There seems to be hope in the offing for Nigeria as its dwindling daily oil production turned the corner in April, rising marginally from 1.23 million barrels per day in March to 1.28 mbpd, according to the Organisation of the Petroleum Exporting Countries.
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), on Tuesday, announced the commencement of the 2024 oil block licensing round.
The Chief Executive of NUPRC, Gbenga Komolafe, announced this at the Miami, Florida International Roadshow for the 2024 licensing round, hosted by the NUPRC, in collaboration with Petroleum Technology Association of Nigeria (PETAN).
The Nigerian Upstream Petroleum Regulatory Commission has announced the commencement of the bidding process for 12 oil blocks recently listed for sale.
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has initiated the 2024 Licensing Round during the Offshore Technology Conference in Houston, Texas.
Nigeria is inviting bids from international investors with financial and technical capacity for 12 onshore and deepwater oil blocks, its oil regulator said in a speech yesterday at a global oil conference in Houston, Texas.
Oando’s COO Irune has revealed the firm expects to scale production up to 100,000bpd by 2029, driven by new drilling.
With the potential approval of ExxonMobil’s $1.28 Billion asset sale to Seplat, Nigeria anticipates increased oil production.
Nigeria’s oil regulator on Monday commenced the evaluation of the divestment processes of Shell’s 75-year-old onshore assets to Renaissance company, the new investors.
African oil and gas executives and Small Medium Enterprises (SMEs) operators are set to discuss opportunities and collaborations for investment in the industry at the 2024 Offshore Technology Conference (OTC) in Houston, Texas, USA.
Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Nigerian
National Petroleum Company (NNPC) Limited over the “failure to account for and explain the whereabouts
of the alleged missing USD$2.04 billion and N164 billion oil revenues.”