NIGERIA: Dolphin Drilling Announces new LOA with General Hydrocarbon

Dolphin Drilling has announced a new Letter of Award (LOA) for the Blackford Dolphin. Blackford Dolphin has signed a Letter of Award for additional work in Nigeria in direct continuation with the previously announced contract … Read More

NIGERIA: San Leon Energy Provides Update on the Proposed Transactions with Midwestern

Further to the announcement made on 1 December 2022, the MLPL Reorganisation Agreement‘s deadline for the satisfaction of the condition relating to the New Eroton Debt Facilities being entered into, which had already previously been extended to 31 December 2022, … Read More

NIGERIA: Nigerian Upstream Petroleum Regulatory Commission Announces the Mini Bid Round 2022

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced the Mini Bid Round 2022). The Mini Bid Round is an opportunity to spur new exploration and drilling activities in the … Read More

NIGERIA: Chevron, NNPC Sign $1.4bn Financing Deal for Hydrocarbon Projects in Niger Delta

The Nigerian National Petroleum Company (NNPC) and Chevon’s subsidiary in Nigeria Chevron Nigeria have sealed  a $1.4 billion for “Project Panther” involving external project finance projects in the Niger Delta. The … Read More

PGS’ First Nigeria MegaSurveyPlus Provides 11 230 sq. km of 3D data

The MegaSurveyPlus concept revitalizes PGS’ Nigeria MultiClient data library by reprocessing 3D data from field tapes. Modern techniques such as optimized denoising algorithms and a full deghosting sequence have improved … Read More

Africa Oil Reports Q3 2022 Financial Results with Record Realised Oil Price

The Company received one dividend from its shareholding in Prime for $50.0 million(1) in Q3 2022 (first nine-month 2022 total of $212.5 million). Total amount of the dividends received so … Read More