In  February 2021, The unprecedented journey started with issuance of License to Establish (LTE) by Department of Petroleum Resources (DPR). The birth of a new dawn has come in history of Nigeria energy sector-The first ever Floating Liquefied Natural Gas (FLNG) production plant in Nigeria to be operated by UTM Offshore Limited, an indigenous oil […]

The establishment of Nigerian Content Development and Monitoring Board (NCDMB) and the Act establishing it Nigerian Oil and Gas Industry Content Development (NOGICD) Act  by the Former President Goodluck Ebele Jonathan is truly transforming the oil, gas and energy sector of Nigerian economy, particularly rippled developmental  infrastructure it has brought to the host communities. The present […]

Temile Development Company has sealed a contract signing agreement with Hyundai Mipo Dockyard (HMD) for the construction of a new 23,000 cubic meters Liquefied Petroleum Gas Carrier Vessel.  This was followed by  a separate signing agreement with NSML an integrated maritime services subsidiary of Nigeria LNG Limited for the construction supervision of the vessel. The […]

A consortium of three exploration and production companies; Falcon Corporation, ND Western Midstream Limited & FHN Gas Limited, has  recently in Lagos, Nigeria signed a Natural Gas distribution infrastructure network contract with the Lagos Free Zone (LFZ). The gas supply agreement is worth $25 million and the contract term is to develop, own and operate […]

Decklar Resources  has announced the initial successful shipments of crude oil via trucks from the Oza Oil Field to the Umugini Pipeline Infrastructure Limited (UPIL) crude handling facilities. Decklar and its co-venturer Millenium Oil & Gas have successfully trucked approximately 4,000 barrels of crude oil from storage tanks at the Oza Oil Field to the […]

TotalEnergies, French multinational oil and gas giant, has formally launched the sale of its 10% stake in its Nigerian joint venture with Nigerian National Petroleum Company (NNPC) Limited, Shell Petroleum Development Company (SDPC) and Eni. This development is coming at the wake of the company celebration of its 60 years presence in the Nigeria. The […]

Decklar Resources has announced the commencement of the shipment of crude oil via trucks from the Oza Oil Field to the UPIL crude handling facilities for further transfer to the SPDC Joint Venture Forcados Oil Export Terminal via the Umugini Pipeline. Oza Field Oil Export Operations Decklar and its co-venturer Millenium Oil & Gas Company […]

LEKOIL the oil and gas exploration and production company with a focus on Nigeria and West Africa, provides a summary of ongoing litigation with Mr Akinyanmi and Lekoil Nigeria Limited (Lekoil Nigeria) and notes the following with respect announcement of Lekoil Nigeria dated 3 May 2002. Litigation summary The Company is a party to the […]

San Leon, the independent oil and gas production, development and exploration company focused on Nigeria has announced certain amendments to the terms of its investment in Oza which included an option to provide a further loan of US$2.0 million to Decklar by 30 April 2022 to increase its shareholding in Decklar Resources Limited (“Decklar”) from […]

Seplat Energy, a leading Nigerian independent energy company listed on both the Nigerian Exchange Limited and the London Stock Exchange, has announced its unaudited results for the three months ended 31 March 2022. Operational highlights  Strong safety record extended to 26.1 million hours without LTI from Seplat Energy operated assets (2.0m hours in Q1 2022) […]