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Nigeria’s state oil company NNPC indicated that output from the new ultra deepwater Egina field would be classified as condensate and not oil, adding that the country would conform to a OPEC-led production cut. Asked if the Egina…
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San Leon Energy plc, the AIM listed company focused on oil and gas development and appraisal in Africa, announced on 10 December 2018 that Eroton, the operator of the OML 18 licence, onshore Nigeria, was preparing to spud the new well…
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Oil blocks concessionaires including international oil companies (IOCs), indigenous producers and the Nigeria Petroleum Development Company (NPDC) lifted $34.2 billion ($34,198,009,459) worth of crude oil from Nigeria in one year, New…
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Shell Nigeria Exploration and Production Company (SNEPCo) is seeking contractors for the development of the $10bn Bonga South West Aparo (BSWA) oil and gas field offshore Nigeria. Regarding this, the company has released the…
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The leaders of the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) and Petroleum and Natural Gas Senior Staff Association (PENGASSAN) have commended the Federal Government’s commencement of crude oil search in the Kolmani…
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INigeria’s aspiration of unlocking over 10billion barrels of deep water oil reserves was accentuated with the signing of the crucial Heads of Terms Agreement among the Nigerian National Petroleum Corporation (NNPC) and its production…
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Sirius Petroleum, the Nigeria-focused oil and gas development and production company, has entered into a Crude Handling Agreement (‘CHA’), in line with the Company’s commercial offshore strategy, with the Terminal Operator of the…
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Offshore drilling contractor Shelf Drilling has secured a six-month contract extension for the Shelf Drilling Resourceful jack-up rig. Shelf Drilling said on Monday that the six-month extension was in direct continuation of its…
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In another first in the Nigerian oil and Gas industry, Shell Nigeria Exploration and Production Company (SNEPCo), has trained three Nigerians in special seabed survey, a discipline largely dominated by expatriates in the country’s…
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Shell, others lament $2.1bn hike in operating cost Nigeria, Africa’s biggest crude exporter, has suffered an average of 40 per cent capital flight in deepwater oil project’s execution, New Telegraph has learnt. Shell and other…
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