As previously disclosed, BW Group Limited (BW Group) currently owns 191,903,110 shares in BW Energy Limited (BW Energy), corresponding to 74.38% of the issued and outstanding shares and voting rights in BW Energy. As part of a corporate restructuring, BW Group is planning to separate BW Energy, as an oil & gas exploration business, from […]

The Oyo State Government and Shell Nigeria Gas (SNG) have signed an agreement to develop a gas supply and distribution infrastructure that will deliver gas to industrial and commercial users in the state. SNG will build and operate the gas distribution network, which will serve customers across Oyo State for 20 years. Speaking at the […]

 In line with his commitment to significantly leverage gas to grow the economy, President Bola Tinubu will commission three critical gas infrastructure projects being undertaken by the Nigerian National Petroleum Company Limited (NNPCL) and partners. The projects support the federal government’s effort to grow value from the nation’s gas assets while eliminating gas flaring. The […]

Panoro Energy ASA is pleased to provide an update on operations at the Dussafu Marin Permit offshore Gabon in which Panoro holds a 17.5 per cent participating interest. Gross production averaged approximately 24,840 bopd in Q1 2024 and in Q2 to date has averaged approximately 29,800 bopd, the uplift in output being attributable to start […]

BW Energy, as the operator of the Dussafu Marine licence in Gabon and the Golfinho cluster offshore Brazil, provides an update on its operations and development. The Company will publish financial figures for the first quarter of 2024 on Friday, 24 May 2024. Net production to BW Energy from the operated assets was 2.48 million […]

Seplat Energy PLC, a leading Nigerian independent energy company listed on both the Nigerian Exchange and the London Stock Exchange, Has announced its unaudited results for the three months ended 31 March 2024. Operational highlights Production averaged 49,258 boepd, down 4.8% on prior period (3M 2023: 51,720 boepd), but 5.7% above Q4 2023 production, and […]

Halliburton introduced Reservoir Xaminer™, a formation testing service designed to provide precise formation pressure measurements and representative samples of the reservoir fluid in less time. Reservoir Xaminer service is designed to provide fast, high-quality, and customized data, even in the toughest conditions. It features an innovative technological advancement in the enhanced probe section with dual quartz pressure […]

East African Crude Oil Pipeline (EACOP) Ltd. has signed a MoU with Ministry of Water and Environment (MWE) to cooperate on various conservation initiatives in the 10 Districts traversed by the Pipeline. As part of this cooperation, EACOP is also joining the Running Out of Trees (ROOTS) campaign. In joining this campaign, EACOP will work […]

ExxonMobil has made a final investment decision for the Whiptail development offshore Guyana, after receiving the required government and regulatory approvals. Whiptail, the sixth project on the Stabroek block, is expected to add approximately 250,000 barrels of daily capacity by the end of 2027.  “Our sixth multi-billion-dollar project in Guyana will bring the country’s production capacity […]

 As part of its commitment to encourage learning and academic excellence, the Nigerian National Petroleum Company Limited (NNPC Ltd.) and its Joint Venture partners in OML 18 – the Nigerian Content Development & Monitoring Board (NCDMB), Shell Nigeria Exploration and Production Company (SNEPCo), Total Energies EP Nigeria Ltd., Nigerian Agip Exploration Ltd., and Esso Exploration […]