Nigeria | Egypt Oil & Gas - Part 21
Nigeria to Privatize NNPC
Nigeria’s Minister of State for Petroleum Resources, Ibe Kachikwu, released a draft plan to overhaul state oil company Nigerian National Petroleum Corporation (NNPC) and eventually list it on the stock exchange in a b...
West Africa Grew Crude Exports
West African top exporters reached a record high of 726.4mb total, in October, which is 45.45bm in total, higher than September, with Nigeria and Angola leading the charge, Rigzone reported. Nigeria’s exports in...
NNPC to Reveal 2017 Lifting Firms
The Nigerian National Petroleum Corporation’s (NNPC) General Manager for Crude Oil Marketing Division, Mele Kyari, stated that NNPC will announce the names of companies qualified for the lifting of the country’...
Nigeria to Grow Oil Output
The Nigerian National Oil Corporation (NNPC) announced that the country is planning new oil and gas policies aimed at attracting more private investors and boost crude production by 500,000b/d by 2020, Ecofin Agency r...
Dangote to Drive Africa’s Refinery Expansion
According to the 10th edition of the Organization of Petroleum Exporting Countries’s (OPEC) World Oil Outlook (WOO), Nigeria’s $17b Dangote refinery is expected to refine as much as 650,000b/d crude oil per day once ...
Nigeria, IOCs Settled for $5b
Nigerian Oil Minister Emmanuel, Ibe Kachikwu, said that the country has reached a $5b outline settlement with five oil majors to cover outstanding payments for joint exploration and production. This settlement related...
Nigeria to Build LPG Terminal
Techno Oil Limited has sealed a deal with Cakasa Nigeria Limited for the construction of a 12,000 tones automated terminal for liquefied petroleum gas (LPG), also known as cooking gas. The terminal will be located in ...
Nigeria Signed Gas Supply Deals
The federal government of Nigeria signed a $112m partial risk guarantee (PRG) agreement with Seven Energy International Limited, the leading integrated gas company in south east Nigeria, to supply 130mcf/d of natural...
