Nigeria | Egypt Oil & Gas

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 ...

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.

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