The Nigeria Upstream Regulatory Commission ( NUPRC)  has unveiled new regulatory policy to all Licence and Lease holders on the requirement for submission of beneficial ownership of all oil and gas well in Nigeria. The recent notification was by the commission boss Engineer Gbenga Komolafe, FNSE via signed directive issued on 26th day of December […]

San Leon, the independent oil and gas production, development and exploration Company focused on Nigeria, has on behalf of Decklar Resources Inc in Canada disclosed an operation update on Oza field.  As announced by San Leon on 20 December 2022, the company is currently in advanced negotiations in respect of the proposed sale of San Leon’s non-core investments in DPL. Part of the text of […]

Century FPSO Front Puffin which is currently undergoing upgrade and refurbishment in SHI-MCI yard in Lagos Nigeria has being slated to mobilize to Kalaekule field. The FPSO Front Puffin which was previously positioned at the operating production asset in OML113 has been sold by Panoro Energy to PetroNor. According to PetroNor, there are two production […]

Shelf Drilling has announced that it has secured a one-year contract for the Trident VIII jack-up rig for operations offshore Nigeria. The rig will complete a short out-of-service project prior to expected contract commencement in Q2 2023 Trident VIII rig is currently located off the coast of Ghana which is believed that the rig have […]

The Nigerian Content Development and Monitoring Board (NCDMB) has charged media stakeholders specially those in energy media to deploy their expertise and tools to boost the nation’s drive towards a gas economy. This clarion call is in reiteration of the Board’s commitment to broader domestic gas utilisation and in deepening of Nigerian content implementation in […]

Sirius, an African focused oil & gas production and development company, announced that approvals previously secured from NNPC regarding commencement of Phase 1 of the OML65 Approved Work Programme (AWP), has been fulfilled by the company including all conditions precedent to drawing funds under the senior loan facility of up to US$200m which was previously executed […]

As part of his line up events after the Practical Nigeria Content 2022 ended up in grand style, the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote on Friday commissioned the secretariat of the Petroleum Technology Association of Nigerian (PETAN) at Trans-Amadi Industrial Area, Port Harcourt, Rivers State. […]

Indigenous operators and service companies in the oil and gas industry have been advised to identify with appropriate Sectoral Working Groups under the Nigerian Content Consultative Forum (NCCF) to be able to receive adequate attention on operational difficulties of whatever nature. The Forum, established to “identify issues and responsibilities, and propose interventions that can address […]

As a deliberate strategy for national development, the federal government of Nigeria had embarked on the Special Economic Zones (SEZ) Scheme in the early 1990s in order to boost export, promote rapid industrialization, create employment, engender technology transfer, and increase access to wealth for Nigerians among other benefits. This initiative led the government in 1992 […]