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NCDMB SEEKS REVIEW OF ACT TO EXPAND LOCAL CONTENT
Nigerian Content Development and Monitoring Board (NCDMB) is seeking an amendment to the Local Content Act 2010 (the ‘Act) to…
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OIL FIRMS BEGIN COMPLIANCE WITH FGS DIRECTIVE ON STEVEDORES
International Oil Companies (IOCs) operating in Nigeria have commenced registration and engagement of dockworkers contractors. This stems from Government of…
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NCDMB PROVIDES EQUITY INVESTMENT FOR TWO 17,000BPD REFINERIES
The Nigerian Content Development and Monitoring Board (NCDMB) has provided equity investment for the establishment of two modular refineries in…
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SAVANNAH PETROLEUM GETS MINISTERIAL CONSENT FOR SEVEN ENERGY TRANSACTION
Savannah Petroleum has received ministerial consent for the transfer of Seven Assets (SEILs entire interests in Seven Uquo Gas, Universal…
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SEVEN ENERGY ACQUISITION DEAL TO BE COMPLETED SOON “ SAVANNAH PETROLEUM
Savannah Petroleum PLC is in its final stages of the Ministerial Consent process with respect to the acquisition of Seven…
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SAN LEON ANNOUNCES 20-YEAR EXTENSION TO OML 18 LICENCE
San Leon Energy plc has announced that Eroton has renewed its lease for OML 18 thereby securing Erotons rights to…
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LEKOIL SIGNS MOU WITH SCHLUMBERGER AND MAJOR OIL COMPANY FOR FURTHER DEVELOPMENT AT OTAKIKPO
LEKOIL has signed a Memorandum of Understanding (‘MOU) with Schlumberger and a subsidiary of a major international oil company for…
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SOLAR FIRM AZURI TECHNOLOGIES ANNOUNCES $26M EQUITY INVESTMENT
Marubeni Corporation and other existing shareholders have invested US$26 million in Azuri Technologies, a leading provider of pay-as-you-go solar home…
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SWITZERLAND TAKES LEGAL ACTION AGAINST NIGERIA OVER SEIZURE OF OIL TANKER
Switzerland has asked the International Tribunal for the Law of the Sea to order Nigeria to release a Swiss-flagged oil…
