Exxon Mobil, the U.S Texas-based company and one of Nigeria’s major upstream operating companies, has opened talks on the sale of a suite of oil and gas fields in Nigeria as it focuses on new developments in U.S. shale and Guyana. A news report by Reuters on Tuesday indicated that already the company was exploring […]
The Minister of State for Petroleum, Dr. Ibe Kachikwu, has directed the Nigerian National Petroleum Corporation (NNPC) and Shell Nigeria Exploration and Production Company (SNEPCo) to commence today the tendering process for the execution of the $10 billion Bonga South West/Aparo (BSWA) deepwater project. The minister’s directive followed the April 17, 2018 meeting between President […]
Shell Nigeria Exploration and Production Company (SNEPCo) delivered a total of 763 million barrels of oil from the Bonga field between first production in 2005 and 2017. Encouraged by its successful Exploration and Production (E&P) operations on the field, the company expanded the field with further drilling of wells in Bonga Phases 2 and […]