Nigeria News

 

Blackford Dolphin Semi-submersible Rig Starts Drilling Contract in Nigeria

Mar 21, 2023

Dolphin Drilling's Blackford Dolphin semi-submersible drilling rig has started its contract with General Hydrocarbons Limited (GHL) in Nigeria.After its recertification for a new five-year period in Las Palmas, Spain, the Blackford Dolphin was towed to Port Harcourt in Nigeria in February 2023. 'The rig has now commenced its 12-month drilling contract with GHL in Nigeria, in line with previously stated expectations…

Equinor Sells Nigerian Business to Chappal Energies

Nov 29, 2023

Equinor and Chappal Energies have entered into an agreement for the sale of Equinor Nigeria Energy Company (ENEC), which holds a 53.85% ownership in oil and gas lease OML 128, including the unitised 20.21% stake in the Agbami oil field, operated by Chevron…

Shelf Drilling Secures $93 Million Contracts for Jack-up Rig Duo in Nigeria

Oct 03, 2023

Shelf Drilling said Tuesday it had secured contracts for the Adriatic I and the Shelf Drilling Mentor jack-up rigs for operations offshore Nigeria for firm durations of 16 months and 8 months, respectively. The combined estimated contract value for the two rigs is approximately USD 93 million…

Exxon Pledges More Nigerian Oil Output - Presidential Spokesperson

Sep 20, 2023

Exxon Mobil Corp has pledged additional oil production of nearly 40,000 barrels per day in Nigeria in a new investment push in the country, a presidential spokesperson said on Tuesday, citing Exxon's president of global upstream operations.Nigerian…

Nigeria's NNPC Signs Deals with Total, CNOOC on Deepwater Oil Block

May 26, 2023

Nigeria's state-owned oil company NNPC Ltd said on Thursday it had renewed a production sharing contract with Total, China National Offshore Oil Corp and others, a major step to resolving disputes on a deepwater oil block in the Niger Delta…

Shelf Drilling Lands $11M Offshore Drilling Rig Contract in Nigeria

Apr 25, 2023

Jack-up drilling rig contractor Shelf Drilling has secured a short-term contract for Adriatic I jack-up drilling rig for operations offshore Nigeria.The contract is for 90 days and has an estimated value of $11 million, excluding revenues for mobilization and demobilization…

Dolphin Drilling's Blackford Dolphin Rig Arrives in Nigeria ahead of GHL Contract Start

Mar 10, 2023

Offshore drilling firm Dolphin Drilling said Thursday its Blackford Dolphin drilling rig had arrived in Nigeria.The rig is preparing to start operations under a 12-month contract with General Hydrocarbons Limited (GHL).Worth noting, Dolphin…

'Strong Dayrate' for Dolphin Drilling's Rig in Nigeria

Mar 09, 2023

Offshore drilling firm Dolphin Drilling said Thursday it had secured a new contract for Blackford Dolphin with Peak Petroleum in Nigeria.The contract with Peak Petroleum will extend the rig's stay in Nigeria and is in direct continuation of…

Shelf Drilling Wins $118M Rig Contract Offshore Nigeria

Mar 09, 2023

Oslo-listed jack-up drilling rig leasing firm Shelf Drilling said Wednesday that it had secured a two-year contract in Nigeria for its Shelf Drilling Scepter rig.The contract value for the firm period, including mobilization revenue, is approximately $118 million…

Exxon Seeks to Unblock Stalled Sale in 'challenging' Nigeria - Top Executive

Mar 06, 2023

Exxon Mobil Corp hopes to get Nigerian government approval to allow the stalled sale of its shallow water oil production operations in the West African country, a top Exxon executive told Reuters. The largest U.S. oil company will keep its deep…

Reuters: Equinor Launches Sale of Stake in Nigeria Offshore Oilfield

Jan 26, 2023

Norway's Equinor  has launched the sale of its stake in an offshore Nigerian oilfield, joining a retreat by Western energy firms from the West African country as they focus on newer and more profitable operations, three industry sources said…

Yinson's FPSO Contract in Nigeria Ends after 16 Years as Client Opts to Buy the Floater

Jan 12, 2023

The Malaysian FPSO leasing company Yinson has completed the 16-year contract for FPSO Adoon in Nigeria as the client Addax decided to buy the FPSO.The contract for the FPSO which has been operating at Block OML 123 offshore Nigeria, had an original term of 8 years until 2014…

Shell Wraps Up Bonga FPSO Maintenance in Nigeria

Nov 18, 2022

Shell has completed a scheduled maintenance at its 200,000 barrels-per-day Bonga deep water storage and offloading vessel in Nigeria, a spokesperson said.The Shell Nigeria Exploration and Production Company said in a statement late on Thursday that the maintenance was completed in 22 days…

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…

One Month Extension for Yinson's Adoon FPSO in Nigeria

Oct 24, 2022

Malaysian FPSO leasing firm Yinson has secured a one-month contract extension for its Adoon FPSO with Addax Petroleum in Nigeria.The deal between Sinopec's Addax and Yinson's Adoon Pte. Ltd. extends the FPSO's tenure to November 16, 2022.  The extension is worth $3…

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