Latest News for: Offshore nigeria

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Nigeria and offshore company square off over arbitration award

Business Day 29 Jan 2023
A bitter face off between Nigeria and an offshore company over an $11bn arbitration award intensified last week as lawyers traded accusations of corruption and ineptitude in a London courtroom.
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Nigeria: Equinor to Divest $1bn Stake in Nigeria's Agbami Oil Assets

All Africa 27 Jan 2023
As gale of International Oil Companies(IOCs) divestment from Nigeria deepens, Norwegian energy firm, Equinor has hired Standard Chartered to assist in the sale of its major stake in an offshore oilfield in Nigeria ....
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Equinor Begins Exit from Nigeria, Set to Sell Assets for $1bn

This Day 26 Jan 2023
Nigeria’s offshore oil and gas operations remain lucrative due to their larger scale, better security and attractive financial terms offered by the government ... Equinor launched the sale process after last year signing a deal with Nigeria’s national oil company, NNPC to ...
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Exclusive: Equinor joins Western oil firms' retreat from Nigeria -sources

Reuters 25 Jan 2023
Nigeria's offshore oil and gas operations remain lucrative due to their larger scale, better security and attractive financial terms offered by the government ... Equinor launched the sale process after last year signing a deal with Nigeria's national oil company NNPC to ...
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Equinor Looks To Offload $1 Billion In Nigerian Oil Assets

Oil Price 25 Jan 2023
The potential sale of Equinor’s 20% stake in the Agbami field offshore Nigeria could fetch up to $1 ...
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Tirex completes Ikike well-drilling, gets contract extension

Business Day Online 25 Jan 2023
A statement by the company said the project commenced in July 2021, at the Ikike ...
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Sun sets on abandoned fields in Mauritania and Ghana

Upstream Online 24 Jan 2023
Two sizeable well decommissioning campaigns are underway offshore Mauritania and Ghana.
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How Noble rigs fare and what are they up to?

Offshore Energy Today 23 Jan 2023
Read about Noble Corporation's financial update and new contracts and extensions for its rig fleet in the U.S. Gulf of Mexico and Nigeria. The post How Noble rigs fare and what are they up to? appeared first on Offshore Energy ... .
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Tirex P&E Completes Ikike Well-drilling, Gets Contract Extension

This Day 22 Jan 2023
A statement by the company said the project commenced in July 2021, at the Ikike Field, located approximately 20km offshore Nigeria, as part of the Oil Mining Lease (OML99) with a total of five wells drilled and completed and a 120-day well intervention scope at the Amenam Platform.
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Eni prolongs FPSO’s stay off Nigeria

Offshore Energy Today 16 Jan 2023
Eni has handed out another short-term contract extension to BW Offshore for one of its FPSOs, which is working on a field offshore Nigeria. The post Eni prolongs FPSO’s stay off Nigeria appeared first on Offshore Energy ... .
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As 16-year deal comes to an end, Yinson sells FPSO operating off Nigeria

Offshore Energy Today 16 Jan 2023
Following the completion of a 16-year contract, Malaysia’s Yinson has wrapped up the sale of an FPSO deployed off Nigeria. The post As 16-year deal comes to an end, Yinson sells FPSO operating off Nigeria appeared first on Offshore Energy ... .
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BW Offshore agrees further extension for FPSO in Nigeria

Splash24/7 15 Jan 2023
... charter extension with Eni’s subsidiary Nigerian Agip Exploration for the floating production storage and offloading (FPSO) unit Abo, operating offshore Nigeria.
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NUPRC Announces Commencement of Deep Offshore Mini-bid Round

This Day 12 Jan 2023
Gbenga Komolafe, the agency noted that the development presents an opportunity to spur new exploration and drilling activities in the prospective deep waters offshore Nigeria ... The mini-bid round is an opportunity to spur new exploration and drilling activities in the prospective deep waters offshore Nigeria,” Komolafe said.
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Yinson wraps up 16-year FPSO contract in Nigeria as Addax exercises purchase option

Splash24/7 12 Jan 2023
Malaysian floater operator Yinson has successfully completed the 16-year contract for the 1985-built FPSO Adoon, which has been operating at Block OML 123 offshore Nigeria.
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Additional work in Nigeria extends Dolphin Drilling rig’s backlog

Offshore Energy Today 10 Jan 2023
Dolphin Drilling has received a new Letter of Award (LOA) for a semi-submersible rig, which will prolong the rig’s assignment off Nigeria. The post Additional work in Nigeria extends Dolphin Drilling rig’s backlog appeared first on Offshore Energy ... .

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