Africa Oil Corp. Renews PML 52 License in Nigeria
The license renewal strengthens the company’s production outlook in the offshore Agbami field.
Read the latest Archives of oil, gas and energy news.
The license renewal strengthens the company’s production outlook in the offshore Agbami field.
VAALCO Energy’s recent drilling contract award highlights a resurgence in Africa’s offshore oil and gas industry, a trend that will be a focal point at the Invest in African Energy Forum in Paris next May.
According to Rystad Energy, deepwater discoveries in Africa are expected to increase the continent’s hydrocarbon production by between 35-40% by 2035.
Africa Oil Corp. provided an update on its Nigerian operations, including progress on seismic surveys, a successful infill drilling campaign at Akpo and ongoing negotiations for continued drilling in 2025.
Nigeria’s Minister of State for Petroleum Resources (Gas) will speak at the Invest in African Energy Forum this May.
New offshore drilling and deepwater development projects are driving Nigeria’s oil and gas industry to be explored at the upcoming Invest in African Energy 2024 forum.
The sixth cargo of crude has been delivered to the Dangote Refinery this week, bringing the total crude stock received to six million barrels of oil.
Chappal Energies is set to acquire the Nigerian business of Norwegian multinational energy company Equinor.
The Canadian oil and gas company believes there are more growth opportunities.
Vitol and partners are set to acquire stakes in Nigerian offshore fields.