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) […]

Worley has been awarded a contract to provide main front-end engineering design (FEED Phase II) services for the Nigeria-Morocco Gas Pipeline (NMGP) project. The engineering study is progressing in accordance with the initial project planning. When completed, the over 7,000 km long gas pipeline, being promoted by Office National des Hydrocarbures et des Mines (ONHYM) […]

Otakikpo Oil production in March 2022 is totaling 4,448 bopd (gross)/1,779 bopd (net). While Spudding of Otakikpo-4 took place on 31 March 2022. The company disclosed this in an announcement made on behalf of the Otakikpo Joint Venture made up of Green Energy International Limited, GEIL, the Operator, and the Technical Partner, Lekoil Oil and […]

Nigerian Midstream and Downstream Petroleum Regulatory Authority NMDPRA Boss has met with delegates from Netherlands led by Mr Ewout de Wit, the Counsellor/Deputy Head of Mission, Embassy of the Kingdom of the Netherlands to Nigeria, on the possibility of increasing gas supply from Nigeria amidst Russia-Ukraine conflict. This is sequel to European Union Ambassadors recent […]

One of Nigeria’s largest oil producers owes $1.7bn to Shell and seven banks, which if unpaid, could do significant harm to the West African country’s financial system, say the lenders. Aiteo Eastern E&P purchased a pipeline and an operating interest in one of the nation’s most prized onshore oil blocks seven years ago for $2.4bn. […]

Crude oil theft has being an excruciating factor towards efficient harnessing of Nigeria oil and gas economy. This ugly economic situation was previously attributed to militia insurgency in Niger Delta but has been believed to been quenched via Federal Government amnesty program. The sudden resurfacing of this economic sabotage at higher scale now that PIB […]

LEKOIL has announced that Lekoil Nigeria Limited and its subsidiaries, Lekoil Oil & Gas Investments Ltd, Mayfair Assets & Trusts Ltd, Lekoil 276 Ltd and Lekoil Exploration and Production Ltd (the “Plaintiffs”)) have notified the Company of an ex-parte injunction granted by the Federal Court of Nigeria, Lagos Division, to restrain: (i) the transfer of […]