Latest news
Total achieves first oil at giant Egina field
Nigerian unit of French oil major, Total, said on December 29, 2018, it commenced production from the Egina field, located in around 1,600 meters of water depths, 150 kilometers off the coast of Nigeria.
read more... 03/01/2019
Total To Launch Oil Exports From New Nigerian Field In February
Just as OPEC and partners will have started the new round of production cuts to reduce oversupply, France’s Total is set to begin exports from the new ultra-deep Egina oil field offshore Nigeria in February 2019, at an initial rate of just over 100,000 bpd, Bloomberg reported on Thursday, quoting a copy of a loading program for the new grade it had seen.
read more... 21/12/2018
Poland Buys Nigerian Oil In Latest Attempt To Cut Russia Oil Dependence
Poland’s largest oil refiner, state-run PKN Orlen, has bought its first ever Nigerian crude oil cargo expected to arrive in mid-October, the Polish company’s chief executive told Reutersamid Poland’s ongoing efforts to cut its reliance on Russian oil.
read more... 09/10/2018
Savannah makes oil discovery at Kunama-1 exploration well in Niger
The oil find at the Kunama-1 well, which was drilled by the GW 215 Rig to a total measured depth of 2,460m, marks the firm’s third consecutive discovery in its maiden exploration campaign in the R3 portion of the R3/R4 PSC Area in ARB.
read more... 13/07/2018
GE to upgrade & develop Nigeria's power infrastructure
Industrial digital company GE signed of a Letter of Intention to collaborate with the Niger Delta Power Holding Company (NDPHC) on the development of an End-To-End to Power Intervention (EEIP), the company announced on Thursday, during the France-Nigeria Business Forum in Lagos
read more... 06/07/2018