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Middle East and Africa’s Oil & Gas Industry Saw a Drop in Deal Activity in Q1 2021

Led by $2.59bn asset transaction with BP Exploration (Epsilon), Middle East and Africa’s oil & gas industry saw a drop of 32.92% in deal activity during Q1 2021, when compared … Read More

NIGERIA: DPR Denies Revoking Licenses of 32 Petrol Refineries

The Department of Petroleum Resources (DPR) has refuted a report that the regulatory agency for the oil and gas industry revoked the licences issued for the establishment of 32 refinery … Read More

NIGERIA: DPR Inaugurates Alternative Dispute Resolution Centre in Lagos

The Department of Petroleum Resources (DPR) has concluded plans to inaugurate the Advisory Council and Body of Neutrals of the oil and gas industry’s Alternative Dispute Resolution Centre (ADRC) in … Read More

NIGERIA: Maire Tecnimont Inks $1.5 billion Contract with NNPC

Maire Tecnimont has announced that its subsidiary Tecnimont S.p.A. has been awarded a contract by the Federal Executive Council to carry out Rehabilitation works for the Port Harcourt Refinery Company … Read More

Russia-Africa Energy Committee to Drive Investment & Deal-making in the Energy Sector

The inter-party online conference drew attention to the developments of Africa’s energy market, navigating relations on the continent for Russia-Africa partnerships and highlighting the announcement of the creation of the … Read More

NIGERIA: ADM Energy Invests in the Development of the Barracuda oil field in OML 141

ADM Energy has announced that it has conditionally agreed to invest in the development of the Barracuda oil field in OML 141, an existing discovery and near-term production asset in … Read More

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