Nigeria Oil and Gas

Nigeria Grants Exemption on Single Accounts to NNPC BOI and 11 other MDA’s

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Nigeria Grants Exemption on Single Accounts to NNPC BOI and 11 other MDA’s The TVC news online reports that the Federal Government of Nigeria, through the Office of the Accountant-General of the Federation(AGF), has granted an exemption on the Treasury Single Account(TSA) to 13 entities under its Ministries, Departments and Agencies(MDAs) in line with the […]

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Market For Oil and Gas Paints and Coatings in Nigeria and Angola To hit $1.13 Billion

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Market For Oil and Gas Paints and Coatings in Nigeria and Angola To hit $1.13 Billion A new report by Frost & Sullivan (F &S) has estimated that the offshore oil and gas paints and coatings market in Nigeria and Angola would hit $1.13 billion in 2019. Founded in 1961, Frost & Sullivan has more

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NNPC Secures a $1.2B Drilling financing package for the running of 36 oil wells

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NNPC Secures a $1.2B Drilling financing package for the running of 36 oil wells. Nigeria’s state oil company NNPC has secured a $1.2 billion multi-year drilling financing package to contribute to the running of 36 oil wells to be operated as part of a joint venture deal, it said on Sunday as reported by Reuters.

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ExxonMobil Starts Oil Production at Erha North Phase 2 Project Ahead of Schedule, Well Under Budget

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Press Release September 16, 2015 09:00 AM Eastern Daylight Time : ExxonMobil Starts Oil Production at Erha North Phase 2 Project Ahead of Schedule, Well Under Budget Project starts up five months early and $400 million under budget Daily oil production to increase by 65,000 barrels per day Subsea development ties into existing infrastructure for

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