(Energy Analytics Institute, 16.Dec.2024) — Shell plc subsidiary Shell Nigeria Exploration and Production Company Limited (SNEPCo) announced a final investment decision (FID) on Bonga North, a deep-water project off the coast of Nigeria. Peak gross production of 110,000 barrels per day of oil (b/d) is expected by the end of […]
Tag: NNPC
Nigeria’s NNPC Renews Oil Contracts to Produce 10 Billion Barrels
(Reuters, 12.Aug.2022) — Nigeria’s state-owned oil firm NNPC Ltd on Friday renewed oil production sharing agreements with international majors and local firms for five deepwater blocks that officials said could produce up to 10 billion barrels over the next 20 years. Nigeria, a member of the Organization of Petroleum Exporting […]
Production Starts at Ikike Field Offshore Nigeria
(TotalEnergies, 25.Jul.2022) — TotalEnergies, OML99 operator (40%) in partnership with the Nigerian National Petroleum Corporation (NNPC, 60%), announces the start of production from the Ikike field, in Nigeria. Located 20 kilometers off the coast, at a depth of about 20 meters, the Ikike platform is tied back to the existing […]
Nigeria’s State-owned Energy Firm Begins Commercial Operations
(Bloomberg, 19.Jul.2022) — Nigeria’s state-owned energy firm will now operate as a commercial entity without relying on government funding and direct controls, President Muhammadu Buhari said on Tuesday. The launch of the Nigerian National Petroleum Co. is a “landmark event for the Nigerian oil industry,” Buhari said at a ceremony […]
Keynote Address by OPEC Secretary General Barkindo
(OPEC, 5.Jul.2022) — Delivered by HE Mohammad Sanusi Barkindo, OPEC Secretary General, at the opening ceremony of the 21st edition of Nigeria Oil and Gas (NOG) Conference and Exhibition, 5 July 2022, Abuja, Nigeria. Excellencies, ladies and gentlemen, It is very refreshing, indeed a great pleasure to be back home […]
NNPC Seeks $1bn Oil Prepay For Port Harcourt Refinery
(Reuters, 7.Jan.2021) — Nigeria’s state oil firm NNPC is in talks to raise around $1 billion in a prepayment with trading firms to refurbish its largest refining complex at Port Harcourt, seven sources familiar with the discussions said. If the financing is concluded, the long overdue rehabilitation of the refinery […]
Nigeria LNG Limited Selects Saipem For LNG Project
(Saipem, 13.May.2020) — Saipem, in joint venture with Daewoo E&C Co. Ltd and Chiyoda Corporation (SCD JV), has been awarded by Nigeria LNG Limited the contracts for the Engineering, Procurement & Construction of the Nigeria LNG Train 7 Project to be executed at Bonny Island LNG complex in Nigeria. The […]