Latest News for: Offshore nigeria


Revealed: Ex-Nigerian gov’t official to share in $11bn gas scandal damages

Al Jazeera 22 Sep 2023
As part of an arrangement that Nigeria’s government calls “extraordinary” and “corrupt”, Grace Taiga, the petroleum ministry’s former head lawyer, hopes to share in the record-breaking $11.4bn awarded to the offshore company Process & Industrial Developments (P&ID) before England’s High Court.Keep reading.

Exxon pledges more Nigerian oil output - presidential spokesperson

Reuters 19 Sep 2023
ABUJA, Sept 19 (Reuters) - Exxon Mobil Corp (XOM.N) has pledged additional oil production of nearly 40,000 barrels per day in Nigeria in a new investment push in the country, a presidential spokesperson said on Tuesday, citing Exxon's president of global upstream operations ... Nigeria's state oil firm NNPC Ltd.

BW Offshore completes sale of Nigerian floater

Splash24/7 15 Sep 2023
Oslo-listed BW Offshore has completed its non-core fleet divestment programme with the sale of the floating production storage and offloading (FPSO) unit Abo, operating offshore Nigeria. STAC Marine Offshore, a ...

BW Offshore wraps up sale of West Africa FPSO to Nigeria buyer

Upstream Online 15 Sep 2023
The vessel has been operating on Eni's Abo field offshore Nigeria ...

BW Offshore wraps up West Africa FPSO sale

Upstream Online 15 Sep 2023
The vessel has been operating on Eni's Abo field offshore Nigeria ...

Oando Set to Take Over Agip’s Oil, Gas, Power Assets in Nigeria

This Day 05 Sep 2023
•Eni to focus on offshore business in Nigeria ...  “Eni continues to operate in the country focusing on operated offshore activities. Participations in operated-by-others assets, both onshore and offshore, and Nigeria LNG will remain in Eni portfolio too,” the global oil giant noted.

Kyari Parleys New TotalEnergies’ Country Chair, Bouyer

This Day 04 Sep 2023
Bouyer, is expected to oversee TotalEnergies upstream arm at a time divestment of assets had become dominant amongst the international oil companies (IOCs), which want to exist the perceived high risk onshore assets in Nigeria in preference for the low risk offshore assets.

Blue economy prospects – Opportunities and Challenges for Nigeria

B & FT Online 04 Sep 2023
Fishing, coastal leisure and tourism, shipbuilding, seawater desalination, offshore oil and gas, and shipping (maritime transportation) are some of the economic activities in the traditional sector ... As noted by Braimah (2023), African countries such as Nigeria, Madagascar, Kenya, South Africa and Somalia have potential blue economies.

Eni to Sell Nigerian Subsidiary to Energy Company Oando

Market Watch 04 Sep 2023
... will maintain its presence in Nigeria with Nigerian Agip Exploration and Agip Energy and Natural Resources, as well as through onshore and offshore assets operated by others.

Eni to become latest oil giant to sell onshore Nigerian assets

Reuters 04 Sep 2023
It is also another step out of Nigeria's onshore ... Most oil majors, including Eni, have kept stakes in offshore assets in Nigeria, typically Africa's largest oil exporter, which has struggled to pump in the past several years due to theft and years of under-investment.

Tantita Security Demands Release of Detained Operatives, Insists Arrest Was in Error

This Day 03 Sep 2023
Nigeria . ... It explained that its eight-man patrol team operating in Ondo State received credible intelligence on Monday that a motorised wooden boat was illegally loading crude oil from an offshore oil well jacket operated by Cavendish Nigeria Limited, where the MT TURA II was caught stealing crude oil a few months ago.

Tompolo’s Firm Accuses Navy of Shielding Oil Thieves

This Day 03 Sep 2023
... area received credible intelligence that a motorised wooden boat was illegally loading crude oil from an Offshore Oil Well Jacket, the same Well Jacket in OML 110 operated by Cavendish Petroleum Nigeria Limited, where the MT TURA II was caught stealing crude oil a few months ago.

Nigerian President appoints controversial minister accused of corruption

Blitz 01 Sep 2023
Bagudu, a former ally of notorious dictator Sani Abacha, has been accused of involvement in embezzling billions of dollars from Nigeria during Abacha’s regime ... corruption in Nigeria ... The money was allegedly funneled out of the country through a network of offshore companies.

BW Offshore FPSO staying longer off Nigeria

Offshore Energy Today 01 Sep 2023
Eni has agreed on another short-term contract extension with BW Offshore for an FPSO, which is working on a field offshore Nigeria. The post BW Offshore FPSO staying longer off Nigeria appeared first on Offshore Energy ... .

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AP / Russian Defense Ministry Press Service via AP
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AP / Sevastopol Governor Mikhail Razvozhaev telegram channel via AP, File
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