

San Leon, the independent oil and gas production, development and exploration company focused on Nigeria, announces a further update in relation to: i) its current refinancing discussions and ii) the proposed transactions with Midwestern Oil & Gas Company Limited (“Midwestern”) and the Company’s further conditional investments in ELI (together the “Proposed Transactions”).  Details of the […]

NDEP, Nigeria’s first integrated indigenous energy company has provided this information in recent press release of its unaudited update on trading of the Company for the year ended 31 December 2022.  According to the company’s update, in March 2022, the company has commissioned front-end studies towards the further development of the Ogbele Field. This culminated […]