The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has invited reserve bidders for the 2020 marginal fields programme completed in 2021, after some initial bid winners failed to pay up their signature bonuses within the stipulated time. A public notice signed by the Commission’s Chief Executive Officer, Mr. GbengaKomolafe, indicated that a number of the winners […]

Panoro Energy ASAis pleased to announce that all government approvals have now been received for the sale of the shares of its fully-owned subsidiaries that hold 100% of the shares in Pan Petroleum Aje Limited to PetroNor E&P Limited.  Pan Aje participates in the exploration for and production of hydrocarbons in Nigeria and holds a […]

Zenith Energyan international independent oil & gas company with production, exploration and development assets in Africa and Italy, has agreed an extension to the Option Agreement with Noble Hill-Network Limited (NHNL), announced on November 29, 2021, for the purchase of a 42% (forty-two percent) interest in the share capital of NHNL. NHNL is a private […]

Barely a year after The Shell Petroleum Development Company of Nigeria Limited (SPDC), has completed the sale of its 30% interest in Oil Mining Lease (OML) 17 in the Eastern Niger Delta, and associated infrastructure, to TNOG Oil and Gas Limited, a related company of Heirs Holdings Limited and Transnational Corporation of Nigeria Plc (Transcorp), […]

Panoro Energy and PetroNor have agreed to extend the completion long stop date for the previously announced sale of its fully-owned subsidiaries that hold 100% of the shares in Pan Petroleum Aje. The amended long stop date to complete the Transaction is now 31 January 2022 to make allowance for the process of obtaining statutory […]

LEKOIL the oil and gas exploration and production company with a focus on Nigeria and West Africa, has provide the  corporate and Operational Development on Otakikpooilfield for the month of November 2021 taken from information provided by Lekoil Nigeria. Oil production in November 2021 is  4,118bopd (gross)/1,647 bopd (net) and this was impacted by well […]

Shell and Nigeria go back a long way – but net zero plans are leading to a clean break from Niger Delta assets Shell has been active in Nigeria since the 1930s. It’s no exaggeration to say that Nigeria helped transform the company into the supermajor IOC we know today. Now, 63 years after producing […]

Sirius, the Africa focused oil & gas production and development companyhas announced that it has signed a Memorandum of Understanding (MOU) with Baker Hughes Company Limited. The MOU appoints Baker Hughes as the approved services provider to Phase 1 of the approved work programme (AWP) of the OML 65 Licence, a large onshore block in the western […]

Panoro Energy ASA andPetroNor E&P Limited  have agreed to extend the completion long stop date for the previously announced sale of its fully-owned subsidiaries that hold 100% of the shares in Pan Petroleum Aje Limited The amended long stop date to complete the Transaction is now 31 December 2021 to make allowance for the process […]

Towards resumption of oil production in Ogoniland in Rivers State, Ogoni Oil Producing Communities Forum (OOPCF) has recently reaffirmed rejection of the Nigerian Petroleum Development Company (NPDC) as licensed operator to drive renewed exploration and production operations in the area local media Tide reported.This is as leaders of 19 oil host communities in Ogoniland, Rivers […]