Nigeria | Egypt Oil & Gas - Part 13
Nigeria Receives 128 Bids for Oil-for-Fuel Swaps
Nigeria's state oil company received 128 bids from companies that want to exchange processed fuels for as much as 800,000 b/d of unrefined crude in 2017.
Nigerian Oil Minister: OPEC Must Lower Production Costs
Nigerian Minister of Oil, Emmanuel Ibe Kachikwu said that Members of the Organization of the Petroleum Exporting Countries (OPEC) must lower production costs to compete better with shale producers.
Nigeria: NPDC to Witness a 500,000b/d Production Boost by 2020
The Nigerian Petroleum Development Company (NPDC) will see its production grow to 500,000 b/d by 2020, according to a new commitment made by the Nigerian National Petroleum Corporation (NNPC).
Nigeria: Shell Demands Security Measures to Reopen Pipeline
Nigeria wants Royal Dutch Shell to reopen a major export pipeline in the Niger Delta but the oil major wants better protection first.
Sirius Petroleum Raised $2m for Drilling in Nigeria
Sirius Petroleum has raised $2m in new capital for equipment mobilization deposits for the upcoming drilling campaign at the Ororo field, offshore Nigeria.
NNPC Recorded $2.45b Crude Oil Export in 2016
The Nigerian National Petroleum Corporation (NNPC) recorded $2.45b crude oil export sales in 2016.
Lekoil Started Oil Production from Nigeria
Lekoil started production at Otakikpo after it completed and commissioned a six kilometer long offshore pipeline.
Angola to Increase Its April Oil Exports
Angola will increase its April crude oil exports to 1.691mb/d, according to its provisional loading plan.
