Nigeria | Egypt Oil & Gas

Shell Further Develops Bonga North Deep-Water Project Offshore Nigeria

Shell Nigeria Exploration and Production Company Limited (SNEPCo), has reached a final investment decision (FID) on the Bonga North deep-water project, located in OML 118 offshore Nigeria. The project, which will ...

Equinor Completes Asset Sales in Nigeria, Azerbaijan for $2B

Equinor has completed the sale of its assets in Nigeria and Azerbaijan, realizing a total consideration of up to $2 billion. This marks the end of the Norwegian oil and gas company's operations in these two countr ...

EPROM Expands Global Reach with Strategic Partnership with Nigeria’s NETCO Limited

Egyptian Projects Operation & Maintenance (EPROM) has successfully signed a cooperation agreement with Nigerian company NETCO, marking a significant step in its global expansion strategy.

Nigeria’s Belemaoil Resumes Operations at OML 55 Oil Block After Three Year Shutdown

Nigerian independent oil producer Belemaoil Producing Ltd. has resumed operations at its Oil Mining Lease 55 (OML 55) after a three-year shutdown. The resumption of operations was marked by the arrival of the firs ...

TotalEnergies Sells Its Interest in SPDC JV, Retaining Interest in Gas Supply to Nigeria LNG

TotalEnergies EP Nigeria has signed a $860 million sale and purchase agreement (SPA) with Chappel Energies for the sale of its10% interest in the SPDC joint venture in Nigeria.

Nigeria to Start Operating Four Refineries by End of 2024

The new Nigerian Oil Minister, Heineken Lokpobiri announced it is predicted that four oil refineries will start operations by the end of the 2024.

Nigeria Set to Commission Dangote Refinery

Amid hopes of an end to Nigeria’s repeated fuel shortages, Dangote Petroleum Refinery will be commissioned. But the country’s main obstacle for achieving full production is the lack of crude supply.

Nigeria’s Production Decline Due to the Shutdown of Onshore Operations

Nigeria’s government data has shown that its oil production continued to fall down during September due to a halt in onshore production, Bloomberg reported.

Nigeria’s Buhari Approves Seplat’s Purchase of ExxonMobil’s Nigeria Unit

According to a statement released by the Nigerian government, Nigeria’s President Muhammadu Buhari has approved Seplat's purchase of ExxonMobil's Nigerian subsidiary, Reuters reported.

TotalEnergies Announces Start of Production at the Ikike Field in Nigeria

It is announced that TotalEnergies, the operator of the OML99 field (40%) and the Nigerian National Petroleum Corporation (NNPC, 60%) have started production at the Ikike field in Nigeria.

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