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 […]
The much delayed handing over of ExxonMobil’s offshore shallow water business to Seplat owing to Nigerian Upstream Petroleum Regulatory Commission (NUPRC) right of first refusal objection has finally come to an end. This was doused by the recent action taken by the Nigerian President Muhammadu Buhari for granting his consent to the acquisition and divestment […]
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 […]
Sirius, an African focused oil & gas production and development company, said that its JV partner, COPDC, has received the requisite approvals from the Nigerian National Petroleum Corporation (NNPC) that enables the company to proceed with the drawdown of financing in order to commence Phase 1 of the Approved Work Programme (AWP) in respect of […]
Seplat Energy Plc, a leading Nigerian energy company listed on the Nigerian Exchange and the London Stock Exchange, is pleased to announce that it has begun commercial injection of crude oil through the new Amukpe-Escravos Pipeline. The 67km mostly underground pipeline is expected to provide a more reliable and secure export route for liquids […]
independent oil and gas production, development and exploration company focused on Nigeria, notes the announcement made by Decklar Resources Inc. (“Decklar”) in Canada. San Leon has a 11% shareholding in Decklar Petroleum Limited (“DPL”), the local subsidiary of Decklar operating in Nigeria, and has also made a US$5.5 million loan to DPL, via 10% per annum […]
From all indication, Mallam Mele Kolo Kyari, the Group Managing Director of the then Nigerian National Petroleum Corporation and now the Group Chief Executive Officer of The Nigerian National Petroleum Company Limited (NNPC Ltd) is undeniably a game changer. He is a hard working gentle man with a perfect magical touch, full of versatile knowledge, […]
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