Nigeria News

 

Marginal Energy, Sierra Leone Sign $225m Offshore Oil Agreement

Apr 23, 2026

Sierra Leone said on Thursday it had signed a petroleum licence agreement with Nigeria‑based Marginal Energy Limited, granting the company offshore exploration and production rights as the government seeks to revive interest in its under‑explored upstream sector.The licence, signed through the Petroleum Directorate of Sierra Leone (PDSL), covers offshore blocks G‑145, G‑146, G‑147, G‑160 and G‑161…

TotalEnergies Boosts Stake in Nigerian Offshore Exploration Block

Nov 19, 2025

TotalEnergies has signed agreements with Conoil to acquire a further 50% interest in oil exploration block OPL 257 from its Nigerian partner, bringing its holding to 90%, the French group said on Wednesday.The deal is part of efforts to consolidate…

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