Amni International Petroleum Development Company Limited, a Nigerian independent oil and gas exploration and production company and the African Export–Import Bank (Afreximbank) signed a Memorandum of Understanding (MoU) for the provision of a $600 million syndicated reserve based lending facility. The multi million US dollar deal was signed during the just concluded African Energy Week […]
The outstanding performance by Engr. Simbi Kesiye Wabote as the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB) is set to be recognised and celebrated again as he has been nominated for the “Distinguished Capacity Development Award” at the forthcoming Nigeria Excellence in Public Service Awards, to be conferred by President Muhammadu […]
The Shell Petroleum Development Company of Nigeria Limited has disclosed that the Forcados Oil Terminal will resume export operations by the end of October. Media Relations Manager, SPDC, Abimbola Essien-Nelson, said the oil export at the terminal will resume when ongoing essential repairs would have been completed. According to Essien-Nelson, the active illegal connections to […]
Following to the astonishing discovering of 4Km illegal crude oil siphoning Trans- Excravos crude oil transporting pipeline by Tantita Security Company own by Government Ekpemupolo popularly known as Tom Polo, the Group General Manager, National Petroleum Investment Management Services (NAPIMS) of the Nigerian National Petroleum Company (NNPC) Limited, Bala Wunti, said works are ongoing to […]
Decklar Resources Inc. has provided an update on operational activities relating to the transportation and export of crude oil produced from the Oza Oil Field in Nigeria. Decklar and its co-venturer Millenium Oil & Gas Company Limited (“Millenium”) are pleased to announce that the 7,800 barrels of crude oil (“bbls”) previously delivered to the Umugini […]
San Leon, the independent oil and gas production, development and exploration company focused on Nigeria, has announced an operational update in relation to its forthcoming Proposed MLPL Reorganisation and the Further ELI Investments, as defined in the Company’s AIM Admission Document published on 8 July 2022 (the Admission Document). On 8 July 2022 the Company announced that […]
The ceaseless proceeds of Nigeria Local Content initiative will continue to radiate smiles on the faces of most captains of Nigeria oil and gas sector. This time around its coming from the 2,000tonnes Conductor Supported Platform, fabricated by Dorman Long Engineering Limited a 100% indigenous local content participatory project. The platform which was loaded out for the […]
Savannah Energy, a leading African‑focused British independent energy company · Supplying Gas To Enable Over 10% Of Nigeria’s Thermal Power Generation has announced that the Company’s 80% indirectly owned subsidiary, Accugas Limited, has entered into a new gas sales agreement (GSA) with Notore Chemical Industries. Accugas will supply Notore with up to 10 MMscfpd of […]
ADM Energy, a natural resources investing company, has announced the completion of the 17th Lifting at the Aje Field, part of OML 113 offshore Nigeria. The Lifting totalled 94,187 barrels with a net share of 8,683 barrels to ADM, which equates to ADM’s profit interest of approximately 9.2%. The nominated offtake partner for the Lifting […]
Together with their partners Chevron and NNPC, Equinor have signed deal to extend the OML 128 license to continue to produce oil from Nigeria’s Agbami field for at least two more decades; in a deal that not only secures value for the operating partnership but also provides crucial income for Nigeria’s economy, local employment and […]
Please wait....
Thank you for subscribing...