ADC Energy Awarded Operational Assurance & Rig Contract in West Africa

Reflective of the recent upturn in international drilling activity, ADC Energy has secured a new contract in West Africa providing operational assurance and rig acceptance. The contract, which is worth $250,000, is scheduled … Read More

NIGERIA: Chevron, NNPC Sign $1.4bn Financing Deal for Hydrocarbon Projects in Niger Delta

The Nigerian National Petroleum Company (NNPC) and Chevon’s subsidiary in Nigeria Chevron Nigeria have sealed  a $1.4 billion for “Project Panther” involving external project finance projects in the Niger Delta. The … Read More

PGS’ First Nigeria MegaSurveyPlus Provides 11 230 sq. km of 3D data

The MegaSurveyPlus concept revitalizes PGS’ Nigeria MultiClient data library by reprocessing 3D data from field tapes. Modern techniques such as optimized denoising algorithms and a full deghosting sequence have improved … Read More

Africa Oil Reports Q3 2022 Financial Results with Record Realised Oil Price

The Company received one dividend from its shareholding in Prime for $50.0 million(1) in Q3 2022 (first nine-month 2022 total of $212.5 million). Total amount of the dividends received so … Read More