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NPDC transfers OML 30 to new operator; Heritage Oil Limited
The Nigerian Petroleum Development Company (NPDC) has successfully handed over the Oil Mining Lease (OML) 30 to Heritage Oil. Consequently,…
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NLNG makes decision to re-market expiring Sales and Purchase Agreements
The Nigeria Liquefied Natural Gas Limited (NLNG) recently announced its decision to re-market the LNG volumes for its three train…
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FG set to disburse the first installment of the $5.1 billion Joint Venture (JV) cash calls to IOCs
Further to the agreement reached between the International Oil Companies(IOCs) operating in Nigeria and theFederal Government of Nigeria(FGN)in December, 2016…
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LEKOIL and GE Oil & Gas execute MOU for the development of Ogo Field
Lekoil Limited (Lekoil) recently signed a Memorandum of Understanding (MOU)with GE Oil & Gas (GE) for the development of the…
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Senate set to forward Petroleum Industry Governance Bill for Mr. President approval
The Senate Joint Committee on Petroleum (Upstream, Downstream and Gas) is expected on April 25, 2017 to lay before the…
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FG to kick off marginal oil field bidding in U.S by May
The Federal Government has announced its intention to commence the road show for the marginal field bid rounds at the…
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Seven Energy appoints new CEO
Seven Energy witnessed a change of baton in the leadership of the Company as Mr. Manish Maheshwari was recently appointed…
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