Nigeria hope of increasing its crude oil production has be rekindled following recent announcement from TotalEnergies of resumption of first crude oil production from Ikike field. TotalEnergies, OML99 operator (40%) in partnership with the Nigerian National Petroleum Corporation (NNPC, 60%), has announced the start of production from the Ikike field, in Nigeria via its press […]

Sequeal to the recent repositioning and unveiling of Nigerian state owned oil company to profit oriented company by the country President Mohammadu Buhari, The Nigerian National Petroleum Corporation has through the Group Managing Director Mele  Kyari proclaimed the company moving forward plan to announce the imminent launching of the NNPC Ltd initial public offering (IPO) […]

Eni is pleased to learn the Prosecutor-General’s Office dropped its appeal before the Second Section of the Court of Appeal of Milan on the OPL 245 matter, waiving the case. The Court acknowledged the waiver that ends the unmotivated and disconcerting criminal court case related to the OPL 245 concession in Nigeria. The waiver means […]

Tullow Oil plc an exploration and production (E&P) company with focused on Africa and operational interest in interests in two exploration – Jubilee and Ten – licences offshore Ghana has issued an update and guidance in advance of the Group’s 2022 Half Year Results scheduled for 14 September 2022. Merger with Capricorn Energy On 1 June […]

Panoro Energy ASA has announced it has completed the sale of its fully owned subsidiaries Pan-Petroleum Services Holdings BV and Pan-Petroleum Nigeria Holding BV (together referred to as “Divested Subsidiaries”) to PetroNor E&P ASA for an upfront consideration of USD 10 million plus a contingent consideration of up to USD 16.67 million based on future […]

Nigerian National Petroleum Corporation NNPC has won a court decision temporarily blocking Exxon Mobil Corp. from selling assets in the country to Seplat Energy Plc. The recent judgment was upheld by the presiding judge in the capital, Abuja, granting  the Nigerian National Petroleum Co. an “order of interim injunction” on July 6 barring Exxon “from completing any divestment” in a […]

The issue of incessant Crude oil pipelines vandalizing in Nigeria took a center stage at the just concluded Nigeria Oil & Gas Conference and Exhibition 2022.This ugly trend has posed huge economic loss to the African largest crude oil producer. One of the country’s major exploration and production companies Shell via its country head Mr Oagie […]

San Leon, the independent oil and gas production, development and exploration company focused on Nigeria, is pleased to announce its audited final results for the year ended 31 December 2021.  The full annual report for the year to 31 December 2021 is available on the Company’s website (www.sanleonenergy.com) and will be posted to shareholders in […]

Sequel to the Company’s previous announcement made on 3 May 2022, San Leon, the independent oil and gas Production, Development and Exploration Company focused on Nigeria, has provided operational update on the Oza oil field in Nigeria. This latest disclosure is in respect of its potential follow-on investment in producing oilfield.  On 3 May 2022, […]

Savannah Energy  has said that Accugas, the Company’s 80% indirectly owned subsidiary, has commenced gas sales to Central Horizon Gas Company Limited (CHGC), a subsidiary of Axxela, and a major gas distribution company situated in the South-South region of Nigeria. In February 2022, Savannah signed an interruptible gas sales agreement (GSA) with CHGC to supply […]