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NIGERIA

A phantom licensing round

Six months after being formally launched, a bidding round for marginal fields has yet to begin. [...] (413 words)

Issue dated 27/05/2014 Reading time 2 minutes

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Energy

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NIGERIA
Chevron
Department of Petroleum Resources
Goodluck Jonathan
Kulczyk Oil Ventures
Shell
Total

Omokore falls short on OML 71

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.

NIGERIA Energy 11/03/2014

Bonus for buyer of Chevron stake

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.

NIGERIA Energy 11/03/2014

The price of renewing rights

To win an extension of their rights on their best acreage the majors are coming under pressure from the oil ministry to sell off one or two lesser permits.

NIGERIA Energy 11/02/2014

Majors cooling heels for renewals

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.

NIGERIA Energy 12/11/2013

NPDC slows down partners

Stepping into four licences in 2011, the E&P branch of NNPC is having trouble keeping up with its partners.

NIGERIA Energy 17/09/2013

NPDC stakes claim in Chevron sale

The national oil company is to exercise its option to become operator on three of the five licenses that Chevron is trying to sell.

NIGERIA Energy 17/01/2012

New fields up for sale Free

Nigeria’s Department of Petroleum Resources is getting ready to sell off 22 fields abandoned by majors operating in the country.

Set up email notifications for these topics

NIGERIA
Chevron
Department of Petroleum Resources
Goodluck Jonathan
Kulczyk Oil Ventures
Shell
Total

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