Buhari backs oil law changes
Nigerian President Muhammadu Buhari has said the country will soon pass the Petroleum Industry Bill (PIB), various versions of which have been in the offing for more than 10 years.
Nigeria
Rivers makes OML 11 move
The Rivers State government claims to have bought Shell Petroleum Development Co.’s (SPDC) 45% stake in OML 11, part of the Ogoniland, in execution of a legal ruling.
Nigerian pipeline problems drive hunt for alternatives
Losses and downtime from Nigeria’s OML 18 have reached 32% of production, San Leon Energy has reported in its half-year results.
Kyari pins hopes to Nigerian refining rehabilitation
Nigeria is set to make a fresh push into rehabilitating its poorly performing refineries, Nigerian National Petroleum Corp. (NNPC) head Mele Kyari said on the weekend.
Nigeria strikes back at P&ID
An Abuja court has found two officials from Ireland’s Process and Industrial Developments (P&ID) guilty on a number of fronts. This led to the Nigerian judge declaring all of P&ID’s assets to be forfeit.
NLNG chooses contractor for Train 7
Nigeria LNG (NLNG) has chosen a consortium made up of Saipem, Chiyoda and Daewoo E&C (SCD) to carry out work on the project’s seventh train. The choice of the SCD consortium was set out on September 11 at a ceremony in Abuja, with the signing of a letter of intent (LoI).
As Gbetiokun flows, Eland lines up exploration
Eland Oil & Gas is beginning to reap the rewards of its second field in Nigeria’s Oil Mining Licence (OML) 40 starting up, allowing it to move into exploration plans.
Africa’s largest oil producer fears fiscal crisis
Africa’s largest oil producer could run out of money if it doesn’t boost revenues urgently.
Nigerian court orders renewal of Shell oil lease, report says
A Nigerian high court ordered the government to renew Shell Petroleum Development Co.’s operating license for the Oil Mineral Lease 11 field, which was withdrawn earlier this year, Lagos-based Punch newspaper reported.
Eland Oil and Gas hails first production from Nigerian field
Aberdeenshire-headquartered Eland Oil and Gas has hailed first production from one of its key projects in West Africa.
Oil giants note – Nigeria now has chance to open its fields
Investors’ 11-year wait for the Nigerian government to open up Africa’s biggest crude industry may be over.
Eland gets Nigerian field development plan approval
Aberdeenshire-headquartered Eland Oil & Gas has received approval from Nigeria's petroleum department for its Gbetiokun field development plan.
Scottish oil worker freed a month after Nigerian abduction
A Scottish oil worker kidnapped by gunmen in the oil-rich Niger Delta region has been freed.
Shell, Eni executives named in $1billion Nigeria bribery suit
Royal Dutch Shell Plc and Eni SpA face additional corruption allegations over a Nigerian oil deal, after the West African country’s government said in a London lawsuit that it believes a handful of executives, including CEOs, were tied to more than $1billion in bribery payments.
Military operation launched to free Scots oil worker in Nigeria
A major military operation has been launched to rescue a Scottish oil worker who was kidnapped by gunmen in the restive, oil-rich Niger Delta region.
Scottish oil worker kidnapped from Nigerian rig – report
A Scottish worker has been kidnapped from an oil rig in Nigeria, according to a news report.
Report alleges Shell and Eni made military-style Nigerian oil deal
A new report alleges that Shell and Eni benefited ‘at the expense’ of the Nigerian people in a generous military-style contact in 2011.
James Fisher Subsea Excavation sets up Nigeria base
An Aberdeenshire subsea excavation company has wrapped up its first project in Nigeria and established a base in the West African country.
Eland look to double production once again in 2019
Strong financial results have caused Aberdeenshire-based Eland Oil and Gas to look at doubling production once again in 2019 after doing it last year.
Nigerian oil region crisis threatens Buhari’s economic plans
Fresh from his comfortable re-election, Nigerian President Muhammadu Buhari faces a huge hurdle to keep his vow to end the economy’s addiction to oil: win a lasting peace in the crude-rich Niger River delta.
Witness in Shell-Eni Nigeria trial withdraws graft accusations
A retired Swiss oil executive who previously said he had knowledge of illicit dealings over a Nigerian oil block involving Royal Dutch Shell Plc and Eni SpA reversed his statements at a trial in Milan Wednesday.
Dozens missing after pipeline explodes in Nigeria
More than 50 people are missing after a leaking oil pipeline exploded and caused a stampede in southern Nigeria, local officials say.
Shell faces prosecution in Netherlands over Nigeria oilfield deal
Anglo-Dutch energy giant Shell said today that it faced criminal charges over the purchase of a Nigerian oilfield in 2011.
Nigerian widows give evidence against Shell over executions
A two-decade fight over whether Royal Dutch Shell contributed to the execution of nine Nigerian oil-industry critics has landed at the company’s doorstep.
Oil and gas investment landscape in Nigeria
Nigeria is the largest economy in Africa and one of the most popular sub-Saharan states to have received foreign investment from European, US and Chinese investors over recent years. It is one of the world’s larger oil producing countries, with daily production of nearly two million barrels, more than twice that of the UK. It has been a member of the Organisation of Petroleum Exporting Countries (OPEC) since 1971.