Nigeria Boosted Oil Output in September

• Sunday, 16th October 2016
• by Egypt Oil & Gas

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, Oil Price reported. Yet, Nigeria is unable to claim its position as Africa’...

SacOil Settled Nigdel Dispute

• Thursday, 13th October 2016
• by Egypt Oil & Gas

SacOil, an independent oil and gas company, 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 Nigeri...

Saipem Proceeds with FPSO Vessel

• Thursday, 13th October 2016
• by Egypt Oil & Gas

Saipem Contracting Nigeria Limited (SNCL) 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 Product...

Nigeria Discovered New Oil Prospects

• Thursday, 13th October 2016
• by Egypt Oil & Gas

The Nigeria National Petroleum Corporation (NNPC) announced that out of 23 oil wells drilled by mining oil companies involved in oil exploration in the north, 21 are marked as having prospects of oil, Buzz Nigeria rep...

Nigeria Saved $336m in Revoked Oil Swaps

• Wednesday, 12th October 2016
• by Egypt Oil & Gas

The Nigerian National Petroleum Corporation (NNPC) has saved the country $336.4m between April and July of 2016 by stoping the controversial contract for petroleum product import called crude oil swap, Daily Trust rep...

Nigeria to Promote Sustainable Energy

• Tuesday, 11th October 2016
• by Egypt Oil & Gas

The Nigerian federal government sets out plans for the energy sector’s generation capacity to be met through traditional and renewable energy resources, ESI Africa. The Sustainable Energy for All- Agenda (SE4ALL...

Nigeria to Start Output from Otakikpo Oil Field

• Monday, 10th October 2016
• by Egypt Oil & Gas

Africa-focused Lekoil is expected to begin commercial oil production from Nigeria’s Otakikpo marginal field, located in Oil Mining Lease (OML) 11 in Rivers State during October, following the completion of the Otakikp...

Nigeria to Venture into Biofuel

• Sunday, 9th October 2016
• by Egypt Oil & Gas

The Nigerian National Petroleum Corporation’s (NNPC) Managing Director, Maikanti Baru, said that the company will commence the first large scale commercial bio-fuel venture as an alternative to fossil fuel, Vanguard R...

Ghana Exported Fuel to West Africa

• Sunday, 9th October 2016
• by Egypt Oil & Gas

Ghana’s Minister of Petroleum, Emmanuel Armah-Kofi Buah, stated that the state-owned Bulk Oil Storage and Transportation Company (BOST) has started exporting fuel and gas oil to Nigeria, Benin Republic, Burkina Faso, ...

China to Invest in Nigeria’s Oil, Gas

• Sunday, 9th October 2016
• by Egypt Oil & Gas

Nigeria expects to get as much as $4b in investment facilities for oil industry infrastructure as a 40-member Chinese investment team arrives the country at the end of October, Premium Times reported. The Minister of ...