
Category: Oil & Gas

Shell sees bright future for Nigerian companies in offshore developments
Nigerian companies have a lot to benefit if they are prepared to take advantage of more opportunities in its offshore and shallow water oil and gas projects.

Subsea7 awarded sizable contract for offshore West Africa
Subsea7 will be responsible for transporting and installing flexible pipelines

Shell, BP, TotalEnergies, Eni, Equinor, ExxonMobil, Chevron, and ConocoPhillips score $29 billion
The summit gave decision-makers a chance to discuss and delve into changes in demand, supply and trade of major fuels.

Troops uncover 15km oil theft pipeline in Rivers
The operations led to the dismantling of 21 illegal refining sites, arrest of 36 suspects, and destruction of dozens of equipment and vehicles used in crude oil theft and illegal refining activities.

Aiteo, PETROMOC partner to construct 200,000bpd refinery
The refinery is expected to mark another watershed moment for the African energy market.

Exxon plans $1.5 billion investment in deepwater oil field in Nigeria
This move counters speculation about Exxon Mobil’s potential withdrawal from Nigeria.

U.S. shows investment interest in Africa’s 5,660-km Nigeria-Morocco Gas Pipeline project
The reforms are being considered necessary to build investor confidence.

TotalEnergies begins production from the deepwater Ballymore field offshore United States
Ballymore will represent close to 30,000 boe/d net of cash-accretive production for TotalEnergies

No going back on Naira-for-crude policy, says FG
This initiative is not a stopgap solution.

Shell starts production from Dover, further advancing position in U.S. Gulf
Dover brings an estimated peak production of 20,000 barrels of oil equivalent per day (boed).