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Critical factors that will shape Seplat’s 2020 production

A report showing how Seplat Petroleum Development Company Limited plans to stay in business this year has emerged. BusinessDay carried out an analysis of the company’s 2019 financial result which reveals how the company plans to stay in business this year.

Revoked OML 98 Oil mining licence handed over to NPDC

The Department of Petroleum Resources (DPR) has officially handed over the control of the Oil Mining Licence (OML) 98 to the Nigerian Petroleum Development Company (NPDC), the upstream unit of the Nigeria National Petroleum Corporation (NNPC).

Chevron awards Aquaterra modular rig for Angola

Aquaterra Energy has been awarded a contract to design and support the installation of a conductor supported platform (CSP) offshore Angola by Chevron subsidiary Cabinda Gulf Oil Co. Ltd. (CABGOC).

Nigeria complies with OPEC’s crude oil quota

The group Managing Director, Nigerian National Petroleum Corporation (NNPC), Mele Kyari, has said that the country is fully compliant with the quota for crude under the Organization of Petroleum Exporting Countries (OPEC) agreement, with its quota of 1.77 million barrels per day in December.
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