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Gongola Basin Oil Find will boost job creation – Kyari

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) Mallam Mele Kyari has outlined possible ways the Nigeria economy in general and the oil and gas industry, in particular, could reap from the recent discovery of hydrocarbon deposits in the Kolmani River II well in the Upper Gongola Basin section of Benue trough.

PetroNor and Yinka Folawiyo Petroleum to operate Aje Petroleum together

PetroNor announces that it has entered into a separate investment and shareholders agreement with OML 113 operator, Yinka Folawiyo Petroleum (YFP) to form a partnership and own a Special Purpose Vehicle (SPV) named Aje Petroleum together. Aje Petroleum will focus on revitalization to develop OML 113 and Aje oil and gas field, offshore Nigeria (Aje…

Shell wins PETAN’s industry achievements award

Shell companies on Friday won the achievement award at the 2019 awards night of the Petroleum Technology Association of Nigeria (PETAN), the organization in charge of indigenous technical oilfield service companies in the upstream and downstream sectors of the Nigerian oil and gas industry.

Africa to double its gas production by 2040 – GECF

The second Gas Exporting Countries Forum (GECF) International Gas seminar held last week announced that Nigeria and other African countries will increase their presence in the global energy sphere. Africa will contribute as much as 9.2 percent to global natural gas production by 2040.
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