Nigeria | Egypt Oil & Gas - Part 17
Oil to Fund 40% of Nigeria Fiscal Plan
Nigeria to focus on crude oil to fund the 2017 fiscal plan where oil mineral resources are projected to provide 40% of the revenue.
Oil Output at OML18 Reached 61,000b/d
San Leon Energy Plc said reperforation operations at wells in Oil Mining Lease (OML) 18 onshore Nigeria increased production to about 61,000b/d of oil.
Investors to Meet over Nigeria’s Brass LNG
The Nigerian National Petroleum Corporation (NNPC), Total, and Eni will meet early January to discuss the $15b Brass Liquefied Natural Gas (LNG) project located on Brass Island, Bayelsa State,.
Penspen, Crestech Signed Agreement in Nigeria
Penspen signed a strategic alliance agreement with Crestech Engineering to provide engineering, project management and asset integrity services and operation and maintenance services for oil, gas and energy assets in ...
Angola Led Africa’s Oil Production
Angola will close 2016 as the lead oil producer in Africa, having surpassed Nigeria by reaching a daily average of 1.7m barrels.
Nigeria’s Oil Reserves Reached 27b Barrels
The Nigerian National Petroleum Corporation (NNPC) has announced that the country’s oil and gas reserves has increased to 37b barrels.
Zabazaba, Etan to Yield $8b for Nigeria
The Nigerian Agip Oil Company, a subsidiary of Italian oil major Eni, has announced that the Zabazaba and Etan deep water project on Oil Prospecting License 245, will generate $8b for the Federal Government. Nigeria’s to Shutdown Bonga Field for Maintenance
Nigeria’s first deepwater project, Bonga fields, will be shut down for one month starting from mid-February, 2017 due to maintenance upgrade.
