Seplat to Revive 400 Idle Oil Wells, Set to Hit Over 120,000 BPD After Buying Mobil Assets
Wedoany.com Report-Jan 8，Nigeria’s Seplat Energy plans to revive 400 idle oil wells to meet its over 120,000 barrels per day crude production in the coming months, the company’s top managem...
MDAs Spent N22bn on Solar Installations in 2024 – Report
Wedoany.com Report-Jan 7，Federal ministries, departments, and agencies collectively spent a total of N22,782,065,914.14 on various solar power installations across Nigeria in 2024. The expenditures, ai...
BUA’s 200,000bpd Oil Refinery Progressing, Not 90% Completed Yet
Wedoany.com Report-Jan 6,Emmanuel Addeh in Abuja The BUA group yesterday clarified that although its 200,000 barrels per day crude oil refinery located in Akwa Ibom, South-south Nigeria, was progressi...
Nigerian Govt Targets 3M Bpd Oil Production by 2025 – Lokpobiri
Wedoany.com Report-Jan 5,The Federal Government has announced plans to collaborate with the Nigerian Navy to achieve its target of 3 million barrels per day, bpd, in crude oil production by 2025. Nige...
New Refineries: NNPCL May Cut Crude Supply to Dangote Plant
Wedoany.com Report-Jan 3,The Federal Government may cut its crude oil supply to the Dangote Petroleum Refinery, reducing it from the current allocation of 300,000 barrels per day, except if there is a...
Nigeria’s 2 Million Bpd Oil Production Target Under Threat
Wedoany.com Report-Dec 30,The Central Bank of Nigeria (CBN) has raised concerns about the ageing pipeline infrastructure and operational inefficiencies, identifying them as key factors responsible for...
Nigeria Resumes Mining in Zamfara State on Improved Security
Wedoany.com Report-Dec 29,Nigeria has lifted a ban on mining exploration in the northwestern state of Zamfara after a five-year suspension, the mining minister said, citing improved security. Mining a...
Saipem Wins $900M EPCI Contract From Shell’s $5BN Offshore Project in Nigeria
Wedoany.com Report-Dec 24,Saipem, in a consortium with two Nigerian companies, has secured an offshore contract worth around $1 billion with Shell for a deepwater oil and gas project off the coast of ...
NUPRC to Launch New Oil Licensing Round in 2025
Wedoany.com Report-Dec 21,The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has disclosed plans to hold another oil licensing bid round in 2025. NUPRC Chief Executive Officer Gbenga Komola...
Oil Spill Occurs in Nigeria Due to Pipeline Rupture
Wedoany.com Report-Dec 18,An oil spill occurred at the Shell loading terminal in Nigeria’s Delta region after a pipeline ruptured, Nigeria’s maritime agency said on 15 November. The Nigeri...