Nigeria | Egypt Oil & Gas - Part 22
Nigeria to Invest in Gas
The Nigerian National Petroleum Corporation’s (NNPC) Managing Director, Maikanti Baru, said that the country currently possesses the capacity to create about $51b opportunities in the midstream and downstream gas sect...
Nigeria Launched Oil, Gas Recovery Plan
Nigerian President, Muhummadu Buhari, has unveiled Seven Big Wins, as part of a short to medium term strategy framework with robust priorities to grow Nigeria’s oil and gas sector, All Africa reported. Nigeria l...
NNPC, Total to Transport Fuel by Train
The Nigerian National Petroleum Corporation’s (NNPC) General Manager, Jumah Dansure, said that NNPC and Total Nigeria Plc are considering the movement of petroleum products through the rail system in other to reduce t...
NLNG to Raise Funds for Train 7
Nigeria Liquefied Natural Gas Limited’s (NLNG) Managing Director, Tony Attah, said that the company plans to raise $15 billion from the International Capital Market to fund its Train 7 project, The Nation reported. At...
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, Business Wire reported. The company stated that...
Shell Resumed Oil Exports from Forcados
Shell’s Director of Global Upstream, Andrew Brown, confirmed that Royal Dutch Shell has resumed crude exports from the Forcados terminal in Nigeria’s restive Niger Delta following repairs after a militant attack...
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 ...
Nigeria to Reduce Oil Imports by 60%
The Nigerian Minister of State for Petroleum Resources, Ibe Kachikwu, stated that Nigeria plans to reduce its level of fuel imports by 60% by the year 2018, Nigeria Today reported. Kachikwu added that one of the key p...
