Search for Nigeria

18.10.2013 Nigeria’s LADOL to Build Floating Platform for Egina Project

The Lagos Deep Off Shore Logistics (LADOL) base has concluded plans to commence the construction of a Floating Production Storage Off-loading (FPSO) integrated platform for Egina project, the Nigerian newspaper Vanguard reported on October 17.

19.09.2013 Nigerian Oil Companies Boost Production as Majors Retreat

Nigerian-owned oil companies are boosting their share of the country’s output by taking up fields in restive areas as international energy companies retreat, Ecobank Research said.

30.08.2013 Chevron Withdraws From Nigeria LNG Plant Citing Lack of Progress

Chevron Corp. (CVX) pulled out of Nigeria’s Olokola liquefied natural gas plant venture, becoming at least the second partner to withdraw from the project.

26.07.2013 British Police Investigating Shell And Eni Over Nigerian Oil Block Deal

British police are investigating a money-laundering allegation related to a big oil field bought by Shell and ENI from Nigeria for $1.3 billion (€984 million), after most of the cash they paid ended up in a company linked to a former Nigerian oil minister.

22.07.2013 Nigerian Lawmakers Want Shell, Eni Oil Award Revoked

Nigeria should revoke oil rights for which Royal Dutch Shell Plc (RDSA) and Eni SpA (ENI) paid $1.1 billion, a parliamentary committee said, alleging that the acquisition process was “highly flawed.”

15.07.2013 Nigeria Agency To Allow LNG Exports After $475 Mln Loss

AFP reports that a Nigerian agency that has blockaded liquefied natural gas exports for three weeks, costing $475 million in revenue, agreed Friday to end its action after resolving a fees dispute, the company said.

11.06.2013 Chevron To Sell Two Nigerian Oil Blocks

U.S. energy firm Chevron is selling its stake in Nigerian shallow water oil blocks OML 83 and OML 85, the company said on Tuesday, the latest oil major seeking to sell assets in Africa's biggest oil producer.