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Ingentia Plans Bigger Drilling Campaign After 150% Production Surge
BusinessEconomy

Ingentia Plans Bigger Drilling Campaign After 150% Production Surge

Ingentia Energies Limited is preparing to expand its drilling activities after recording a 150 per cent increase in production, as the indigenous oil...

Nestoil Invests $28m in Drilling Rigs to Boost Crude Oil Production
BusinessNigeria

Nestoil Invests $28m in Drilling Rigs to Boost Crude Oil Production

By Benson Daniel Nestoil Group has deployed its Pathfinder 500 drilling rig to carry out workover operations on two producing wells in Oil...

172 Host Community Development Trusts Incorporated Under PIA – NUPRC
BusinessNigeria

172 Host Community Development Trusts Incorporated Under PIA – NUPRC

By Benson Daniel The Nigerian Upstream Petroleum Regulatory Commission has disclosed that 172 Host Communities Development Trusts have so far been incorporated by...

NNPC Set to Implement New Production Sharing Contract Framework, Says Ojulari
BusinessNigeria

NNPC Set to Implement New Production Sharing Contract Framework, Says Ojulari

By Benson Daniel The Nigerian National Petroleum Company Limited is set to implement a new framework for Production Sharing Contracts as part of...

NNPC Set to Implement New Production Sharing Contract Framework, Says Ojulari
BusinessNigeria

NNPC Set to Implement New Production Sharing Contract Framework, Says Ojulari

By Benson Daniel The Nigerian National Petroleum Company Limited is set to implement a new framework for Production Sharing Contracts as part of...

Nigeria’s Crude Oil Output Stays Above 1.5mbpd for Third Straight Month Despite July Decline
BusinessNigeria

Nigeria’s Crude Oil Output Stays Above 1.5mbpd for Third Straight Month Despite July Decline

By Benson Daniel Nigeria’s crude oil production remained above the 1.5 million barrels per day mark for the third consecutive month, despite recording...

Nigeria Reactivates 49 Oil Wells to Accelerate Three Million Barrels Per Day Target
BusinessActiveNigeria

Nigeria Reactivates 49 Oil Wells to Accelerate Three Million Barrels Per Day Target

By Benson Daniel Nigeria has reactivated 49 previously dormant oil wells as part of renewed efforts to increase crude oil production and achieve...

NUPRC Unveils Winners of Nigeria’s 2025 Oil and Gas Licensing Round.
ActiveNigeria

NUPRC Unveils Winners of Nigeria’s 2025 Oil and Gas Licensing Round.

Thirty one companies have emerged winners of 37 oil and gas blocks following a competitive bidding process conducted under Nigeria’s 2025 Licensing Round....