NIGERIA: Eroton Emphasizes it Remains the operator of OML 18
In its press release, Eroton has emphasised that it remains the operator of OML 18 in line with the provisions of the Joint Operating Agreement governing OML 18 and has … Read More
Tag: NNPC
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
NIGERIA: Sirius Petroleum Receives OML 65 Approvals Secured from NNPC
Sirius has announce that its JV partner, COPDC, has received the requisite approvals from the Nigerian National Petroleum Corporation (“NNPC”) that enables the company to proceed with the drawdown of … Read More
NIGERIA: TotalEnergies Announces Start of Production from the Ikike Field
TotalEnergies, OML99 operator (40%) in partnership with the Nigerian National Petroleum Corporation (NNPC, 60%), announces the start of production from the Ikike field, in Nigeria. Located 20 kilometers off the … Read More
Worley Awarded FEED Contract for the Nigeria-Morocco Gas Pipeline (NMGP) Project
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 … Read More
APPO’s Secretary General Solicits Greater Commitments From Member Countries’ NOCS CEOs
The Secretary General (SG), African Petroleum Producers’ Organization (APPO), His Excellency, Dr Omar Farouk Ibrahim called for greater commitments of the CEOs of National Oil Companies (NOCs) of Member Countries … Read More
Nigeria Takes the Lead in Exploration, Production and Regulation in 2022
Nigeria represents one of Africa’s heavyweights when it comes to hydrocarbon exploration and production. With over 36 billion barrels of oil (bbl) and 200 trillion cubic feet of natural gas, … Read More
UTM Offshore Signs Pre-FEED Contract for Nigeria’s First Floating LNG Project
UTM Offshore Limited, a Nigerian marine services company, has signed this morning a pre-Front End Engineering Design (Pre-FEED) contract with JGC Corporation of Japan for the development of a floating … Read More
Nigeria, Morocco Sign MOUs to Promote the Development of Hydrocarbons
The Federal Government and the Kingdom of Morocco on Tuesday signed five strategic Memorandum of Understandings (MOUs) that would foster Nigerian – Morocco bilateral collaboration and promote the development of … Read More
NIGERIA: Heirs Holdings Acquires 45% of OML 17 from Shell, Total and ENI
Heirs Holdings the leading African strategic investor, in partnership with affiliated company Transnational Corporation of Nigeria Plc (Transcorp), Nigeria’s largest publicly listed conglomerate, announced today the unconditional acquisition of a 45% … Read More