NIGERIA: NNPC Reaches Deal with Sapetro, CNOOC Ending OML 130 Dispute
In its bid to meet the target of revving up production to three million barrels per day and unlock gas revenues to the tune of about $225 million in the … Read More
Tag: Nigeria
NIGERIA: ExxonMobil Appoints New Chairman and Managing Director
ExxonMobil has announced the appointment of a new Chairman and Managing Director Richard Laing its 3 affiliate firms in Nigeria namely Mobil Producing Nigeria Unlimited (MPN) and Esso Exploration and … Read More
Equatorial Guinea & Cameroon: Chevron’s Entry into Central Africa Could be a Turning Point for Gas Industry
The recently-announced acquisition of Noble Energy by Chevron for $13bn gives the American major an entry into Equatorial Guinea’s oil & gas sector, where Noble Energy has interests in the … Read More
ADM Energy, OilBank Pre-qualifies in Bidding for Nigerian Marginal Oil Fields
ADM Energy has announced that it has successfully pre-qualified in the Nigerian Government’s 2020 Marginal Field Bid Round. The Company is participating in the Bid Round as the exclusive technical … Read More
German Capital, Technology to Increase in Africa’s Energy Sector
This week, the Germany-Africa Business Forum (GABF) is organizing an exclusive webinar to encourage new deals between German and African public and private energy stakeholders. This is an extremely timely … Read More
NIGERIA/NIGER: Savannah Energy Provides Operational Update for H1 & Outlook for FY 2020
H1 2020 Operational Update Nigeria · H1 2020 cash collections from the Nigerian Assets of US$82.1m compared to US$55.3m in H1 2019; · Average gross daily production, of which 89% was gas, … Read More
San Leon Acquires 10% Interest In New Nigerian Oil Export System
San Leon, the independent oil and gas production, development and exploration company focused on Nigeria, has announced that it is investing US$15 million in Energy Link Infrastructure (Malta) Limited (ELI), … Read More
NIGERIA: Eni Terms Public Prosecutor’s requests for Conviction as Groundless
Eni has said it considers that the Public Prosecutor’s requests for conviction of the Company, its former and current CEOs and the managers involved in the Opl245 proceeding are completely … Read More
NIGERIA: Lekoil Executes Definitive Service Agreements for the Otakikpo Drilling Programme
LEKOIL has announced that the Otakikpo Joint Venture which is made up of Green Energy International Limited (GEIL), the Operator of the Otakikpo Marginal Field, and the Technical Partner, LEKOIL … Read More
Atlas Petroleum Resumes Development of OML109 in Nigeria
Over the weekend, Atlas Petroleum International has resumed work over activities and well interventions on OML 109 in Nigeria in order to enhance production from the Ejulebe marginal field. Awarded … Read More