Nigeria | Egypt Oil & Gas - Part 21

Nigeria Discovered Offshore Oil Field

ExxonMobil Corporation announced a significant discovery with a potential recoverable resource of between 500m and 1b barrels of oil on the Owowo field offshore Nigeria.

Shell Resumed Oil Exports from Forcados

Shell has resumed crude exports from the Forcados terminal in Nigeria's restive Niger Delta following repairs after a militant attack in early 2016.

Chevron’s Pipeline Damaged in Attack

Nigerian militant group the Niger Delta Avengers (NDA) said it attacked an oil pipeline in Nigeria's restive southern energy hub and warned international oil companies (IOCs) not to carry out repairs on damaged energ ...

Nigeria to Reduce Oil Imports by 60%

Nigeria plans to reduce its level of fuel imports by 60% by the year 2018.

ExxonMobil to Exit Nigeria’s Downstream

ExxonMobil plans to sell 60% of its equity in Mobil Oil Nigeria Plc (MON) to Nipco Investments Limited, a wholly-owned subsidiary of Nipco Plc.

Nigeria Cut Crude Prices

The Nigeria National Petroleum Corporation reduced the official selling price (OSP) of Nigeria’s crude oil grades as parts of a strategy to make Nigerian crude attractive to buyers and to help it regain its share of ...

Nigeria to Generate Power from Solid Waste

The Kano and Kaduna state governments in Nigeria confirmed to have concluded plans to generate electricity from solid waste.

Nigeria’s Aje First Oil Sold at $1.2m

PR Oil and Gas Limited, the holder of its investment in OML 113, has received $1.2m from the sale of the first production of oil from the Nigerian Aje Field.

Nigeria To Bid 2017 Crude Sales

The Nigerian National Petroleum Corporation (NNPC) has invited local and foreign firms to bid for contract for the sale and purchase of Nigerian crude oil grades in 2017, and has increased the number of off-takers of ...

India to Invest $15b in Nigeria’s Oil, Gas

The Nigerian Minister of State for Petroleum Resources, Ibe Kachikwu, has negotiated a $15b investment with the Indian government for the oil and gas sector.

Page 21 of 55

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