Nigeria | Egypt Oil & Gas - Part 46

Nigeria to Shift Gears to Agriculture in Fight Against Oil Corruption

Nigeria’s democratically elected President Muhammadu Buhari plans to split the Nigerian National Petroleum Corp. in two, creating a regulator and a vehicle for investments, said Femi Adesina, a presidential spokesman ...

Nigeria Unprecedented Cleanup Plans Awaiting More Guarantees

Nigeria announced that it would finally clean-up the oil-contaminated Ogoniland in the Niger delta, and at the cost of $1bn, according to the Guardian.

Nigeria Losing Billions of Dollars Due to Oil Corruption

Nigeria, Africa’s largest oil producer, is losing billions of dollars a year due to corruption and inefficiency reported Forbes.

USTDA and Dangote Oil to Build a Greenfield Petroleum Refinery

The United States Trade and Development Agency has on Thursday signed a training grant agreement with Dangote Oil Refining Company to develop the critical human resources necessary to operate and maintain a Greenfiel ...

Q3 Startup of Nigerian Offshore Field Announced

Lekoil has issued an update regarding operational activity at the Otakikpo marginal field in Nigeria.

Production to Begin Soon in Nigeria’s Aje Field

The Aje shallow-water field offshore Lagos might begin crude oil production before the year runs out following the commencement of drilling on the Aje-5 production well on the Oil Mining Licence 113.

Nigeria’s President to Split State Oil Company in Two

Nigerian President Muhammadu Buhari plans to split the state-owned Nigerian National Petroleum Corporation (NNPC) into two entities, his spokesman said on Saturday.

Eni to Weigh Sale of Nigeria Assets Amid Oil Price Drop

Eni SpA, Italy’s largest oil company, is considering selling part or all of its onshore Nigerian operations as it seeks to divest peripheral businesses amid a drop in oil prices, people familiar with the matter said.

Nigerian Oil Crisis Takes a Toll on Bureaucrats

It’s been five months since Johnson Umeadi and his wife, Adaku, received their salaries as government workers in southeastern Nigeria.

Eni Oil-Pipeline Explosion in Nigeria Kills 12, Injures 3

Twelve people died and three were injured in an explosion during repair work at an Eni SpA crude oil pipeline in Nigeria.

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