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30-10-2014 22:52:00 | by: Administrator | hits: 8437451 | Tags:

Petrogress, Inc. announces expansion to Nigeria
23-02-2018 | 10:32:00
Petrogress Int’l, LLC, a subsidiary of Petrogress, Inc. has entered into a Memorandum of Understanding and a Partnership Agreement with A&E Petroleum Co. Limited, a Nigerian corporation.
[Mozambique] Anadarko petroleum announces sale and purchase agreement of natural gas with with Électricité de France
22-02-2018 | 13:00:00
Anadarko Petroleum Corporation has announced MozambiqueLNG1 Company Pte. Ltd., the jointly owned sales entity of the Mozambique Area 1 co-venturers, has entered into a long-term LNG Sale and Purchase Agreement (SPA) with Électricité de France.
Kosmos Energy hails approval of inter governmental cooperation between Mauritania and Senegal on gas exploration
21-02-2018 | 06:06:00
International oil company, Kosmos Energy has confirmed that the governments of Mauritania and Senegal have signed an agreement enabling development of cross-border Tortue natural gas field to continue moving forward.
Noble Energy announces execution of sales agreements for export of gas to Egypt
20-02-2018 | 13:19:00
American petroleum and natural gas exploration and production company Noble Energy, Inc. has signed agreements to sell significant quantities of natural gas from the Leviathan and Tamar fields to Dolphinus Holdings Limited to supply gas in Egypt.
SloanLED awarded Engen project to roll out LED technology in South Africa
20-02-2018 | 09:07:00
SloanLED, a company providing LED technology, has won a national rollout LED lighting upgrade with Engen, one of Africa’s leading energy companies.
[Nigeria] GE to increase output of Shell Petroleum’s Afam VI plant
15-02-2018 | 13:20:07
General Electric’s power service business has signed a Multi- year Service Agreement with Shell Petroleum for its 650MW Afam VI combined cycle power plant located in the South-eastern part of the country.
Total sells 25 per cent stake in South African exploration block to Qatar Petroleum
06-02-2018 | 06:24:00
Integrated oil and gas company Total has signed an agreement to sell a 25 per cent interest in the Exploration Block 11B/12B, offshore South Africa, to Qatar Petroleum.
Kosmos Energy completes drilling of well in offshore Senegal, yields no gas
06-02-2018 | 06:08:00
American oil international company Kosmos Energy has completed drilling the Requin Tigre-1 exploration well located in Senegal’s Saint Louis Offshore Profond block.
[Nigeria] Oando appoints Muntari Muhammed Zubairu as Director
05-02-2018 | 09:01:00
Oando hereby notifies the shareholders and other stakeholders of the appointment of Mr. Muntari Muhammed Zubairu as Group Chief Corporate Services and Operations Officer.
[Nigeria] Erin Energy discovers Hydrocarbons in its Oyo-NW Well
01-02-2018 | 10:01:00
Erin Energy Corporation today announced that it has completed the drilling of the Oyo-NW well and, based on preliminary evaluation, it has discovered hydrocarbons in the Miocene Formation.
Nigerian Well Intervention Highlighted at OWI WCA | Accra, March 7-8
30-01-2018 | 16:03:00
As the largest producer in West Africa, Nigeria is quickly becoming a hotspot for well intervention activity
Nigerian Federation owes NNPC N170.6b outstanding subsidy payments
30-01-2018 | 08:28:00
The Nigerian National Petroleum Corporation Monday in Abuja revealed that the Nigerian Federation was indebted to the corporation to the tune of N170.6 billion outstanding subsidy payments due from January 2006 to December, 2015.
Total strikes deal to build Kenya’s Lamu crude oil pipeline
29-01-2018 | 14:07:00
French firm Total SA has committed to invest in the Lokichar-Lamu pipeline, boosting Kenya’s efforts to develop its own oil fields and realize its ambition of joining the league of oil exporters.
[Nigeria] NPDC targets 500,000 barrels of crude oil per day production
29-01-2018 | 11:00:00
The Nigerian Petroleum Development Company, one of the upstream subsidiaries of the Nigerian National Petroleum Corporation, will increase its daily crude oil production to 500,000 barrels per day before 2022.
Yokogawa receives EPMS and SCADA order for Egypt's national gas grid
29-01-2018 | 08:43:00
Yokogawa Electric Corporation announces that its subsidiary, Yokogawa Middle East & Africa, has received an order from the state-owned Egyptian Natural Gas Company, operator of the country’s national gas grid, to supply a gas pipeline management and control system.
[Nigeria] Oando announces the appointment of Alhaji Bukar Aji as Non-Executive Director
29-01-2018 | 08:23:00
Oando has appointed Alhaji Bukar Aji OON as a Non-Executive Director of the Company in accordance with Article 88 of the Company’s articles of association, effective as 19 January, 2018.
[Burkina Faso] African Legal Support Facility trains WAEMU members in oil exploration and opportunities
29-01-2018 | 08:14:00
The African Legal Support Facility (ALSF) organized two workshops in Ouagadougou, Burkina Faso, on best practices for managing oil and mining exploration and exploitation contracts.
[Nigeria] NNPC records $239.10m crude oil export sales
25-01-2018 | 07:06:00
The Nigerian National Petroleum Corporation, NNPC posted a total crude oil and gas export sale of $239.10Million in the month of November, 2017.
[Kenya] French firm Total SA commits to Lokichar-Lamu oil pipeline
24-01-2018 | 05:56:00
French oil firm Total SA has confirmed its commitment to the Lokichar to Lamu oil pipeline as the only evacuation route for Kenya’s crude from the Lokichar fields.
Nigerian National Petroleum Corporation to build more depots, expand market share
23-01-2018 | 08:18:00
Nigerian National Petroleum Corporation (NNPC) is to build more depots across the Country.
[Nigeria] NNPC targets huge investments in Nigeria’s oil & gas industry
22-01-2018 | 08:32:00
The Nigerian National Petroleum Corporation (NNPC) is eyeing massive investments in the nation’s Oil and Gas Industry with a view to improving the nation’s revenue and creating jobs for the citizenry.
[Tanzania] Orca Exploration announces closing of the first tranche of the Swala Oil and Gas investment
19-01-2018 | 12:56:00
Natural gas exploration company Orca Exploration Group says the escrow release conditions have been met regarding the first tranche of the previously announced investment of up to $130 million by Swala Oil & Gas Tanzania in the Orca Group.
ExxonMobil acquires exploration acreage offshore Ghana
19-01-2018 | 06:34:00
International energy company ExxonMobil has signed a petroleum agreement with the government of Ghana to acquire exploration and production rights for the Deepwater Cape Three Points block.
[Nigeria] NNPC to partner Women Body in promoting study of Engineering among female children
18-01-2018 | 09:47:00
The Nigerian National Petroleum Corporation says it is ready to collaborate with the Association of Professional Women Engineers of Nigeria (APWEN) to encourage female children to study Engineering.
Sonangol Interview Discusses Enhanced Production in Angola
16-01-2018 | 11:31:00
With production decline a common challenge to offshore production in mature fields globally, operators in West Africa are taking advantage of innovative technical developments
[Kenya] Martin Kimani appointed Kenol Kobil General Manager
16-01-2018 | 07:12:00
Oil marketer KenolKobil PLC has appointed Mr. Martin Kimani as the General Manager for Kenya.
South African Government reaches agreement on potential acquisition of Chevron South Africa by Sinopec
12-01-2018 | 06:32:51
Sinopec - one of China's largest state-owned companies - has undertaken to invest R6 billion in South Africa to upgrade and modernize the Cape Town-based oil refinery owned by Chevron South Africa.
Milost Global acquires Primewaterview Holdings Nigeria
11-01-2018 | 12:01:00
American private equity firm Milost Global Inc. has announced that, together with its African subsidiary, Isilo Capital Partners it has closed the acquisition of a 100 percent interest in Primewaterview Holdings Nigeria Limited.
254 companies bid for purchase of Nigerian crude grades
11-01-2018 | 10:52:00
A total of 254 indigenous and foreign owned entities have submitted bids for the sale and purchase of the Federal Government equity crude under the 2018/2019 crude oil term contracts.
Notore Chemical Industries' new free zone enterprise opens Nigeria to foreign investment
10-01-2018 | 07:42:00
The creation of a new Oil and Gas Free Zone in Nigeria will become Africa’s largest petrochemical processing hub - paving the way for renewed foreign investment in the region.
[Nigeria] Escravos-Lagos pipeline resumes gas supply
09-01-2018 | 08:03:02
The Escravos-Lagos Pipeline which came down last week as a result of a fire incident has been restored and gas supply to customers on the line including power generating companies resumed.
[Tanzania] Orca Exploration finalizes terms for $130 million investment by Swala Oil and Gas
08-01-2018 | 09:28:30
Orca Exploration Group Inc. has executed and delivered into escrow definitive agreements providing for an up to $130 million investment by Swala Oil & Gas Tanzania plc in the Orca Group.
No plan to increase pump price of petrol - Nigerian National Petroleum Corporation
08-01-2018 | 08:45:00
The Nigerian National Petroleum Corporation has no plan to execute an increase in the pump price of Premium Motor Spirit, otherwise called petrol.
BWSC gets $150.26m contract to build power plant in Benin
04-01-2018 | 11:47:00
The Danish power plant specialist Burmeister & Wain Scandinavian Contractor, in consortium with MAN Diesel and Turbo, has been awarded a US$150.26mn contract to build a 120MW gas-fired power plant in Benin.
Spain's Repsol starts production from Reggane Project in Algeria
04-01-2018 | 09:25:05
Repsol has started production from the Reggane Nord gas fields in Algeria, marking the completion of one of the company’s most significant projects in Africa.
Shell Egypt and Al-Mansour Automotive strike up new partnership
03-01-2018 | 12:45:00
Al-Mansour Automotive, official distributor of Chevrolet and Opel vehicles in Egypt, signed a partnership contract with Shell Egypt to be the exclusive engine oils and lubricants supplier of the company’s service centres.
Nigeria Government approves LPG extraction plant in Rivers State for Green Energy
03-01-2018 | 11:45:00
The Federal Government has approved the establishment of a Liquefied Petroleum Gas extraction plant at Ikuru Town in Rivers state for Green Energy International Ltd, the Operator of the Otakikpo marginal field in OML 11.
[Libya] Operations resume at the Abu Attifel field gas plant
03-01-2018 | 10:15:00
The gas plant at Abu-Attifel Field in Libya resumed production on 27 December 2017, after the completion of its maintenance, said NOC National Oil.
[Nigeria] NNPC distributes over 1.3 billion litres of petroleum products
02-01-2018 | 07:50:26
The Nigerian National Petroleum Corporation, through its Downstream subsidiary, the Petroleum Products Marketing Company, sold and distributed a total of 1.352.86 billion litres of white products across the country in October, 2017.
Rivers State Government, Shell Nigeria Gas sign MoU on gas supply to Industries
28-12-2017 | 09:03:00
The Rivers State Government and Shell Nigeria Gas (SNG) have signed a Memorandum of Understanding (MoU) for the distribution of gas to industries in the Greater Port Harcourt area and its environs.
[Nigeria] NNPC attains 98 per cent automation of crude oil marketing operations
27-12-2017 | 08:03:00
The Nigerian National Petroleum Corporation (NNPC) has achieved 98 per cent automation of all transactions involving the supply, marketing and sale of the various grades and blends of Nigeria’s crude oil across the world.
USAID promotes strategic partnerships in Ghana’s oil and gas sector
21-12-2017 | 13:18:12
As part of a program to improve the competitiveness of local businesses, the United States Agency for International Development (USAID) and the Government of Ghana have held a conference for stakeholders in the oil and gas sector.
[Nigeria] NNPC petroleum products distribution, sale increase by 29 per cent
20-12-2017 | 08:15:00
The Nigerian National Petroleum Corporation distributed and sold about 1.3billion litres of petroleum products throughout the country in the month of September, 2017.
[Angola] Sonangol and Cobalt announce $500 million oil dispute settlement
20-12-2017 | 07:00:00
The Angolan National Concessionaire Sociedade Nacional de Combustíveis de Angola, Sonangol, and Cobalt International Energy have signed an agreement to resolve all disputes and transition Cobalt’s interests in Blocks 20 and 21 offshore Angola.
Nigerian High Court grants Aiteo’s Benedict Peters global judgment in rem - declares earnings legitimate
19-12-2017 | 13:00:00
The High Court sitting in the Federal Capital Territory, Nigeria has declared that earnings and assets accruing to Oil magnate and Aiteo Energy boss, Benedict Peters were acquired legally through legitimate sources.
[Algeria] Eni and Sonatrach strengthen cooperation in renewables
19-12-2017 | 10:18:00
The Chairman and General Director of Sonatrach Abdelmoumen Ould Kaddour and the Chief Executive Officer of Eni Claudio Descalzi have signed in Aa Memorandum of Understanding for the development of a partnership in the renewables sector in Algiers.
[South Africa] Fluor picked for construction management contract of Vopak fuel storage terminal in Durban
19-12-2017 | 05:45:00
Fluor Corporation has been awarded an engineering, procurement and construction management contract by Vopak Terminal Durban (Pty) Ltd. to deliver the Vopak Growth 4 Project in Durban, South Africa.
[Nigeria] NNPC adopts 24 hour depot, retail services to clear fuel queues
18-12-2017 | 10:15:00
The Nigerian National Petroleum Corporation (NNPC) has stated that its adoption of a 24-hour depot and retail services cleared the fuel queues in Abuja, Lagos and many states across the country.
[Mozambique] ExxonMobil acquires 25 per cent stake of gas rich Area 4 from Eni
14-12-2017 | 11:37:00
ExxonMobil has completed a transaction by ExxonMobil Development Africa B.V. to acquire a 25 percent indirect interest in Mozambique’s gas-rich Area 4 block from Eni and assume responsibility for midstream operations.
[Nigeria] NNPC assures local investors of support as multi-million naira tank farm opens in Ogun State
14-12-2017 | 10:13:01
The Nigerian National Petroleum Corporation (NNPC) will continue to offer unflinching support to indigenous private investors in the nation’s Oil & Gas Industry.
[Nigeria] 577 firms bid for NNPC insurance renewal program
12-12-2017 | 08:21:43
The Nigerian National Petroleum Corporation consolidated on its tradition of openness and on Tuesday with the public harvesting and opening of 577 bids submitted by firms seeking to secure the insurance renewal contract for the Corporation’s oil and non-oil assets.
Erin Energy announces the spud of Oyo-NW Well in Nigeria
07-12-2017 | 08:54:12
Erin Energy Corporation today announced it has commenced drilling of the Oyo North West well (Oyo-NW). Oyo-NW is a high-impact exploration well being drilled with the Pacific Bora, asixth-generation drilling rig, on the Company’s offshore Nigeria block 120.
Vivo Energy and Engen Holdings enter into share transaction
04-12-2017 | 13:58:40
Vivo Energy Holding B.V. has agreed to enter into a share transaction with Engen Holdings (Pty) Limited, a 100% subsidiary of Engen Limited, in relation to the purchase of shares in Engen International Holdings (Mauritius) Limited.
Ghana hopes for reliable and cheap gas supply with Eni project
04-12-2017 | 11:18:31
The Prime Minister of Italy Paolo Gentiloni and the CEO of Eni Claudio Descalzi visited the FPSO Kufuor, the Floating Production, Storage and Offloading unit in Ghana’s offshore.
SPDC Nigeria, bio-bean and coffee-drinkers collaborate to help power London’s buses
04-12-2017 | 06:15:00
Shell and bio-bean are helping to power some of London’s buses using a biofuel made partly from waste coffee grounds, a development that has triggered renewed challenge to Nigerian beneficiaries of Shell’s LiveWIRE program.
Africa Oil partners with Eco Atlantic Oil and Gas for exploration in West Africa
01-12-2017 | 11:40:00
Africa Oil Corp has entered into a strategic partnership with Eco Atlantic Oil and Gas Ltd. for exploration in West Africa and Guyana.
Hungary eyes Nigerian crude oil, LNG
30-11-2017 | 10:41:00
At a time that international crude oil market is getting more competitive, the Hungarian Government has indicated interest to purchase crude oil and Liquefied Natural Gas from Nigeria.
Tullow Oil secures $2.5b debt refinancing
29-11-2017 | 11:00:00
Tullow Oil is pleased to announce that it has completed the refinancing of US$2.5 billion of Reserves Based Lending credit facilities.
[Nigeria] NNPC Retail to promote consumption of LPG
29-11-2017 | 08:43:00
The retail arm of the Nigerian National Petroleum Corporation, NNPC Retail Limited, has declared it determination to promote the consumption of Liquefied Petroleum Gas, otherwise called cooking gas.
[Nigeria] SPDC JV’s Afam VI power plant secures licence for another 10 years
28-11-2017 | 10:45:00
The Nigeria Electricity Regulatory Commission has renewed the power generation licence for Afam VI Power Plant, a 650MW-capacity facility that has delivered over 25.97 million Megawatt-hour (MWh) of electricity into the Nigerian grid since inception in 2008.
Eni becomes operator of Cabinda North, strengthens presence in upstream, downstream, trading and renewable sectors in Angola
28-11-2017 | 09:30:00
Eni’s CEO Claudio Descalzi and Sonangol’s Chairman of the Board of Directors Carlos Saturnino have signed an agreement that assigns operatorship of Cabinda North block to Eni, as well as 48% the block’s rights.
[Nigeria] NNPC justifies 2.3mbpd for 2018 budget
28-11-2017 | 09:00:00
The Nigerian National Petroleum Corporation has said the Federal Government’s 2.3 million barrels per day crude oil projection for the 2018 Budget is achievable and realistic.
[Nigeria] NNPC, Kebbi State partner on 84million litres of fuel-ethanol project
27-11-2017 | 08:48:00
The Nigerian National Petroleum Corporation has signed a Memorandum of Understanding (MoU) with the Kebbi State Government to build an 84 million litres per annum capacity fuel-ethanol project.
[Nigeria] NNPC secures $3.7bn alternative financing
23-11-2017 | 10:28:00
The Nigerian National Petroleum Corporation has secured a total of $3.7bn in Alternative Financing Agreement in the last three years.
[Nigeria] NNPC completes 539km of Gas Pipeline projects
22-11-2017 | 08:41:00
The Nigerian National Petroleum Corporation has so far completed, commissioned and delivered 500km of gas pipelines between 2010 to date as part of an aggressive expansion of gas pipeline infrastructure across the country.
[Nigeria] NNPC reviews corporate Governance to create fraud proof system
20-11-2017 | 08:51:00
The Management of the Nigerian National Petroleum Corporation is executing a major restructuring of its corporate governance framework to engender an accountable and fraud repellent system across its value chain.
[Nigeria] NNPC, Chevron wrap up $1.7b deal to increase crude oil, gas production
20-11-2017 | 08:10:47
Nigerian National Petroleum Corporation and Chevron Nigeria Limited have executed the second and final phase of an Alternative Financing Agreement that would increase crude oil production in the country by about 39,000 barrels per day.
GE’s hardware and digital upgrades increase output at Azito Power Plant in Ivory Coast
16-11-2017 | 06:47:00
To improve performance and visibility into plant and turbine operations, GE’s Power Services business has signed an agreement with Azito Energie S.A. to upgrade two gas turbines at the company’s combined-cycle power plant.
[Nigeria] NNPC to promote In-Country Technology
15-11-2017 | 08:55:00
The Nigerian National Petroleum Corporation (NNPC) has pledged to promote the development and commercialization of home-grown technology in collaboration with the Nigerian Content Development and Monitoring Board.
[Nigeria] NNPC/Agip JV to increase power generation by 480MW
08-11-2017 | 10:03:00
The Nigerian National Petroleum Corporation and the Nigerian Agip Oil Company Joint Venture is set to boost the Federal Government power generation aspiration by 480 megawatts through the completion of its Okpai Phase II Independent Power Project by 2019.
Nigerian National Petroleum Corporation intensifies oil search in Benue Trough
06-11-2017 | 09:08:00
Following the flag-off of oil search on the Nasarawa State end of the Benue Trough last week, the Nigerian National Petroleum Corporation has commenced a move to mobilize for oil exploration in the Benue State sector of the Benue Trough.
USTDA connects U.S companies to natural gas opportunities in South Africa
06-11-2017 | 06:52:58
The U.S. Trade and Development Agency awarded a grant to the GreenCape Sector Development Agency for a feasibility study to assess the market demand, socio-economic impacts, and key risks of a proposed integrated liquefied natural gas (LNG) importation .
Nigeria's excess oil revenue hits $36.6m daily
02-11-2017 | 09:35:39
Nigeria's excess oil revenue has risen to N11.1 billion ($36.6 million) daily as the price of crude oil hits $60.44 per barrel in the international market.
Assala Energy completes acquisition of Shell Gabon onshore assets for $628 million
02-11-2017 | 08:29:15
Carlyle-backed Assala Energy has completed the acquisition of Shell’s onshore assets in Gabon, Africa, for a total of USD $628 million including an amount equivalent to interest.
[Nigeria] Oando announces YTD September 2017 Results, posts N7.1b Profit-After-Tax
02-11-2017 | 08:27:00
Oando PLC, Nigerian indigenous energy group listed on both the Nigerian and Johannesburg Stock Exchange, today announces unaudited results for the nine months period ended 30 September, 2017, with the following highlights:
[Nigeria] NNPC to establish biofuel plant in Ondo
02-11-2017 | 07:54:00
The Nigerian National Petroleum Corporation (NNPC) has signed a Memorandum of Understanding (MoU) with the Ondo State Government to establish a 65,000 million litres per annum biofuel plant in Okeluse, Ondo State.
Kosmos Energy provides update on exploration drilling program offshore Mauritania
01-11-2017 | 05:52:41
American international oil company Kosmos Energy has completed drilling the Hippocampe-1 exploration well located in Block C-8 offshore Mauritania in approximately 2,600 meters of water.
[Nigeria] NNPC to begin oil exploration in Nasarawa State
27-10-2017 | 07:40:00
Oil search in the nation’s inland basins received a fresh impetus following the commencement of exploration activities in the Benue Trough by the Nigerian National Petroleum Corporation.
Nigeria’s Gas Flare Rate now at 12%
26-10-2017 | 11:00:00
The Gas flare rate in Nigeria stands at 12.00 per cent, the Nigerian National Petroleum Corporation Monthly Financial and Operations Report for August has revealed.
Total increases lubricant production capacity in Nigeria
26-10-2017 | 07:29:19
TOTAL Nigeria has commissioned the second High Speed Filling Machine in its Lubricant Blending Plant in Koko, Delta State in October 2017.
Hess Corporation reaches amicable tax settlement with Equatorial Guinea
25-10-2017 | 06:04:33
The Ministry of Mines and Hydrocarbons of Equatorial Guinea, Hess Corporation and its license partners have reached a $220-million settlement on tax issues related to the companies’ interests in two producing oilfields, Ceiba and Okume.
Libyan oil output nearing ceiling, oil firm study says
24-10-2017 | 08:28:39
However hard it tries, the National Oil Corporation is unlikely to push Libyan oil production beyond its year-end target of 1.25 million bpd, says a study from leading international oil firm Wood Mackenzie.
Kosmos Energy acquires Hess Corp. assets in Equatorial Guinea
24-10-2017 | 06:14:01
The assets of Hess Corporation in Equatorial Guinea will be acquired by Kosmos Energy, the Ministry of Mines and Hydrocarbons has announced.
Kosmos Energy enters Equatorial Guinea with three new oil and gas contracts
23-10-2017 | 12:41:00
The Ministry of Mines and Hydrocarbons of Equatorial Guinea, Kosmos Energy of the US and national oil company GEPetrol have signed three new production sharing contracts (PSC) for Block EG-21, Block S and Block W offshore Rio Muni.
[Nigeria] NNPC stocks two billion litres of petrol for hitch-free year-end supply
23-10-2017 | 07:45:00
The Nigerian National Petroleum Corporation has a stock of over two billion litres of Premium Motor Spirit (PMS), also known as petrol, to ensure a hitch-free end-of-year movement of motorists.
[Egypt] Eni completes sale of a 30 per cent stake in the Shorouk concession to Rosneft
18-10-2017 | 09:45:46
Italian multinational oil and gas company Eni has finalized the sale of a 30 per cent stake in the Shorouk concession, where the super-giant Zohr gas field is located, to Rosneft.
Ophir Energy signs exploration contract for New Equatorial Guinea's oil and gas block
18-10-2017 | 06:54:34
The Ministry of Mines and Hydrocarbons, Ophir Energy and national oil company GEPetrol have signed a new production sharing contract (PSC) for Block EG-24 offshore Rio Muni, Equatorial Guinea.
Shell Nigeria Gas donates labs, ICT centre to community school
17-10-2017 | 07:53:00
The Shell Nigeria Gas has donated an ultramodern ICT Centre and well-equipped science laboratories to African Church Community Secondary School in Ewupe, a community hosting the company’s facilities in Ota area of Ogun State.
[Nigeria] NNPC to reinvigorate exploratory activities in Seven Inland Basins
16-10-2017 | 08:06:59
As part of strategies to shore up the nation’s reserve base, the Nigerian National Petroleum Corporation (NNPC) will reinvigorate exploratory activities in the seven hydrocarbon basins in the country.
Tullow Oil awarded four licences in Côte d’Ivoire
12-10-2017 | 09:05:00
Tullow Oil is pleased to announce that it has acquired 90% stakes in four onshore blocks in Côte d’Ivoire.
[Nigeria] NNPC Group MD encourages investors to establish oil refinery in Akwa Ibom State
12-10-2017 | 08:40:00
The Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Dr. Maikanti Kacalla Baru, has said that he had engaged investors to establish a refinery in Akwa Ibom State.
Oranto Petroleum signs exploration agreements for two licenses in Uganda’s Lake Albert
11-10-2017 | 06:14:00
Oranto Petroleum has signed two production sharing agreements (PSA) in the Ngassa Shallow and Deepwater Play of Lake Albert in Uganda.
CH2M wins marine engineering support contract on BP project developing offshore gas fields in Senegal and Mauritania
11-10-2017 | 06:06:00
CH2M has been awarded a new marine engineering support contract on BP's innovative Tortue development offshore Mauritania and Senegal.
OPEC oil output climbed in September as Libya and Nigeria recover
10-10-2017 | 11:44:18
OPEC nations pumped slightly more crude in September as Libya’s biggest oil field returned to production.
Total partners with National Office of Petroleum of Guinea in offshore oil exploration
10-10-2017 | 09:19:00
Total and the National Office of Petroleum of Guinea (ONAP) have signed a Technical Evaluation Agreement to study deep and ultra deep offshore areas located off the coast of Guinea Conakry.
SDX Energy disccovers oil at Rabul 2 Well in Egypt
09-10-2017 | 12:45:00
SDX Energy Inc., the North Africa focused oil and gas company, is pleased to announce that an oil discovery has been made by the Rabul 2 Well in the West Gharib Concession in Egypt.
Nigerian National Petroleum Corporation records $471.9m export receipts
09-10-2017 | 07:20:00
The Nigerian National Petroleum Corporation, NNPC has announced a total export receipt of $471.90 million for the month of July 2017 as against $219.34 million posted in June 2017.
Shell launches NXplorers Education Initiative in Nigeria
05-10-2017 | 08:25:00
Shell has launched its global education initiative, NXplorers, in Nigeria, in the latest effort to inspire young people to find solutions to the global challenges of food, water and energy in the face of an increasing global population.
PetroSA, South Africa's national oil company, records loss for the year
05-10-2017 | 08:19:00
The Petroleum Oil and Gas Corporation of South Africa SOC Ltd. (PetroSA), has recorded a loss for the year of R1.4billion for 2016/17 (2016: R449 million loss).
Erin Energy Provides Operational Update on Oyo 9 drilling in Nigeria
05-10-2017 | 08:05:00
Erin Energy has announced that funding commitment has been obtained to drill our high-impact Miocene exploration well. Site survey of drilling location has been completed and the well is planned to be spudded during this quarter.