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Sunday, August 9, 2020

Indonesian firm to build 10,000 bpd modular refinery in Nigeria

The Federal Government’s plan to attract investment in modular refineries as part of efforts to boost local refining capacity has started gaining momentum with an Indonesian firm, PT Intim Perkasa Nigeria Ltd, a subsidiary of PT Intim Perkasa, Indonesia, indicating interest to build a...

Italy’s Eni signs deal with Iran on oil and gas field studies

20 June 2017, Tehran — Italian oil major Eni signed an agreement with Iran on Tuesday for feasibility studies to develop an oil field and a gas field, signaling a possible return to Iran’s upstream sector. The Iranian oil ministry’s official website SHANA reported Eni...

Julius Berger Nigeria says in JV with Petralon Energy

Announces strategic partnership and JV deal with Petralon Energy for acquisition and development of oil fields in nigeria Julius Berger Nigeria PLC, said it has entered into an oil joint venture with Petralon Energy. Julius Berger is the country’s largest civil construction company. The joint...

Shell Nigeria considering investment in gas project in Niger Delta

WARRI, Nigeria, June 20 - Shell is considering whether to invest in a gas project in Nigeria's southern Niger Delta energy hub, the managing director of the local unit said on Tuesday. Nigeria has the world's ninth largest proven gas reserves, at 187 trillion cubic...

Nigeria’s Forte Oil eyes $66 mln share sale

LAGOS, June 19  - Nigeria's Forte Oil plans a 20 billion naira ($66 mln) share sale to institutional and high net worth investors and has applied for regulatory approval, it said on Monday. The energy firm said the capital raise will be done as a...

Nigeria regains Africa’s top oil producer

The resumption of the pipeline, which typically exports 200,000-240,000 barrels per day (bpd), bringing Nigeria to around the 1.8 million-bpd level, is also said to have reinstated Nigeria as largest export grade, after Angola. Nigeria’s oil production has surpassed that of Angola, the latest data...

Nigeria’s exports up in July on Forcados restart – loading plans

LONDON, June 14 - Nigeria's crude oil exports are set to reach 1.84 million barrels per day (bpd) in July, slightly higher month-on-month, because of a recovery in Forcados exports, according to loading programmes compiled by Reuters on Wednesday. Forcados exports resumed at...

Uganda to finalise oil exploration deal with Nigerian firm

KAMPALA, June 14 - Uganda is set to sign on Thursday two oil production sharing agreements with a Nigerian firm, enabling the company to begin exploration work, the government said on Wednesday. The firm, Oranto Petroleum International, was among a number of companies that bid...

Shell say its paid $3.638bn to Nigerian govt in 2016

’Femi Asu Global oil giant, Royal Dutch Shell Plc, said on Tuesday that it paid $3.638bn to the Nigerian government last year for its activities in the country. Nigeria’s revenue from the oil major was the highest out of the 31 countries to which Shell made...

ENI to open Ghana oil and gas field 3 months early

June 12 2017, Accra – Italy’s ENI will start commercial oil and gas production at its Sankofa field off the coast of Ghana in July, three months ahead of schedule, project partners said on Friday. The Sankofa field, which will pump 45,000 barrels per day,...
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