On October 10, the NNPC drilling crew working at Kolmani River-II in Gongola Basin encountered hydrocarbon outflow to the wellhead while testing.
Preliminary evidence from the exploration area revealed that the hydrocarbon deposits consist of gas, condensate, and light, sweet crude …
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From the Minister of State for Petroleum, Timipre Sylva, came yesterday a disclosure that the non-passage of the Petroleum Industry Bill ( PIB) has discouraged investments in the oil sector, resulting in the stagnation of the oil reserves at 37.5billion barrels since 2007....
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The technical start up and unveiling of three newly completed milestone projects of Pan Ocean Oil Corporation (Nigeria) Limited (operator of the NNPC/Pan Ocean Joint Venture), has been slated for June, 2019.
The projects are the Amukpe-Escravos Pipeline Project (AEPP), Ovade-Ogharefe Gas...
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