Controversy trails oil block revocation by FG

President Muhammadu Buhari’s approval of the withdrawal of Oil Prospecting Licences 2001, 2002 and 2003 in the Utapate Field won by indigenes of the...

NNPC eyes Benue Trough, Chad Basin drilling before end of 2017

State oil firm, Nigerian National Petroleum Corporation (NNPC) is aiming to resume drilling before the end of the year in an inland basin where...

Siemens introduces new technology solutions for Nigerian oil and gas sector

The Vice-President, Oil and Gas, North America and Africa, Siemens Energy Incorporated, Mr. Patrice Laporte, while speaking at the Siemens Solutions for Oil and...

Nigeria not benefiting from high natural gas reserves – DPR boss

The Department of Petroleum Resources (DPR) has expressed worry that despite the significant natural gas reserves, the country was yet to fully benefit from...

OPEC to consider imposing limits on oil production for Libya, Nigeria

The Organization of the Petroleum Exporting Countries (OPEC) is considering the possibility of introducing limitations on the oil output of Libya and Nigeria, to...

Four contractors chase Eni ZabaZaba FPSO job

A quartet of contractors are set to submit technical bids within weeks to supply a major floating production, storage and offloading vessel for Eni’s...

Seplat reinstates production at OMLs 4, 38 and 41 to 75,000 bopd and 290...

Seplat Petroleum Development Company Plc ("Seplat" or the "Company"), a leading Nigerian indigenous oil and gas company listed on both the Nigeria Stock Exchange...

Nigeria looking to gas as oil reserves set to dry up in 25yrs –...

The Minister of State for Petroleum Resources, Dr Ibe Kachikwu on behalf of President Muhammadu Buhari declared on Wednesday that Nigeria’s oil reserve have...

Lekoil receives ministerial consent for OPL310 farm-in

LEKOIL (AIM: LEK), the oil and gas exploration, development and production company with a focus on West Africa, is pleased to announce that the...

Forte Oil unveils its growth plans for improved operations

According to the Group Executive Director, Finance and Risk Management, Forte Oil Plc, Julius Omodayo-Owotuga, the company is planning to deepen its focus on...

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