Middle East / Africa

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Country summary: Nigeria

energy-pedia opportunities - Nigeria:
Current deals: 4
Licensing articles: 51
Completed deals: 92

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Energy-Pedia opportunities is a unique, online, real-time market intelligence service, un-matched in the industry. It provides comprehensive details of upstream oil and gas opportunities worldwide, plus full details of all current and upcoming licence rounds. Helping established oil companies maintain and develop their upstream portfolios and enabling start-up companies to build successful businesses.

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Nigeria - recent news

17 Sep 23
Nigeria: BW Offshore sells Abo FPSO for USD 20 million
BW Offshore has closed the transaction for the sale of the Abo FPSO to STAC Marine Offshore, a member of the Nigerian Transport Group (STAC) for USD 20 million.
04 Sep 23
Nigeria: Eni signs agreement to sell Nigerian subsidiary NAOC to Oando
Eni has announced the signing of an agreement with Oando - Nigeria’s leading indigenous energy solutions provider listed on both the Nigerian and Johannesburg Stock Exchange - for the sale of Nigerian Agip Oil Company Ltd (NAOC Ltd), the wholly Eni-owned subsidiary focusing on onshore oil & gas exploration and production in Nigeria, as well as power generation.
01 Sep 23
BW Offshore signs short-term contract extension for Abo FPSO
BW Offshore has signed a short-term extension for the Abo FPSO with Nigerian Agip Exploration, a subsidiary of ENI, until 14 September 2023.
01 Sep 23
Nigeria: San Leon Energy announces update on proposed transactions
San Leon, the independent oil and gas production, development and exploration company focused on Nigeria, has announced a further extension to the longstop dates for the proposed transactions with Midwestern Oil & Gas Company and the Company's further conditional investments in Energy Link Infrastructure.
26 Aug 23
Westwood Insight - Nigeria’s oil and gas sector set to liven up with 140 new wells drilled year-on-year to 2030
Nigeria's newly elected president has made public his administration’s intent to boost crude production from the 1.3 mmbpd produced in 2022 to 2.6 mmbpd by 2027. While Westwood expects there to be growth, this target appears to be overly ambitious. Given the projects on the horizon, Westwood forecasts oil production output of 1.9 mmbpd by 2030.

Nigeria - more news

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