Tag: Nigeria

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Total Postpones South African Drilling; Nigerian NETCO to Expand to Equatorial Guinea

SOUTH AFRICA According to Reuters, French oil and gas group, Total, through the consultant conducting the environmental and social assessment in Block 11B/12B, SLR Consulting, has written to postpone its...
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Nigeria: BUA’s Refinery in Akwa Ibom to be Operational by 2024

After the signing of a progress acknowledgement statement between BUA Group and Axens of France for the proposed 200,000 barrels per day refinery in Akwa Ibom State, Nigeria, the Group...
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NNPC Recorded N234.722b petrol sales in January; Reduction in Pipeline Vandalism

In the January 2021 edition of the Nigerian National Petroleum Corporation's (NNPC) Monthly Financial and Operations Report (MFOR), the national oil company recorded about N234,722,222,150 from the sale of the...
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ADM Energy Enters into CA with Eunisell for Barracuda field in OML 141 in Nigeria

ADM Energy has entered into a non-binding collaborating agreement (CA) with Nigerian-owned oil and gas production solutions company, Eunisell, to explore collaboration opportunities for the development of the Barracuda field...
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Nigeria: Department of Petroleum Resources Refutes License Revocation Reports

Contrary to several reports that the Nigerian Department of Petroleum Resources (DPR) revoked the licenses issued for the establishment of thirty-two (32) refinery projects in the country, a statement signed...
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San Leon Energy Provides Update on its Oza-1 Well Re-entry in Nigeria

Independent oil and gas production, development and exploration company focused on Nigeria, San Leon Energy, has provided updates on its Oza-1 Well Re-entry in Nigeria. The activities for the Oza-1...
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ADM Energy Completes 15th Lifting from Aje Field Offshore Nigeria

ADM Energy Plc has announced that it has completed the 15th Lifting at the Aje Field, which is part of Oil Mining License (OML) 113 offshore Nigeria. The Lifting totalled 225,000...
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Marketers Should be Allowed to Determine Gas Prices in Nigeria – DPR

At the Pre-Summit Conference of the Nigerian International Petroleum Summit (NIPS), on the theme: 'The Decade of Gas – Towards a Gas-Powered Economy’, the Director of the Nigerian Department of Petroleum...
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Nigeria’s Crude Oil Capacity Will Drop by 200,000 BPD by 2026 – IEA

In a new report titled 'Oil 2021: Analysis and forecast to 2026' the International Energy Agency (IEA) forecasts that crude oil capacity in Nigeria will drop by 200,000 barrels to 1.6...
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Gas Production in Nigeria Declined by 3% in One-Year

A report from the Nigerian National Petroleum Corporation (NNPC) which covers the period - November 2019 to November 2020, showed that the gas sector saw a marginal decline by 3%...
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