The legal battle between The Nigeria National Petroleum Corporation (NNPC) and Shell Nigeria – the later quest to regain the operator of Oil Mining Licence (OML) 11 is far yet to be over. The recent Appeal court judgment on the prolific oil well was never palatable to Nigeria exploration and production giant. But reverse is […]

NIGERIAN PETROLEUM DEVELOPMENT COMPANY (NPDC on behalf of the OPLs 809 & 810 NNPC/NNDC Production Sharing Contract) NPDC Head Office, Ogba Road Benin City, Edo State. REQUEST FOR EXPRESSION OF INTEREST (“EOI”) AS A FINANCIAL AND TECHNICAL SERVICE PARTNER FOR THE INTEGRATED DEVELOPMENT OF OPLs 809 and 810  ASSETS 1.0     INTRODUCTION NPDC  hereby  invites  qualified […]

When Anthony Stimler left Glencore Plc   in August 2019, he had two big secrets: For a dozen years, he’d paid millions in bribes to African officials and intermediaries. And he was now helping a U.S. Justice Department investigation into the company and numerous former colleagues. According to recent report by Bloomberg, Corruption isn’t exactly unheard of […]

The Nigeria National Petroleum Corporation (NNPC) is now set to take full control of a prolific oil well OML 11 after a long legal battle with her partner Royal Dutch Shell company. The recent Appeal Court judgment affirming NNPC the legal owner of the Oil Mining License 11 (OML 11) has been described by corporation […]

Decklar Petroleum and San Leon in an option agreement have announced an update to operations at the Oza-1 well re-entry at the Oza Oil Field in Nigeria, being performed by the Company’s wholly owned Nigeria-based subsidiary, Decklar Petroleum Limited. Progress at Oza-1 in Final Preparation for Well Testing Operations Re-entry operations at the Oza-1 well […]

Nigeria and International Oil Companies in the Oil Mining Lease (OML 130) Production Sharing Agreements (PSA) are are eyeing over $760m from fresh Gas Supply Purchase Agreements (GSPAs) and Gas Entitlement Agreement (GEA) executed at the NNPC Towers. The agreements, which are part of the Corporation’s gas commercialization programme involve Total Exploration and Production Nigeria […]

Africa Oil Corp. has announced that it has received its seventh dividend from Prime Oil and Gas Cooperatief UA. The Company is also pleased to update the markets on a significant increase in the Egina oil field production.  Prime has distributed a $75.0 million dividend with a net payment to Africa Oil of $37.5 million related to its 50% […]

Midwestern Oil & Gas Limited has recently revealed that the reverse take-over (RTO) offer to San Leon Energy Plc, an energy company listed in the Alternative Investment Market (AIM) of the London Stock Exchange (LSE). Midwestern currently holds more than 10% of San Leon’s shares and would end up holding a majority of the shares […]

San Leon, the independent oil and gas production, development and exploration company focused on Nigeria, has announced its audited final results for the year ended 31 December 2020.  Corporate ·Completed the return of approximately US$33.8 million to shareholders during the first half of 2020 delivering on the Company’s commitment to shareholder returns. ·The Company entered into […]

San Leon, the independent oil and gas production, development and exploration company focused on Nigeria, announces a conditional investment of US$2 million as well as an option to conditionally invest a further US$6.5 million in the equity of Energy Link Infrastructure (Malta) Limited (“ELI”), the company which owns the Alternative Crude Oil Evacuation System (“ACOES”) project. The […]