Nigeria | Egypt Oil & Gas - Part 10
NLNG Negotiates New Gas Contracts
Nigeria LNG (NLNG) started negotiating with potential buyers on contracts for gas supplies from Trains 1, 2 and 3, which together produce 9m tons/y of LNG.
Nigeria Reopens Warri Oil Refinery
Warri oil refinery resumed operations with 60% of its installed capacity after its shut down for a maintenance period due to technical operational issues.
Nigeria to Legalize Illegal Oil Refineries
The decision aims to bring peace to the Niger Delta region and came after growing demands made by community leaders.
NIPCO Acquires ExxonMobil’s 60% Stake in Mobil Oil Nigeria
NIPCO Investments Limited completed the acquisition of the 60% majority equity stake of ExxonMobil Oil Corporation in Mobil Oil Nigeria Plc.
Agip $13.5b Project Boosts Nigeria’s Oil Production
Nigeria’s daily crude oil production is expected to rise as the Nigerian Agip Exploration Limited (NAE) starts work on Zabazaba deep water project that is expected to gulp $13.5b.
Nigeria Reduces 26% of Gas Flaring
Nigeria's gas-flaring rates dropped from 36% in 2006 to 10% in 2016, pushing the country down from the second position as the highest gas-flaring nation to the seventh.
Nigeria: Lekoil and GE Collaboration
Lekoil Ltd signed a memorandum of understanding with GE Electric Co. to develop a work program for the Ogo field in OPL310 offshore Nigeria.
Nigeria Loses Oil buyers to the US
While Nigeria has been struggling to recover from the militant attacks that affected its crude oil productions and exports, the US crude oil exports emerged into markets that Nigeria used to dominate.
