Nigeria: PGS Starts New MegaSurveyPlus Reprocessing
PGS has added 10 700 sq. km of 3D MultiClient data to its data library coverage of the Niger Delta, kick-starting a major reprocessing project. This will be the cornerstone … Read More
Tag: Nigeria
NIGERIA: NUPRC Moves to Close 2020 Marginal Oilfield Bid
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced plans to close out the 2020 marginal field bid round programme in line with the Petroleum Industry Act 2021 (PIA). This … Read More
Africa to Continue Exploiting Hydrocarbon Resources While Exploring the Use of Renewable Energies – APPO
The Council of Ministers of the African Petroleum Producers’ Organization (APPO) just ended its 41st Ministerial Session with a resolve to continue the exploitation of its Member Countries’ huge oil and … Read More
WEST AFRICA: Blighter Lands On & Offshore Installation Security Radars Contract to Protect Oil Facilities
Blighter Surveillance Systems the British designer and manufacturer of electronic-scanning radars and surveillance solutions, has been awarded a contract to provide its C400 series onshore and offshore installation security radars to … Read More
SOUTH AFRICA: DNG Energy Ushers in a New Era for Energy Sector with the Commercial Launch of LNG Products
100% black-owned energy infrastructure company, DNG Energy has announced that it is commencing the delivery of liquefied natural gas (LNG) to commercial customers in the industrial, transport, marine and power … Read More
NIGERIA: Gas-fired Thermal Generation Continues to Dominate Power Mix – GlobalData
Thermal power will continue to make up the majority of Nigeria’s power mix in the next decade, rising from an 82.9% share in 2020 to 84.1% by 2030, according to … Read More
NIGERIA: Panoro, PetroNor Agree Extension of Long Stop Date for Sale of Aje
Panoro Energy and PetroNor E&P Limited have agreed to extend the completion long stop date for the previously announced sale of its fully-owned subsidiaries that hold 100% of the shares … Read More
NIGERIA: Africa Oil Announces the Receipt of Prime Dividend
Prime has distributed a US$100 million dividend with a net payment to Africa Oil of US$50 million related to its 50% shareholding. Since acquiring its 50% shareholding in Prime for a cash consideration of $520 … Read More
NIGERIA: Zenith Energy, Noble Hill-Network Enter Option Agreement for OML 141 RSC
Zenith Energy has entered into an Option Agreement with Noble Hill-Network Limited, a private Nigerian oil and gas company. NHNL is the sole, 100% holder of a Risk Service Contract … Read More
NIGERIA: Updated CPR Report Increases Savanna Energy’s 2P Reserves by 27%
An updated Competent Person’s Report CPR was compiled by CGG Services (UK) Ltd covering Savanna Energy’s assets in Nigeria has placed them at 108.6 MMboe 2P Reserves up from 85.5MMboe … Read More
