The new Nigerian incentives for offshore oil and gas projects have the potential to attract $50 billion in new investment in Nigeria’s offshore energy sector, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC)
Nigeria has made significant progress in attracting investment in the upstream oil and gas industry and has placed infrastructure development a priority to support expected growth in the sector. The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), reflecting a continent-wide trend, recently stated it expects 22 major offshore oil and gas projects to begin between now […]
The much-touted multi-billion-dollar Nigeria-Morocco Gas Pipeline is yet to take off owing to the alleged ‘lukewarm’ attitude of Nigerian authorities
Nigeria’s plan to turn its state oil company, Nigerian National Petroleum Company Limited (NNPC), into a publicly traded firm is back on the table, ten years after officials first floated the idea in November 2016 and then let it stall.
The Global Extractive Industries Transparency Initiative validation team has arrived in Nigeria to assess the country’s progress in improving transparency and accountability in the oil, gas and mining sectors.
Nigeria said it approved a $4.5 billion arrangement with the state-owned energy firm that will liberate funds to bolster foreign-exchange reserves and spending on the government’s ongoing infrastructure priorities.
Clariant has appointed Gapuma Group as the distributor of its Well Service Additives (WSA) portfolio across Nigeria, Côte d’Ivoire and Ghana, expanding the availability of its specialty oilfield chemicals in key West African upstream markets. Under the agreement, Gapuma will distribute Clariant’s Well Service Additives portfolio through its regional network, including the HOSTADRILL™, HOSTAMER™ and HOSTASTIM™ product families used in […]
The agreement, signed by the Economic Community of West African States (Ecowas) at a summit in Sierra Leone on Monday, establishes the legal framework for the pipeline, which has been under discussion since 2016.
Nigeria’s upstream oil regulator said on Tuesday that 31 companies had emerged winners of 37 oil and gas blocks in the country’s 2025 licensing round, following a competitive bidding process. The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) said 143 companies submitted 200 bids for 37 of the 50 blocks offered in the round, which was […]
Dem don sign off one of Africa most ambitious energy infrastructure projects as West African leaders formally endorse di long-awaited Nigeria-Morocco Atlantic Gas Pipeline.