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One of the last decisions by the out-going oil minister reportedly resolved an issue on extending licenses that had been dragging on for years. [...]
Belema Oil Producing, the partner of Seplat when it acquired Chevron’s 40% stake on OML 53 and 55, is going [...]
Shell is highly discreetly working to sell its licenses in the Ogoni region in Rivers state, the theatre of violent clashes between local inhabitants and Nigeria’s security forces in the early 1990s. Since that time the once-prolific area has ceased [. [...]
With Shell poised to finalize the sale of its stakes on OML 29, Nigeria’s Parliament is looking into what lies behind the deal. [...]
Six months after being formally launched, a bidding round for marginal fields has yet to begin. [...]
Asked by the national oil company NPDC to rope in partners for OML 71 and 72, tycoon Jide Omokore failed to find takers. The task could now fall to Afren. [...]
The three companies bidding to acquire Chevron’s shares on OML 52, 53 and 55 are in line for an unexpected bonus - free access to Shell’s gas network. [...]
Two years after negotiating with the oil ministry, Shell still hasn’t won a renewal of its shallow water permits. Chevron has run into the same problem. [...]
Still stalled by an injunction by Brittania U, the sale of Chevron's stakes has been completed with three companies rather than just one. [...]
After a dispute lasting over three years, Shell has finally won an extension of its blocks in Nigeria’s shallow offshore. [...]
Nigeria’s Department of Petroleum Resources is getting ready to sell off 22 fields abandoned by majors operating in the country. [...]
Waiting to be confirmed in her post by president Goodluck Jonathan, Nigerian oil minister Diezani Alison Madueke is showing she’s willing take on oil companies. [...]
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