Four major oil giants, ExxonMobil, Shell, Chevron, and Equinor, have agreed to end their lawsuits that collectively attempted to enforce multibillion dollar arbitration awards against a Nigerian state-owned oil co ...
It is announced that TotalEnergies, the operator of the OML99 field (40%) and the Nigerian National Petroleum Corporation (NNPC, 60%) have started production at the Ikike field in Nigeria.
Nigeria granted its state oil firm, the Nigerian National Petroleum Corp's (NNPC), an approval to acquire around 20% of Dagnote oil refinery stake for $2.76 billion.
The state owned Nigerian National Petroleum Corporation has completed negotiations to take a lone from the Afreximbank of $1 billion for repairing its Port Harcourt refinery during the Q1 2021.
SEPLAT Petroleum Development Company (SEPLAT) is set to initiate work on the construction of a $700 million gas plant at Assah, encouraging rural development and create jobs.
Nigeria LNG Limited (NLNG) has paid over $13 billion to the Federal Government for feed-gas purchase since the inception of its operations.
Morocco and the Nigerian National Petroleum Corporation (NNPC) have reassured their commitment to carry out the natural gas pipeline cooperation agreement (PCA).
