San Leon, the independent oil and gas production, development and Exploration Company focused on Nigeria, notes the announcement made by Decklar Resources Inc: Decklar Resources Inc. announced an update to operations at the Oza-1 well re-entry at the Oza Oil Field in Nigeria through the Company’s wholly-owned Nigeria-based subsidiary, Decklar Petroleum Limited. Oza-1 Re-entry Decklar continues […]
The Nigeria Federal Government has said it is expecting most of the marginal fields, which investors bid for in the recently concluded bid round, will achieve first oil starting from next year. The Director/Chief Executive Officer, Department of Petroleum Resources, Mr Sarki Auwalu, said this on Wednesday during a strategic engagement session in Lagos with […]
The Nigerian National Petroleum Corporation (NNPC) and International Oil companies partners have executed agreements to renew Oil Mining Lease (OML) 118 for another 20 years. The IOC partners include Shell Nigeria Exploration and Production Company (SNEPCo), Total Exploration and Production Nigeria Limited (TEPNG), Esso Exploration. and Production Nigeria Limited (EEPNL) and Nigerian Agip Exploration (NAE) The […]
Addax is expected to resume a drilling campaign in its Nigeria restored oil permits soon. This recent development in its Nigeria offshore operations is to accomplish exploration commitments it promised after President Muhammadu Buhari in late April upturned a government earlier decision. Nigerian President Muhammadu Buhari reversed the nations’ oil and gas regulatory body The […]
KBR announced it will be supporting the development of Nigeria’s first ever Floating Liquefied Natural Gas (FLNG) facility, enabling economic growth and sustainability of the country’s future energy supplies. The award, by UTM Offshore Limited, builds on over 40 years of KBR’s continuous LNG experience and depth of FLNG capabilities. Acting as Owner’s Engineers, KBR […]
The Nigeria Federal Government has expressed optimism about improved earnings from its gas monetisation scheme, following the signing of the Pre-Front End Engineering Design (Pre-FEED) contract by the licensee to commence the development of 176 million cubic feet per day Liquefied Natural Gas (LNG) floating plant. The Department of Petroleum Resources (DPR) had issued Licence […]
Nigeria gas flaring is still going unabated despite unalloyed effort and commitment by the present government in creating enabling environment for oil and gas companies to invest in the recent gas code master plan unveiled by the Mohammadu Buhari led administration. According to the data made available by National Oil Spill Detection and Response Agency […]
ADM Energy has announced the completion of its acquisition of a controlling interest in a Risk Sharing Agreement for the development of the large-scale Barracuda field in OML 141, an existing discovery and near-term production asset in swamp/shallow waters offshore Nigeria. This recent deveploment is coming barely less than a week of ADM proclamation of going into […]
ADM Energy, a natural resources investing company, is pleased to announce it has entered into a non-binding collaboration agreement with OES Energy Services Limited, Nigeria’s largest swamp rig services provider, and 4Mation Drilling Services Limited, a solution provider in the energy sector. ADM, OES and 4Mation plan to explore opportunities to develop Barracuda Field in […]
Minister of State for Petroleum Resources, Chief Timipre Sylva, has intervened to avert industrial action at Agbami Offshore Oilfield operated by Chevron Nigeria Ltd (CNL). The General-Secretary of Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), Mr. Lumumba Okugbawa, said on Thursday that Sylva had scheduled a meeting with the leadership of the […]
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