Dangote Refinery IPO Approved by Nigeria’s SEC
Nigeria’s SEC has approved the IPO of Dangote Refinery, which could raise $1.63 billion and support plans to double the facility’s capacity to 1.4 million barrels per day (mmbbl/d).
Nigeria | Egypt Oil & Gas
Nigeria Approves New Offshore Oil and Gas Incentives to Attract $50 Bn
Nigeria has introduced a new regulatory and fiscal framework aimed at attracting up to $50 billion in offshore oil and gas investments and accelerating delayed projects, including Shell’s $10 billion Bonga South W ...
ExxonMobil to Invest $1 Billion in Nigeria
ExxonMobil and its partners will invest $1 billion in the Usan Infill Project offshore Nigeria, a development expected to add about 40,000 barrels per day (bbl/d) of crude oil production, ExxonMobil Nigeria Managi ...
Baker Hughes Wins Lifecycle Services Contract for ANOH Gas Plant in Nigeria
Baker Hughes has secured a contract from ANOH Gas Processing Company to deliver comprehensive lifecycle services for turbomachinery equipment at the ANOH Gas Processing Plant in Nigeria.
Halliburton Awarded Integrated Drilling Services Contract from Shell Nigeria for HI Gas Field Development
Halliburton, one of the leading oil and gas innovative companies, has been awarded an Integrated Drilling Services (IDS) contract, from Shell Nigeria Exploration and Production Company (SNEPCo), in partnership wi ...
TotalEnergies, SAPETRO Sign PSC for Nigerian Offshore Blocks
TotalEnergies has signed a Production Sharing Contract (PSC) with South Atlantic Petroleum (SAPETRO) for two offshore exploration licenses in Nigeria. Under the deal, TotalEnergies will operate the licenses with a ...
Nigeria’s President Tinubu to Bring Bold Energy Reforms to AEW 2025 Stage
African Energy Week (AEW) 2025: Invest in African Energies, is proud to announce that Bola Ahmed Tinubu, President of the Federal Republic of Nigeria, will address delegates at Africa’s premier energy event in Cap ...
Falling Crude Prices Slows Down an Oil-Backed Deal between Aramco and Nigeria
Nigeria and Saudi Arabia’s state oil giant, Aramco, are facing challenges in finalising a landmark $5 billion oil-backed loan, according to Reuters. The falling crude prices have raised concerns among banks expect ...
ExxonMobil to Invest $1.5B in Nigerian Oilfield
Nigeria’s oil regulator stated that ExxonMobil will invest $1.5 billion in developing its deepwater operations in the country.
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 ...
