BREAKING: Shell records new oil spill at Imo River, Niger Delta Shell Petroleum Development Company, SPDC, has recorded a new oil spill in the Niger Delta, Nigeria. According to the company, the incident, which was reported on January 2, 2021, occurred at, ‘8″ Nkali – Imo River2 Pipeline at Odagwa due to sabotage.’ […]
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BREAKING: Tenoil’s Ata Field to begin production of 3,500boe/d in Q2 2021 Tenoil, a subsidiary of Heirs Holding has concluded plans to commence the production of 3,500 barrels per day, bp/d in marginal Ata Field, Nigeria. The Ata field production, expected to start in the second quarter of 2021 will greatly enhance
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OML 17: 12 facts you did not know about TNOG, Heirs Holding, Transcorp TNOG Oil and Gas Limited, a related company of Heirs Holdings and Transcorp is one of Africa’s largest, indigenous owned, oil and gas businesses. It has a single, clear vision, targeted at creating Africa’s first integrated energy multinational, a
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SPDC completes sale of an interest in OML 17 The Shell Petroleum Development Company of Nigeria Limited (SPDC), has completed the sale of its 30% interest in Oil Mining Lease (OML) 17 in the Eastern Niger Delta, and associated infrastructure, to TNOG Oil and Gas Limited, a related company of Heirs Holdings Limited and
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OIL & GAS EXPLORATION: Nigeria’s rig count drops by 58.8 % to 7 By Eyo Nsima The Organisation of Petroleum Exporting Countries, OPEC, has put Nigeria’s rig count, a major index of measuring oil and gas exploration and production in December 2020 at seven. This showed a drop of 58.8 per cent, when
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OPEC Daily Basket – January 14, 2020 OPEC daily basket price stood at $55.19 a barrel Thursday, 14 January 2021, compared with $55.81 the previous day https://www.opec.org/opec_web/en/press_room/6291.htm
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Total, 174 Power Global to develop solar and energy storage projects in the United States Total and 174 Power Global, a wholly-owned Hanwha Group affiliate, have signed an agreement to form a 50/50 joint venture (JV) to develop 12 utility-scale solar and energy storage projects of 1.6 gigawatts (GW) cumulative capacity in the United States, transferred
NNPC harvests bids from 96 firms for downstream rehabilitation contract Buoyed up by the culture of Transparency, Accountability and Performance Excellence (TAPE) of the current NNPC management, no fewer than (96) prominent and reputable companies from various jurisdictions have indicated an interest in undertaking the rehabilitation of the Nigerian National Petroleum Corporation’s (NNPC) downstream infrastructure
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Total, Apache Corporation made an oil discovery in Block 58 off the coast of Suriname Total and Apache Corporation have made a new significant oil and gas discovery at the Keskesi East-1 well, in Block 58 off the coast of Suriname. This follows previous discoveries at Maka Central, Sapakara West, and Kwaskwasi. The well was drilled
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NNPC restates commitment to OPEC+ Agreement The Nigerian National Petroleum Corporation (NNPC) has reiterated its commitment to abide by the output cut agreement of the Organization of the Petroleum Exporting Countries (OPEC) and its allies aimed at stabilizing the global oil market. The Group Managing Director of NNPC, Mallam Mele Kyari, stated this Wednesday while
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