The Federal Government and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) have called for sustained investment in Nigeria’s oil and gas industry, stressing the need for policy stability, regulatory certainty, security and faster project execution to keep the sector competitive amid the global energy transition. The Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, […]
TotalEnergies and partner AMNI have taken final investment decision (FID) on the Ima gas development offshore Nigeria, targeting 350 MMcfd of production to supply the expanding Nigeria LNG (NLNG) liquefaction plant.
Gabon has signed an agreement protocol with Nigerian energy infrastructure company Oilserv, to develop and commercialise hydrocarbon reserves in Gabon’s DEF-3 and D4-5 blocks. The agreement also covers gas transportation, compression, and treatment infrastructure, intended to support thermal power generation and industrial activity in the country.
Nigeria’s crude oil and condensate production rose marginally by 6,887 barrels per day (bpd) in August 2026, reaching 1,677,777 bpd, according to the latest data from the Nigerian Upstream Regulatory Commission (NUPRC). The August output represented a 0.4 per cent increase over the 1,670,890 bpd recorded in July, with the commission attributing the improvement largely […]
Jude Atebe, managing director of Derotech Offshore Services, talks to The Energy Year about the investment momentum behind Nigeria’s offshore revival and the company’s strategy to expand into deepwater intervention and regional markets.
Tulcan Energy Exploration & Production Company has been awarded Petroleum Prospecting Licence (PPL) 2008 offshore Nigeria, marking the company’s entry into deepwater exploration and expanding its upstream portfolio.
Nigeria’s Indigenous firms are looking forward towards operational efficiency to drive Nigeria’s production target. Their new business outlook is adding value to Nigeria’s expanding production growth with oil production averaging 1.56 million barrels a day (mbpd) in June 2026. This marked the highest monthly crude output since April 2020 and exceeding Nigeria’s 1.5 mbpd OEC […]
An indigenous oil company, Nestoil Group, has strengthened Nigeria’s oil exploration and production capacity through the deployment of its wholly Nigerian-crewed drilling rig, the Pathfinder 500. The Group’s Chairman, Dr Ernest Azudialu-Obiejesi, disclosed this in a statement on Saturday, noting that the aim was to increase crude oil production from Oil Mining Lease (OML) 42. […]
Nigeria’s Dangote Refinery, the largest on the continent, is expected in October to seek to raise around $5 billion in Africa’s biggest IPO listing yet, after months of strong earnings, boosted by the disruption caused by the Iran war.For potential investors, the question is whether Dangote, majority-owned by Africa’s richest man, Aliko Dangote, can avoid squeezing its profits […]
bp has awarded Halliburton an integrated drilling services contract for the first appraisal campaign at the Bumerangue field offshore Brazil, as the operator moves to further evaluate its deepwater discovery.