Tag: Oil Field

Author | Legal Icon | Energy Expert

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...
Read More

Bid Winners of Nigeria’s Marginal Oilfield Round Have Started Paying Signature Bonuses

The Nigerian Minister of State for Petroleum Resources, Chief Timipre Sylva, said almost 50% of the companies who won the bid for the fifty-seven (57) marginal oilfields have paid their...
Read More

ADM Energy Acquires Interest in OML 141, offshore Nigeria

Natural resources investment company, ADM Energy, has announced it has reached a conditional agreement to invest in the Barracuda oil field in OML 141, offshore Nigeria, through an acquisition of...
Read More

Sharjah National Oil Corporation and Eni Announce Start of Gas Production in Mahani Field

The Sharjah National Oil Corporation (SNOC) and Italian oil and gas giant, Eni, have announced that start-up of the Mahani-1 gas well, which marks the commencement of gas production from...
Read More

LEKOIL Publishes Operational and Trading Update for Otakikpo Marginal Field in Nigeria

Nigerian oil and gas exploration company, LEKOIL, has provided operational and trading update for the Otakikpo Marginal Field, which is the company's sole producing asset. Below are the updates on...
Read More

Nigeria Considering Another Oilfield Licensing Round in 2021 – NNPC GMD

The Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Mele Kyari, has disclosed that the Nigerian government may hold another oilfield licensing rounds in 2021, especially in the...
Read More

Sudan to Offer 27 Concession Offshore and Land Blocks

The acting Energy Minister of Sudan, Kheiri Abdelrahman, announced on 15th November 2020 that Sudan is going to offer 27 concession blocks through a global bid. Twenty-four of the blocks...
Read More

Libya’s Output Reaches 500,000 barrels per day After Restart of Sharara Field

Reports show that the daily oil production in Libya may have risen to around 500,000 barrels since the country's biggest oil field, Sharara, was restarted. The southwestern deposit, Sharara, which...
Read More

Sharara Oilfield Shuts Down Again

Barely 48 hours after the announcement of the resumption of oil production at the El Feel and Sharara oilfields in Libya, the Libyan National Oil Corporation (NOC) has announced that...
Read More

El Feel and Sharara Oilfields Resume Production in Libya after 142 Days

The Libyan National Oil Corporation (NOC) announced the resumption of oil production at the nation’s biggest oilfields located in the Western region – the Sharara, and El Feel fields. This...
Read More