NIGERIA: Africa Oil Receives Fourth Dividend From Its Nigerian Asset

Africa Oil  has announced that it has received its fourth dividend from Prime Oil and Gas B.V., a company that holds interests in deepwater Nigeria production and development assets. Prime … Read More

Nigeria: Lekoil Terms 2019 as Pivotal Year, Released Audited Results

Operational Highlights Otakikpo ·      Production levels averaged approximately gross 5,305 bopd (2,122 bopd net to LEKOIL Nigeria) ·      Updated Competent Person’s Reports announcing a significant upgrade to 2P oil reserves estimates and … Read More

Nigeria: Prince Arthur Eze Denies Involvement with Oilbank International and Partnership with ADM Energy

Prince Arthur Eze, Executive Chairman of Atlas Petroleum International and Oranto Petroleum, has categorically denied recent news report of his involvement in a partnership with ADM Energy on the ongoing … Read More

TUNISIA/ GABON: Panoro Energy Provides Operations for H1 2020

Operational Highlights Production and lifting operations maintained and largely unaffected through crisis Health and Safety systems and protocols proved resilient In Gabon, quarterly production at record high of 15,991 bopd … Read More

RusselSmith and Kongsberg Ferrotech Introduce Autonomous Robots for Subsea Repairs in Nigeria

Nigerian integrated oilfield services provider, RusselSmith, has teamed up with Kongsberg Ferrotech, a Norwegian subsea robotics company, to introduce a range of autonomous subsea robotic technologies to the Nigerian market. … Read More

Inaugural Nigeria Oil, Gas & Power Conference Set for Lagos in 2021

With incredible potential for gas-to-power, LNG and downstream diversification to power Nigeria’s economy in the long-term, the first-ever Nigeria Oil, Gas & Power (NOGP) Conference & Exhibition, held in Lagos … Read More

NIGERIA: Oil Giant Belemaoil Supports USAID’s HIV/AIDS Eradication Efforts in Akwa Ibom

As part of its efforts to deepen private sector involvement in Nigeria’s health sector, the U.S. Agency for International Development (USAID) accepted a contribution from a leading indigenous oil firm … Read More

Africa Oil Announces Strong Q2 Results Fuelled by Nigerian Assets

Operational Production from Prime Oil & Gas B.V.’s (“Prime”) Nigerian assets remained strong in the first half of 2020 despite curtailments at Egina in May and June due to OPEC … Read More