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Oil & Gas
Saipem Wins $900M EPCI Contract From Shell’s $5BN Offshore Project in Nigeria
Saipem, in a consortium with two Nigerian companies, has secured an offshore contract worth around $1 billion with Shell for a deepwater oil and gas project off
Oil & Gas
NUPRC to Launch New Oil Licensing Round in 2025
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has disclosed plans to hold another oil licensing bid round in 2025.NUPRC Chief Executive Officer
Oil & Gas
Oil Spill Occurs in Nigeria Due to Pipeline Rupture
An oil spill occurred at the Shell loading terminal in Nigeria’s Delta region after a pipeline ruptured, Nigeria’s maritime agency said on 15 Novemb
Oil & Gas
Nigeria’s Oil Sector Gets 30,000BPD Boost
In a landmark development for Nigeria’s oil and gas sector, Oriental Energy Resources Limited has launched a $315 million Floating Production, Storage, an
Oil & Gas
Nigeria’s Crude Oil Output to Increase as Shettima Inaugurates $315M FPSO in Dubai
Nigeria’s crude oil production will rise by 30,000 barrels per day (bpd) as Vice President Kashim Shettima inaugurated Oriental Energy Resources Limited&r
Oil & Gas
Dangote Refinery Extends Export to Three African Countries
The Dangote refinery has exported Premium Motor Spirit (petrol) to Cameroon, Angola, Ghana, and South Africa in the past few weeks.The Vice President of Oil and
Oil & Gas
Nigeria Retains Top Spot as Africa’s Biggest Oil Producer
The Organisation of the Petroleum Exporting Countries (OPEC) has disclosed that Nigeria retained its position as the largest oil producer in Africa.OPEC, in its
Oil & Gas
Oil Production Hits 1.7mbpd – FG
The Federal Government has declared that Nigeria’s oil production, including condensates, increased by 9.9 per cent to 1.69 million barrels per day in Nov
Oil & Gas
OPEC Daily Crude Output up 0.5% in Nov.
Crude oil production from the Organization of Petroleum Exporting Countries (OPEC) increased by 0.5%, or by 104,000 barrels per day (bpd), in November to averag
Oil & Gas
Equinor Exits Nigeria, Completes $1.2bn Asset Sale to Chappal Energies
Equinor (EQNR.OL) has officially announced its exit from Nigeria after three decades of operations, concluding the sale of its assets to Chappal Energies for $1
Oil & Gas
Bauchi Restates Support for Oil Exploration
The Bauchi State Government has reaffirmed its commitment to supporting the actualisation of crude oil exploration at the Kolmani Oil Field, pledging to provide
Oil & Gas
Oando Raises Oil Production Output by 50%
Oando Plc says it has increased its crude oil production output by almost 50 per cent in three months.It said the achievement followed the acquisition of Nigeri
Oil & Gas
Oil Producers Finalise $1.2b Acquisition as Norwegian Firm Exits Nigeria
Nigeria’s independent oil producer, Chappal Energies, has finalised the $1.2 billion acquisition of Norwegian oil giant, Equinor Nigeria Energy Company (E
Oil & Gas
Nigerians Are Switching Cars to Compressed Natural Gas After Petrol Prices Surge
Long queues of cars are a common sight at petrol stations across Nigeria, but for some drivers turning to compressed natural gas, pumps are becoming a thing of
Thermal Power
Nigeria’s Lagos Invites Bids to Develop Up to 4 GW of Gas-Fired Power Plants
The State Government of Lagos (Nigeria) has invited bids for the development by independent power producers of up to 4,050 MW of gas-fired power plants in Lagos
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Most views from Nigeria
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Nigeria Lost 3,000 Barrels of Crude to Offshore Spill – Nosdra
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Nigeria’s Lagos Invites Bids to Develop Up to 4 GW of Gas-Fired Power Plants
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Oando Raises Oil Production Output by 50%
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OPEC Daily Crude Output up 0.5% in Nov.
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Oil Production Hits 1.7mbpd – FG
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Equinor Exits Nigeria, Completes $1.2bn Asset Sale to Chappal Energies