Oando Successfully Secures $375 Million Upsizing of its Afreximbank Reserve Based Lending Facility

Oando announces that its upstream subsidiary, Oando Oil Limited, a 20% participating interest holder in the OMLs 60-63 JV and an affiliate of Oando Energy Resources Nigeria Limited, has successfully … Read More

NIGERIA: Aquaterra Energy Secures Well Intervention Contract with Intrepid Energy

Aquaterra Energy has secured a multi-million-dollar, multi-year contract with Intrepid Energy Limited (IEL) to deliver a bespoke subsea well intervention equipment package for a project in Nigeria. Aquaterra Energy’s turnkey well … Read More

Africa Energy Bank Gains Momentum with Capital Contributions from Nigeria, Angola and Ghana

 In a significant development for Africa’s energy sector, Nigeria, Angola and Ghana have fulfilled their capital commitments toward establishing the Africa Energy Bank (AEB). This milestone represents 44% of the … Read More

NIGERIA: First E&P Reports Significant hydrocarbon Discovery in the Songhai Field, OML 85

The Nigerian National Petroleum Company Limited (NNPC Limited) and FIRST Exploration & Petroleum Development Company Limited (FIRST E&P) Joint Venture (JV) have confirmed a significant hydrocarbon discovery in the Songhai … Read More

Nigeria: Ogale and Bille Residents take Shell to UK High court following 10-year fight for Justice

Ten years ago, residents from the Bille and Ogale communities in Nigeria claimed their livelihoods had been destroyed and homes damaged by hundreds of oil spills caused by Shell. The … Read More