Mammoet completes lift work at Dangote plant
Mammoet has begun demobilising its heavy-lift equipment at the Dangote Refinery complex, in Nigeria, although the plant is now expected to start up in late 2022.
Nigeria
Power in a time of pandemic
The coronavirus pandemic has taken its toll on the world, with lives lost and economies shrinking.
Valve station explosion kills seven in Niger Delta
An explosion at a valve station has killed seven people in Nigeria’s OML 40.
NCDMB boosts funding for local companies
The Nigerian Content Development and Monitoring Board (NCDMB) is expanding the Nigerian Content Intervention (NCI) Fund to $350 million.
Enron legacy returns in battle over $80 million yacht
Almost two decades after the collapse of Enron Corp., a former unit of the energy-trading giant is sparring with US and Nigerian authorities over the proceeds of the sale of a luxury yacht.
Okwori FPSO attacked offshore Nigeria
An attack has taken place on a floating facility offshore Nigeria, Dryad Global has reported, saying as many as 11 people may have been kidnapped.
As gas prices sag, Nigeria plans to export more
Nigeria plans to keep its liquefied natural supply at current levels despite prices near record lows, the opposite of what exporters from the US to Australia are doing.
Sasol sells Escravos stake, works on Mozambique sale
Sasol has signed a deal to sell its indirect stake in the Escravos gas-to-liquids (GTL) plant, in Nigeria, to Chevron.
Shell’s Bonga ramps up despite COVID fears
Shell’s Bonga field completed maintenance last week and is ramping production back up, despite some isolated cases of coronavirus.
AKK pipeline construction getting under way
Work on Nigeria’s Ajaokuta-Kaduna-Kano gas pipeline is due to begin on June 30.
NNPC reports March deficit from price plunge
Nigerian National Petroleum Corp. (NNPC) saw a more than 300% decline in earnings in March as crude prices plummeted.
DPR calls on workers to follow COVID rules
Nigeria’s Department of Petroleum Resources (DPR) has called for oil company and government personnel to follow rules and document procedures in order to tackle the pandemic.
Shell heads to court for Nigerian spills case
Shell is heading to the UK Supreme Court today for another hearing on oil leaks in the Niger Delta.
High hopes for new well tool after overseas trials
A north-east entrepreneur has set his sights on commercialising oilfield technology developed primarily in Aberdeen after it passed field trials in Nigeria.
Zenith eyes Nigerian expansion
Zenith Energy plans to partner with a local company in Nigeria’s marginal field bid round.
Aje costs cut 38%, while exports pause
Contractors on Nigeria’s offshore Aje field have cut costs by 37.5%, with breakeven price reduced to $28 per barrel.
Nigeria plans solar household boost
The Nigerian government has set out plans for a major expansion for domestic solar power capacity.
Nigeria talks tough on production costs
Nigeria will cut production costs to $10 per barrel by the end of 2021, Nigerian National Petroleum Corp. (NNPC) managing director Mele Kyari has said.
OPEC+ agrees to extend output cuts as cheats offer penance
OPEC+ agreed to a one-month extension of its record output cuts and adopted more stringent methods to ensure members don’t break their production pledges.
Updated: Oil’s climb continues as strong jobs data adds to OPEC+ optimism
Oil headed for a sixth weekly gain after OPEC+ reached a tentative agreement to prolong its record production cuts and U.S. jobs data were better than expected.
African rig count plummets, while Middle East holds up
Africa has been the hardest hit region in terms of rig numbers, according to Baker Hughes’ May data.
PPPRA deregulates petrol prices
Nigeria has officially deregulated prices of petrol, following approval from regulator Petroleum Products Pricing Regulatory Agency (PPPRA).
ShoreCan, Essar settle Nigerian differences
Shoreline Canadian Overseas Petroleum Development (ShoreCan) has reached an agreement in principle with Essar Mauritius bringing an end to a dispute on Nigeria’s OPL 226.
NNPC is watching you, and its products
Nigerian National Petroleum Corp. (NNPC) is to introduce a contact-tracing application across its locations in order to help curb the spread of coronavirus.
Pandemic drives oil reserves up for sale to 12.5billion barrels – Rystad
The Covid-19 pandemic has increased the number of oil and gas assets being put up for sale globally past 12.5billion barrels in reserves, according to new analysis.