OML Archives - Ibe Kachikwu

27th January 2021

Conoil Pays Deposit for Chevron’s Equity in Nigeria’s OMLs 86 and 88

Nigerian independent owned Exploration and Production company, Conoil Producing, has paid a deposit for its purchase of the 40% equity held by Chevron Corporation in Oil Mining Lease (OMLs) 86...

18th January 2021

Heirs Holdings Acquire Nigerian Oil Licence OML 17 Assets for $1.1 billion

Heirs Holdings, in partnership with its affiliated company, Transnational Corporation of Nigeria Plc ("Transcorp"), has announced the unconditional acquisition of a 45% participating interest in Nigeria oil license OML 17...

21st August 2020

Zenith Energy Pre-qualifies for Marginal Field Bid Round in Nigeria

Zenith Energy Limited has announced it has successfully pre-qualified for the 2020 Marginal Field Bid Round in Nigeria. The international oil and gas production company announced in June that it...

9th July 2020

Nigeria: DPR Announces it has Received Over 600 bids for the Ongoing Bid Rounds of Marginal Oilfields

The Department of Petroleum Resources (DPR) in Nigeria has announced that over 600 companies have already applied to be prequalified for the ongoing bid rounds of the marginal oilfields in...

6th July 2020

Atlas Petroleum Resumes Operation on OML 109 in Nigeria

Atlas Petroleum International has announced the resumption of its activities which includes well interventions on OML 109 in Nigeria. This is to resume full production from the Ejulebe marginal field....