Latest News for: Offshore nigeria

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Tinubu Launches Bid to Raise Oil Output By 1m bpd in 12 Months

This Day 22 Oct 2024
Mobil Producing Nigeria Unlimited (MPNU) to Seplat Energy Offshore Limited; Equinor Nigeria Energy Company Limited to Project Odinmin Investments Limited; Nigerian Agip Oil Company Limited to Oando ...
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CRC Evans completes successful multi-million campaign offshore Nigeria

Oilfield Technology 21 Oct 2024
CRC Evans has successfully completed its work scope to deliver a range of welding services to support First E&P’s Alpha Project located offshore Nigeria ... .
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Nigeria’s Offshore Oil, Gas Production Industry Projected to Hit $47bn by 2031

This Day 21 Oct 2024
The value of Nigeria’s offshore oil and gas production market will grow from the $34.18 billion in 2023 to $47.03 billion by 2031, a new market research has found ... “Nigeria Offshore Oil and Gas ...
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Shelf Drilling secures $234m rigs contracts for Nigeria’s operations

Business Day Online 21 Oct 2024
Oslo-listed drilling contractor Shelf Drilling has secured contracts for two jack-ups valued at approximately $234 million for operations offshore Nigeria. read more Shelf Drilling secures $234m rigs contracts for Nigeria’s operations ... .
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Nigeria: Nigeria's Offshore Oil, Gas Production Industry Projected to Hit $47bn By 2031

All Africa 21 Oct 2024
Abuja -- The value of Nigeria's offshore oil and gas production market will grow from the $34.18 billion in 2023 to $47.03 billion by 2031, a new market research has found ....
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Boost for Nigeria as NNPC, Chevron Make 17,000bpd New Oil Find in N’Delta

This Day 19 Oct 2024
Nigeria’s aspiration to rake in additional foreign exchange inflow has received a boost, with Chevron Nigeria Limited (CNL) announcing yesterday that it had discovered a 17,000 barrels per day new oil well in the Niger Delta.
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Lebanese Company MaliaTec Wins Grand Prix at Wialon’s IoT Project of the Year 2024 Competition

The Gulf Time 18 Oct 2024
ActiveGuard Telematics, Nigeria – Advanced vessel monitoring & fuel management system for offshore operations Best IoT Innovation for Asset Protection.
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NUPRC: Entry Fees for Investors Eyeing Nigeria’s Seven Offshore Assets, 24 Acreages Globally Competitive

This Day 13 Oct 2024
The Nigerian Upstream Regulatory Commission (NUPRC) has stated that the entry fees and bonuses for Nigeria’s seven deep offshore assets and 24 acreages are globally competitive ... To harness Nigeria’s ...
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Esgian Week 41 Report: Operators in Norway Preparing for Drilling

MarineLink 13 Oct 2024
Shelf Drilling has secured new contracts for its 350-ft jackups Shelf Drilling Achiever and Adriatic I offshore Nigeria ... for exploration drilling in block 7122/9 in the Barents Sea offshore Norway.
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Finally, Subsidy Is Gone! NNPC Sells Petrol for N1,030/Litre in Abuja, N998 in Lagos

This Day 10 Oct 2024
... of Nigeria (MEMAN), Mr ... He noted that refining crude oil at local refineries will also save the cost of transporting crude to offshore refineries and transporting refined products back to Nigeria.
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LCCI: Exemption of Cooking Gas, Diesel from VAT will Reduce Cost of Living

This Day 06 Oct 2024
Nigeria ... “Implementing the VAT Modification Order 2024 and Notice of Tax Incentives for Deep Offshore Oil & Gas Production are significant fiscal incentives that can revitalise Nigeria’s oil and gas sector,” she said.
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FG Unveils New Fiscal Incentives to Boost Oil, Gas Sector

This Day 02 Oct 2024
... CNG, others Ofers new tax reliefs for deep offshore projects ... This initiative is aimed at positioning Nigeria’s deep offshore basin as a premier destination for global oil and gas investments.
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Nigeria lures investors with tax incentives for deep offshore, gas projects

Business Day Online 02 Oct 2024
The Nigerian government has announced a series of tax incentives for deep offshore projects, in a bid to attract foreign. read more Nigeria lures investors with tax incentives for deep offshore, gas projects ... .
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ExxonMobil accelerates African energy investments and frontier exploration

Capital Ethiopia 01 Oct 2024
With offshore oil reserves currently responsible for 32% of Nigeria’s production, ExxonMobil – with its core deepwater engineering strengths – is perfectly positioned to drive the next development ...

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