Niger Delta News


Nigeria Planning Auction for Seven Deep Offshore Oil Blocks

Oct 31, 2022

Nigeria is planning to auction seven deep offshore oil blocks, 15 years since the last ones were auctioned, the upstream regulator said on Saturday. Apart from marginal fields, Nigeria last conducted bidding for 45 oil blocks in 2007 even when…

Exploded Nigerian FPSO was 'old, badly maintained' - Sources

Feb 07, 2022

An oil vessel used for storage that exploded off the coast of Nigeria last week had not been maintained for some time and had technical issues, two sources and an environmental group said on Friday, as its wreckage lay in the sea after the fire was put out…

FPSO Explodes Offshore Nigeria

Feb 03, 2022

An oil production and storage vessel exploded off the coast of Nigeria early on Wednesday with 10 crew members on board though it was not yet clear if there were any casualties or how much crude might have spilled into the sea.Nigeria's Shebah…

Model Testing Complete for Delta Offshore Energy's 3.2GW LNG-to-Power Project

Oct 25, 2021

Delta Offshore Energy (DOE), a company working to develop the 3200 MW Bac Lieu LNG-to-Power Project in Vietnam, has said that model testing of the LNG receiving terminal technology has been successfully completed.As previously reported DOE Delta…

Cameroon: Tower Resources Nears Thali Block Farm-out

Sep 21, 2021

Africa-focused oil and gas firm Tower Resources has said that the documentation for its proposed farm-out of a share in the Thali offshore block in Cameroon has been finalized and submitted to the country's authorities for approval.As reported in August…

PGS Releases More Data in Support of Oil Exploration Offshore Nigeria

Aug 20, 2021

Norwegian seismic data firm PGS has this week made available an additional 1000 sq. km of reprocessed 3D data from OPL 248 are offshore Nigeria, completing its PGS Niger Delta 2020 Reprocessing package.The company said the data package was well…

Oil Companies Owe Nigerian State Agency $4 Billion, Minister Says

Aug 19, 2021

International oil companies operating in Nigeria owe $4 billion to an agency responsible for fostering development in the Niger Delta, the impoverished wetlands region where much of the industry is located, a minister said on Thursday.Tayo Alasoadura…

Cameroon: Tower Resources to Farm Out Stake in Thali Block to Beluga

Aug 10, 2021

Africa-focused oil and gas firm Tower Resources has signed an agreement to farm out some of its stake in the Thali block offshore Cameroon to Beluga Energy Limited.Under the binding Heads of Agreement, Beluga will take a 49% non-operating working interest in Thali Production Sharing Contract…

OES to Provide Drilling Rig for ADM's Barracuda Field in Nigeria

Apr 21, 2021

Oil and gas investment company ADM Energy which in March agreed to invest in the development of the Barracuda oil field in OML 141 in swamp/shallow waters offshore Nigeria, has entered into a non-binding collaboration agreement with OES Energy Services Limited ('OES')…

ADM, Eunisell Exploring Barracuda Field Development Options

Apr 12, 2021

Oil and gas investment company ADM Energy which in March agreed to invest in the development of the Barracuda oil field in OML 141,  an existing discovery and near-term production asset in swamp/shallow waters offshore Nigeria, has signed a…

Shell's Tech Pro Joins Management of Offshore Digital Twin Firm Akselos

Apr 07, 2021

Akselos, a company developing real-time digital twins for offshore energy industry applications, has appointed Shell Venture’s Michiel Van Haersma Buma as Vice President of Customer Success.Van Haersma Buma joins Akselos after a 12-year career with Shell as a commercial technologist…

Tower Resources Gets License Term Extension in Cameroon

Mar 31, 2021

Africa-focused oil firm Tower Resources has received an extension of the first exploration period at its Thali license offshore Cameroon.It said Wednesday that the Government of the Republic of Cameroon had notified its subsidiary in Cameroon…

Eni, Shell Acquitted in Nigerian Oil Block Graft Case

Mar 17, 2021

A Milan court on Wednesday acquitted energy companies Eni and Royal Dutch Shell along with a series of past and present managers including Eni Chief Executive Claudio Descalzi in the oil industry's biggest corruption scandal.The sentence, read out in court by judge Marco Tremolada…

Court Set to Issue Verdict on Nigerian Offshore Oil Field Corruption Case Involving Shell, Eni

Mar 17, 2021

A Milan court is due to issue a verdict on Wednesday in the oil industry's biggest corruption trial, a case centered around the purchase of a Nigerian oilfield by Eni and Royal Dutch Shell for $1.3 billion a decade ago.After more than three years of proceedings and 74 hearings…

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