NNPC takes over Addax Petroleum assets.

The Nigerian National Petroleum Company (NNPC) Limited has taken over the assets of Addax Petroleum’s production sharing contract (PSC). NNPC Group Chief Executive Officer (GCEO), Mele Kyari and the outgoing …

Nigeria to Open Bidding for Deep Offshore Oil Blocks

The Nigerian government has appointed a transaction adviser for the upcoming bid round of select acreages. The consultant, a subsurface evaluation service company named Petro-Vision, is involved in pre-Financial modelling …

Shell Emerges Best Local Content Operator

Shell Companies in Nigeria have been named the best local content operators at the 2022 annual industry dinner and awards ceremonies of the Petroleum Technology Association of Nigeria (PETAN) held …