San Leon’s Eroton out as operator after NNPC move
Some of these probes may result in the licence being revoked “if drastic steps are not taken by non-operating partners”.
Sahara Group
San Leon denies NNPC, Sahara move on OML 18
It did though note that “armed and unknown men” had forcibly evicted Eroton staff from the Alakiri gas plant on February 24. These men claimed to represent OML 18 Energy Resource, a subsidiary of Sahara Group.
Afreximbank signs RBL deal with Amni, commits to energy bank
Afreximbank has agreed to provide $600 million in financing to Nigeria’s Amni International Petroleum Development.
San Leon’s Fanning sets out the OML 18 plan
Things are looking up for San Leon Energy (LON: SLE), with the company closing in on the completion of its Nigeria deal and managing to avoid the termination of its listing on London’s AIM.
Sahara, NNPC add two LPG vessels
Sahara Group and Nigerian National Petroleum Corp. (NNPC) have taken ownership of two LPG vessels in South Korea, with plans to reach 10 vessels in the next 10 years.
Savannah begins Afam gas sales
Savannah Energy has begun gas sales to a power plant in Rivers State, Nigeria, via its Accugas subsidiary.
PIB fails to regain investor enthusiasm
Nigeria’s plans to overhaul its exploration and production sector through the Petroleum Industry Bill (PIB) fall short, according to Mariah Lucciano-Gabriel.
A new normal for energy?
COVID-19 has changed the world in many ways and energy hasn’t been excused. In early 2020, there was a perfect storm of excess supply and massive reductions in demand. Since then, the market has become far more balanced and the oil price seems to be tightly bound in a narrow price range.
IMO 2020: coming up VLSFO
Six months on from the passage of the IMO 2020 initiative – the International Maritime Organisation ruling that required the marine sector to reduce sulphur emissions by over 80% – how has the market responded to the new position, asks Andy Laven, COO of Sahara Energy Resources DMCC
Finding the “new norms” in the post-COVID supply chain
Coronavirus looks set to have a continued impact on energy demand beyond the near term and supply chains must become more adaptable in order to navigate the uncertain future, writes Andy Laven, COO of Sahara Energy Resources DMCC
Savannah cashes in on Nigerian gas work
Savannah Energy has paid down $40 million of debt as of the end of March as a result of its Nigerian gas supply business.
NNPC coronavirus case in Abuja
A Nigerian National Petroleum Corp. (NNPC) employee has tested positive for coronavirus in the Nigerian capital of Abuja.
Enageed seeks early production bids
Enageed Resource has issued tenders for the installation of oil tanks and an early production facility on its Oki-Oziengbe area.