ABERDEEN – Â based Eland Oil & Gas has restarted production from a well in Nigeria where operations were disrupted amid security challenges. The Aim-listed firm said it has started pumping oil from the Opuama-1 well again after…
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Nigeria’s oil and gas logistics giant, Intels Nigeria Limited has promised to continue to expand its investment in Nigeria. Chief Executive Officer of Intels Nigeria Limited, Mr. Andrew Dawes, also revealed that the company’s current investment in…
The federal government will in September this year, reveal the new investors that will manage the state-owned refineries – Port Harcourt Refining Company (PHRC), Warri Refining and Petrochemicals Company (WRPC), and Kaduna Refining and Petrochemicals Company (KRPC),…
Minister of State for Petroleum Resources, Dr Ibe Kachikwu, said economic growth plan recently launched by Federal Government would provide strategic and economic partnerships in excess of 50 billion dollars.Kachikwu said this on Tuesday while wooing investors…
Eland Oil & Gas PLC on Thursday reported a three-fold increase in the amount of recoverable reserves within the existing Opuama and Gbetiokun well inventory, adding 22.6 million gross barrels. Eland said, alongside its partner, it intends…
Shell Nigeria has resumed production at 225,000 barrels per day Bonga field, a development that looks set to boot Nigeria’s crude oil output and exports. The oil giant said in an emailed statement to Reuters that maintenance…
Nigeria’s oil-rich Rivers State has invited investors to take advantage of the rapid ongoing developmental strides to invest in all sectors of its economy, in order to create jobs. First-time investors would receive attractive tax incentives and…
The Chief Commercial Officer (CCO) of Intels Nigeria Ltd., Mr Patrick Bird, has said that the Onne Oil & Gas Free Zone offers enormous incentives to foreign companies to invest in Nigeria. A statement by Intels on…
THE United Kingdom, UK, has inspected facilities at the fast-growing Lagos Deep Offshore Logistics Free Zone Enterprises, LADOL FZE, in its quest to expand its trade and development activities in sub-Sahara Africa. Already, UK’s Department For International…
Contractors chasing prized deal to supply unit for revamped deep-water project off Nigeria. Supermajor Shell will receive responses within days from contractors set to battle for a prized contract to supply a floating production, storage and offloading…
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