Nigeria | Egypt Oil & Gas - Part 23
Lekoil Raised $12.4m for Otakikpo Oil field
Lekoil, a West Africa-focused oil and gas exploration and production company, announced that it has raised about $12.4m to bring Nigeria’s Otakikpo field into commercial production.
Dangote to Supply Gas, Fuel to Ghana
Dangote Group will supply natural gas to Ghana through West Africa Gas Pipeline Company.
Nigeria’s Oil Output to Grow by 22%
Nigeria expects its oil production rate to grow by 22% by the end of 2016 to reach 2.2mb/d from current levels.
Nigeria to Explore Oil in Bauchi, Gombe
The Nigerian National Petroleum Corporation has concluded plans to move heavy equipment to Bauchi and Gombe States preparatory to oil exploration in an effort to move back to the Lake Chad Basin.
NLNG, EFCC to Work on Transparency
The Nigerian Liquefied Natural Gas Limited (NLNG) and the Economic and Financial Crimes Commission (EFCC) will collaborate on ensuring continuous transparency in NLNG’s operations.
Nigeria Boosted Oil Output in September
The Organization of Petroleum Exporting Countries (OPEC) showed that Nigeria’s crude oil output rose by 280,700b/d to 1.385mb/d in September.
SacOil Settled Nigdel Dispute
SacOil has entered into a settlement agreement, with Nigdel United Oil Company Ltd, relating to the SacOil's legacy involvement in Oil Prospecting License (OPL) 233 in Nigeria.
Saipem Proceeds with FPSO Vessel
Saipem has completed the fabrication of some components of the floating production, storage and offloading (FPSO) vessel for the Egina field operated by Total Exploration and Production Nigeria Limited.
