Nigeria, a previous bright spot on big oil and gas investors’ radar screens, has dimmed substantially as investor attention is increasingly drawn to new and emerging developments in Namibia, Ivory Coast, Angola, and the Republic of Congo. With two-thirds or more of its revenue...
Nigeria continues to dominate as Africa’s largest producer of Crude Oil, boasting proven reserves of 37.50 billion barrels and a production capacity of approximately 2.19 million barrels per day (mbpd).
These were the words of the Commission Chief Executive of the Nigerian Upstream Petroleum Regulatory...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has unveiled two projects aimed at enhancing transparency and regulatory oversight in the upstream sector of the nation’s oil and gas industry.
These initiatives underscore NUPRC’s commitment to its mandate as both a technical and commercial regulator. The...
Europa Oil & Gas announced that an additional 716 BCF of unrisked Prospective Resources have been identified on the EG-08 block bringing the total gross unrisked Mean Prospective Resources on the block to 2.116 TCFe. Offshore Equatorial GuineaFollowing the acquisition of a 42.9% equity...
…..Visits Galileo Technologies LNG Production Plant in Argentina
FrazEnergy Limited a gas processing and treatment company and subsidiary of Oilserv Limited has disclosed that the company has concluded its groundbreaking technology adaptation trip to Buenos Aires, Argentina, alongside with staff of the Nigerian Midstream and...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has released further update on the ongoing Nigeria 2024 Licencing Round. According information made available on the portal as displayed on its website, the Nigeria upstream regulatory body informed the prospective investors of additional oil field acreages...
TotalEnergies announces that its subsidiary TotalEnergies EP Nigeria signed a sale and purchase agreement (SPA) with Chappal Energies for the sale of its 10% interest in the SPDC JV licenses in Nigeria.
In a resilient effort to forestall incessant crude oil theft and pipeline vandalism in the nation’s oil and gas sector and subsequently ramping up the crude oil production, the Minister of Petroleum (Oil) Honorable Sen. Heineken Lokpobiri has held a Strategic Security Stakeholders’ Meeting...
...Mulls Stronger Laws Against Crude Oil Theft, Vandalism
The National Assembly has thrown its weight behind NNPC Limited's ongoing efforts to boost Nigeria’s crude oil production and grow its reserves, saying it will consider stiffer consequences for crude oil thieves and vandals of the...
In a palpable bid to stop the incessant pipeline vandalism leading to crude oil theft and economically shortchanging accrued foreign exchange earnings of Nigeria nation, a company owned by Niger Delta freedom fighter, Government Ekpemupolo Tantita Security Services Limited (TSSL) Ltd was awarded a-three-year...
In the course of resilient pursuits of the current administration of President Bola Ahmed Tinubu towards ramping up the crude oil production in the Nigerian oil and gas sector, the Federal Executive Council's has approvals award of contract for...
As part of efforts to boost the participation of indigenous firms in the gas sector, Minister of State Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo today paid a visit to LEE Engineering and Construction Company Ltd ultra modern state-of-the-art fabrication yard in Warri, Delta...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced a strategic partnership with an Argentinian Tech Company, Galileo towards reduction of Gas flaring within the Nigerian Oil and Gas Industry.The collaboration aims to leverage on innovative modular technology to support the Nigerian Gas Flare...
FrazEnergy Limited a subsidiary of Oilserv Limited a pipeline infrastructural development company has announced its partnership with Galileo Technologies of Argentina to build a gas processing plant in Kwale Delta State Nigeria. With this unprecedented investment stride, FrazEnergy is expected to unlock about 5mmscf...
…As NNPC Plans to Build Three LNG Stations, 100 CNG Sites
The Group Chief Executive Officer of NNPC Limited Mallam Mele Kyari has declared that the drive to bring Compressed Natural Gas (CNG) closer to Nigerians has since commenced and is irreversible. Kyari, disclosed...
…As NNPC Plans to Build Three LNG Stations, 100 CNG Sites
The Group Chief Executive Officer of NNPC Limited Mallam Mele Kyari has declared that the drive to bring Compressed Natural Gas (CNG) closer to Nigerians has since commenced and is irreversible. Kyari, disclosed...
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