The National Economic Council (NEC) has approved the refinancing of the US$3.3 billion Project Gazelle Pre-Export Finance Facility through a new US$4.5 billion facility named “Project Gazelle 2”. The... Continue

BABS OMOTOWA  Bloomberg recently reported that the Federal Government has agreed to an $11.5-per-barrel tax incentive to enable Shell’s $20 billion Bonga South West project to finally proceed.  ... Continue

Thirty-one companies have emerged as winners of 37 oil and gas blocks following the commercial bid conference of the 2025 Licensing Round held on Tuesday at the Transcorp Event... Continue

FIRST Exploration & Petroleum Development Company (FIRST E&P), a leading integrated independent Exploration & Production company with full-cycle upstream delivery capability, has reaffirmed its commitment to developing Nigeria’s next... Continue

ExxonMobil and its partners will invest $1 billion in the Usan Infill Project offshore Nigeria, a development expected to add 40,000 barrels per day, bpd, of oil production, the... Continue

The ANOH Gas Processing Company Limited (AGPC) has achieved another major milestone in its commercial journey with the signing of a Network Entry Agreement (NEA) with the Nigerian Gas... Continue