Nigeria | Egypt Oil & Gas - Part 12
Nigeria: NLNG Expansion Can Triple Gas Reserves
The construction of Trains 7 and 8 would require a total investment of as much as $25b, and would generate three times as much gas as the country’s proven reserves.
Aiteo Produces 90,000b/d of Oil in Nigeria’s OML 29
Aiteo announced it has achieved a peak production of 90,000b/d of oil in one year after its acquisition of Nigeria’s Oil Mining Lease (OML) 29.
Nigeria Destroys 80 Illegal Oil Refineries
Parallel to the military troops’ operations, the government has also been holding talks with militants to end the attacks on the country’s oil pipelines.
Nigeria Mulls Investment in Solar Power Projects
Senators in the capital of Abuja are debating allocation of $30m to solar projects in 2017’s budget.
Nigeria’s Crude Oil Exports to US Triple
Nigeria tripled the volume of it’s crude oil exports to the United States from last year, seven years after the US began depending less on Nigeria’s crude.
Lekoil Targets 10,000 b/d in Nigerian Otakikpo Field
Lekoil, an oil and gas exploration and development company has announced commencement of continuous production from the Otakikpo Marginal Field in OML 11.
Angolan Cargoes Find Buyers, Nigeria Witnesses Delays in Crude Loading
Angolan crude cargoes were steadily finding buyers while delays in the loading of Nigerian crude Qua Iboe were weighing on differentials.
Nigeria’s IOCs Relocate to Niger Delta
Nigerian’s acting president, Yemi Osinbajo, has directed the relocation of all International oil companies head offices in the country to the Niger Delta.
