
Market Report: NNPC Resumes Oil Drilling in Chad Basin
The Nigerian National Petroleum Corporation (NNPC) Limited, has resumed an oil drilling campaign at its Wadi-B well in the Chad Basin, situated in Nigeria’s Borno State.
Read the latest Archives of oil, gas and energy news.
The Nigerian National Petroleum Corporation (NNPC) Limited, has resumed an oil drilling campaign at its Wadi-B well in the Chad Basin, situated in Nigeria’s Borno State.
Nigeria has introduced six new oil and gas regulations aimed at fostering sustainable growth in the midstream and downstream sectors.
The NNPC has spent approximately $1.1 billion towards the overall $2.5 billion Ajaokuta-Kaduna-Kano gas pipeline project.
Gabon has signed a memorandum of understanding with Perenco for a new gas-fired power plant in the Central African country’s town of Mayumba.
President Macky Sall inaugurated a 120 MW diesel-fired power plant designed to convert to a gas-to-power facility at a later date.
Angola’s ANPG has signed an addendum to Blocks 30, 44 and 45 in the Namibe Basin to make exploration more competitive.
NNPC has signed a Memorandum of Understanding with The Gambia to explore and develop crude oil in the West African nation
Angola’s ANPG has scheduled maintenance of the TotalEnergies-operated FPSO vessel located in Block 17.
NNPC Limited has acquired international oil and gas production and exploration company, Addax Petroleum’s, production sharing contract assets.
Tower Resources received a loan of $7.1 million for the partial financing of its Njom-3 oil well, with drilling activities expected by Q3 2022.