Africa Oil Provides the Receipt of Prime Dividend & Provides Positive Egina Operational Update

Africa Oil Corp. has announced that it has received its seventh dividend from Prime Oil and Gas Cooperatief UA as well as provided an update the markets on a significant … Read More

San Leon Conditionally Acquires Further Interest & Option in New Nigerian Oil Export System

San Leon has announced a conditional investment of US$2 million as well as an option to conditionally invest a further US$6.5 million in the equity of Energy Link Infrastructure (Malta) … Read More

NIGERIA: Latest Gas-related Power Shortages Could Have Been Avoided. Here is why

Opinion Piece by Yusuff Wale, Managing Director, Wärtsilä Marine & Power Services Nigeria Ltd  On 28 May 2021, Nigeria’s national power generation dropped to 3,059 MW and for the subsequent seven days … Read More

NIGERIA: Oza-1 well Re-entry On-coursewith the Supporting Infrastructure Installed & Operational

Decklar has said it continues to make considerable progress on the Oza-1 well re-entry with the camp and all associated infrastructure fully installed and operational. The major components of the … Read More

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