French energy giant TotalEnergies said that it is in the process of drilling the first of three wells on a field offshore Nigeria with one of Noble Corporation’s drillships.
Nigeria is withdrawing civil claims totaling $1.1 billion against energy giant Eni SpA, ending a long battle in Italian courts over allegations of corruption in an oil-field deal.
Saudi Arabia’s energy minister, Abdulaziz bin Salman, has disclosed that the kingdom signed preliminary agreements with African countries, including Nigeria, on energy-related cooperation.
Argeo announced on November 9 that it had signed a NOK 55 million (over $4.9 million) contract for the Bonga field subsea assets work program for Shell Nigerian Exploration and Product Company (SNEPCo) and local content partner GOSL.
The refinery began the commissioning process in May this year after running years behind schedule at a cost of US$19 billion, above initial estimates of US$12-14 billion
The Senate noted that the PIA implementation had yet to produced any workable coordination or clearing house by which NNPCL, regulators and oil producing companies, coordinate to ensure vital petroleum sector changes.
To chart Nigeria’s path towards net zero energy by 2060, the Nigeria Energy Transition Plan was launched in August 2022.
Cape Town: Former President Olusegun Obasanjo, yesterday, urged the developed economies to work towards making energy transition process just and fair to Nigeria and other African countries.
Between January 2022 and August 2023, the Nigerian government suffered a significant financial loss of about N843 billion due to the burning of natural gas, as revealed by data from the National Oil Spill Detection and Response Agency (NOSDRA). In its latest report on gas flaring, NOSDRA disclosed that oil and gas companies operating in […]
Nigeria and other African nations have expressed commitment toward the development of their 620 trillion cubic feet of proven gas reserves, targeted at bolstering energy security, industrialization and environmental sustainability.