nigeria oil sector

  1. Nigeria Business News

    Business Oil exploration breakthrough in Gongola opens up new frontiers – Nairametrics

    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 … Read...
  2. Nigeria Business News

    Business ‘Non-passage of PIB hurts oil industry investment’ – The Guardian Nigeria News

    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.... Read more via...
  3. Nigeria Business News

    Business Pan Ocean Deepens Investment In Nigeria’s Oil Sector Infrastructure – Leadership Newspaper

    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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