Oil & Gas

Shell Petroleum Development Company (SPDC) has the shutdown its floating, production, storage and offloading (FPSO) vessel, located off the Bayelsa coastline due to water leakage. The FPSO is a floating vessel used …

The Organization of Petroleum Exporting Countries, OPEC and its allies, have increased Nigeria’s oil quota to 1.830 million barrels per day, mb/d in September 2022, from 1.826 mb/d in August …

The Shell Petroleum Development Company (SPDC) says it will acquire drones to monitor its pipelines and wellheads in the Niger Delta region. Igo Weli, SPDC’s general manager, external relations, made …

Seplat Energy, Nigeria’s leading energy supplier has commenced the commercial injection of crude oil through the new Amukpe-Escravos Pipeline located in Niger Delta. The company previously depended on the Trans …

Transnational Corporation Plc (Transcorp) has released its half-year results for the year ended June 30th, 2022, posting 85 per cent profit after tax as revenue for the year grew. The …

The President of the Democratic Republic of Congo, Félix Tshilombo, has invited international investors to tender bids for the country’s oil and gas blocs as the government moves to diversify …

Seplat Energy on Thursday in a filing to the capital market, Nigerian Exchange Limited (NGX), announced the resignation of Arunma Oteh as a non-executive Director in the company. Arunma Oteh, …

Addax Petroleum Development Nigeria workers have embarked on strike over anti-labor practices. Nigeria’s oil production may suffer a further decline of 22,000 barrels of oil per day as a result …

TotalEnergies, a broad energy company that produces and markets energies on a global scale has begun production from the Ikike field in Nigeria, which is expected to deliver peak production …

The Federal Government of Nigeria has shut down the diving operations of Scorpion Oil Services onboard MV African Installer offshore Lagos, Nigeria, for operating without the requisite approvals and violating …