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Tag: nigerias
Nigerias Oil Regulator Revokes Four Addax Field Licenses
2021-04-08 16:36:11| OGI
Department of Petroleum Resources director Sarki Auwalu said in a post on the DPR website that Addaxwas not developing the assets sufficiently.
Tags: field
oil
licenses
regulator
Nigerias Heirs Holdings Buys 45% of Oilfield OML 17
2021-01-15 21:18:19| OGI
In a separate statement, TNOG owner Heirs Holdings said it had taken a 45% stake in the field, acquiring the stakes of Shell, Total and Eni.
Tags: holdings
buys
heirs
oilfield
Nigerias Senate President Vows Action on Long-delayed Oil Reform Law
2021-01-13 15:18:36| OGI
The measure, 20 years in the making, underpins everything from oil exploration to gas pipelines and fuel regulation.
Tags: action
law
president
oil
Lagos Court Rulings Complicate Nigerias Plan for Oilfield Licensing Round
2020-06-01 17:16:45| OGI
Nigeria had revoked the licenses so these fields could go into the new licensing round, which the country hopes will boost oil output and bring in much-needed revenues from fees associated with the licenses.
Tags: plan
court
round
licensing
Research Shows Nigerias Oil Output Could Fall 35% Without Reforms
2020-02-14 16:01:21| OGI
Nigeria is Africas largest oil exporter, with output close to 2 million barrels per day (MMbbl/d), but it needs continual investment to maintain output as fields naturally decline.
Tags: without
research
shows
fall