Nigeria | Egypt Oil & Gas - Part 7
Nigeria’s Forte Oil Plans a $66m Share Sale
Nigeria’s Forte Oil announced that it plans a $66m share sale to institutional and high net worth investors and has applied for regulatory approval, Reuters reported. The energy firm said the capital raising wil...
DuPont Clean Technology Wins Contracts for Oil Refinery in Nigeria
Dangote group contracted DuPont Clean Technologies to supply a range of proprietary equipment for the construction of a new oil refinery in Nigeria. The contract aims to help Dangote’s emissions requirements and to me...
Nigeria’s Diesel Price Crashes by 42%
The Nigerian National Petroleum Corporation (NNPC) announced that the price of diesel has crashed by about 42% nationwide. Automotive Gas Oil (AGO) had a huge downslide over the last six months, following key strategi...
WAPCo to Purchase Gas from Dangote Refinery
The West Africa Gas Pipeline WAPCo has begun talks with Dangote Refinery to buy gas to bridge an estimated 300mcf/d of gas deficit in Ghana by the year 2020, The Guardian reported. WAPCo’s Managing Director, Walter Pe... Uganda, Nigerian Firm Finalize Oil Exploration Deal
Uganda is going to sign two oil production sharing agreements with a Nigerian firm today, enabling the company to begin exploration work, Reuters reported. The firm, Oranto Petroleum International, was among a number ...
Nigeria’s Crude Oil Exports to Reach 1.84mb/d
Nigeria’s crude oil exports are expected to reach 1.84mb/d in July, slightly higher month-on-month, due to a recovery in Forcados exports, Reuters stated. Exports from forcados are currently standing at 197,000b/d and...
Eland JV Signs Rig Contract with OES
Eland Oil & Gas announced that its joint venture company, Elcrest Exploration and Production Nigeria, signed a rig contract with OES Energy Services for drilling on its OML 40 acreage in the Niger Delta. The contr...
Erin Energy to Complete Oyo-9 Drilling by End of 2017, Nigeria
Erin Energy announced that the drilling operations at its Oyo-9 development well in Nigeria are scheduled for July and are expected to be finalized before the end of 2017, Ecofin Agency reported According to Mining We...
