Sector News

The Nigerian Content Development and Monitoring Board (NCDMB) has provided equity investment for the establishment of..

Savannah Petroleum has received ministerial consent for the transfer of Seven Assets (SEIL’s entire interests in..

Savannah Petroleum PLC is in its final stages of the Ministerial Consent process with respect to the acquisition of..

San Leon Energy plc has announced that Eroton has renewed its lease for OML 18 thereby securing Eroton’s rights to..

LEKOIL has signed a Memorandum of Understanding (‘MOU’) with Schlumberger and a subsidiary of a major international..

Marubeni Corporation and other existing shareholders have invested US$26 million in Azuri Technologies, a leading..

Switzerland has asked the International Tribunal for the Law of the Sea to order Nigeria to release a Swiss-flagged..

The President of the Federal Republic of Nigeria - Muhammadu Buhari has directed that immediate action be commenced..

The Department of Petroleum Resources (DPR) has revoked five Oil Mining Leases (OML) and one Oil Prospecting Licence..

The Ministry of Petroleum Resources (“MPR”) has given consent toMX Oil plc, for the renewal of OML 113 lease which is..