Nigeria | Egypt Oil & Gas - Part 6
Penspen Awarded FEED Contract for Morocco-Nigeria Gas Pipeline
Morocco’s Office National des Hydrocarbures et des Mines (ONHYM) and the Nigerian National Petroleum Corporation (NNPC) have awarded a contract to Penspen to begin FEED’s first phase to construct a 5,700-km gas pipeli...
Production-Cut Exemptions to be Discussed at OPEC Meeting
Libya and Nigeria’s exemptions from the production-cut agreements could be questioned at tomorrow’s meeting between OPEC and some non-OPEC oil producers, sources told Platts. The two OPEC members have been exempted fr...
Iran Calls for OPEC to Address Libyan, Nigerian Production
The Iranian Minister of Petroleum, Bigan Zangeneh, singled out Libya and Nigeria in comments to the press yesterday, calling for changes in OPEC policy towards the two countries, Bloomberg reports. While noting that O...
OPEC Production Falls in August
OPEC production fell in August as Saudi Arabia cut back its production, Bloomberg reports. This decrease marks the first decline in production for the oil cartel since March, according to CNBC. Excluding Nigeria and L...
Libya, Nigeria May Adjust Oil Output
Libya and Nigeria, exempt from global oil cuts in 2017, may attend a joint meeting between members of the Organization of the Petroleum Exporting Countrys (OPEC) and non-OPEC nations late July as oil producers look fo...
Shell Nigeria Lifts Force Majeure on Bonny Light Oil Exports
Royal Dutch Shell PLC’s Nigerian unit announced that it had lifted the force majeure that was declared on Bonny Light oil exports because of a leak on the Trans Niger Pipeline, Fox Business reported. Shell had d...
Schlumberger Signs $700m Oil Deal in Nigeria
Nigeria’s state-owned oil company announced that it signed a deal with Schlumberger to provide $700m for the development of two oil fields in the country’s crude-rich south, Bloomberg reported. The Nigerian National ...
France to Invest $1.13b in Nigeria’s Oil and Gas industry
The French government says it has set aside about $1.13b to invest in Nigeria’s oil and gas industry, to strengthen its economic relations in Africa, Premium Times reported. According to a statement by the NNPC, Franc...
