Nigeria | Egypt Oil & Gas - Part 4
SEPLAT, NNPC Start Work on $700 MM Natural Gas Project in Nigeria
SEPLAT Petroleum Development Company (SEPLAT) is set to initiate work on the construction of a $700 million natural gas plant at Assah, encouraging rural development and create jobs, according to The Nation. Bryant Or...
NNPC, FIRST Commence Oil Production at Nigeria’s Anyala Field
The Nigerian National Petroleum Corporation (NNPC) and FIRST Exploration and Petroleum Development Company (FIRST) Joint Venture (JV) has announced the commencement of oil production from the Anyala West oil field, ac...
Nigeria Submits Long-Awaited Oil Reform Bill
Nigeria has finally created an oil bill to modernize Nigeria’s oil sector and partially privatize the Nigerian National Petroleum Company (NNPC), according to Reuters. The bill will be presented to the two chambers on...
Shell Looking to Cut Production Costs by up to 40%
Royal Dutch Shell is looking to slash up to 40% off the cost of oil and gas production in order to invest heavily in the energy transition, according to Reuters. This new cost-cutting initiative is known as “Project R...
Zenith Energy Enters Nigerian Bidding Round
International oil and gas production and exploration company, Zenith Energy, has submitted a bid in Nigeria’s most recent 2020 marginal field bid round, according to a press release. The bidding round, organized by t...
Nigeria Pays $14 MM for Fuel in June, Despite Subsidy Removal
Nigeria’s state-owned oil company, Nigerian National Petroleum Corporation (NNPC), recorded a $14 million cost for fuel in June, months after it changed its pricing method in an effort to eliminate subsidies, accordin...
Nigeria to Present New-look Gas Bill to Boost Output, Attract Investment
Nigeria’s oil ministry is set to release its long-awaited oil and gas reform bill to the president in an effort to boost output and attract foreign investment, according to Reuters. The decision to reform the outdated...
Ezion Gerber, Subsea Solutions to Collaborate on Future Nigerian Projects
Engineering, procurement, construction, and installment (EPCI) company, Ezion Gerber Energy, has entered into a contract with Norwegian company, Connector Subsea Solutions, for future offshore projects in Nigeria, acc...
