Nigeria | Egypt Oil & Gas - Part 18
Crude Oil Found in Nigeria’s Borno State
Borno State, in northeastern Nigeria, has joined the league of oil-producing areas in the country, with the discovery of crude oil after many months of exploration,
Nigeria Awarded Schlumberger Multi-well Deal
Sirius Petroleum has entered into a contract for the provision of an integrated services management (ISM) with the oilfield services company Schlumberger at the Ororo field off Nigeria.
Nipco Shareholders Approved MobilOil Deal
Shareholders of Nigeria’s Nipco PLC have authorized the company’s board of directors to stand as a guarantor for the acquisition of 60% majority equity stake in Mobil Oil Nigeria.
Nigeria to End Cash Call Agreement with JVs
Nigeria formally ended the era of cash call payment by the joint venture (JV) operators in the oil and gas industry.
Angola Produced 1.692mb/d of Oil
Oil production in Angola in November reached 1.692mb/d, a 124,800b/d increase than October volumes.
Lekoil Pumped Oil from Otakikpo to Storage Tanks
Lekoil announced that oil is flowing at the Otakikpo marginal field in Nigeria to onshore storage tanks, where it will later be transferred upon completion of the offshore pipeline.
Tanzania, Dangote Agreed in Gas Supply Deal
Nigeria's Dangote Cement have reached a deal with Tanzania on the supply of natural gas to the firm's manufacturing plant in the East African country after negotiations stalled over prices.
India to Import Nigerian Crude Worth $3.85b
Indian state-run oil refiners have indicated interest to increase total crude oil consumption volume with additional 2m tons of crude oil import from Nigeria in 2017.
