Nigeria | Egypt Oil & Gas

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.

EU Looks to Nigerian Gas to Substitute Russia Supplies

In preparation for potential Russian supply cuts, the European Union wants additional gas supplies from Nigeria, said Matthew Baldwin, deputy director general of the European Commission's energy department.

OPEC Secretary General Muhammad Barkindo Passes Away

Nigerian authorities announced on Wednesday that the Secretary-General of the Organization of Petroleum Exporting Countries had passed away.

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