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Approve divestment deals and leave production recovery to us __Roger Brown
Sopuruchi Onwuka Independent petroleum companies in the country seeking to replace international oil companies onshore Niger Delta have the capacity to drive the country’s rapid production recovery if pending divestment deals are approved by government. Seplat Energy PLC declared at…
Indigenous Oando stepping into major producer roles
Sopuruchi Onwuka Indigenous energy company, Oando Plc, is underway to becoming the first Nigerian indigenous upstream players to totally displace major international partners as operator in the conventional terrains of the Niger Delta. The company declared today that it has…
NAE, BW Offshore intensify renegotiation on Abo FPSO lease
Sopuruchi Onwuka Eni’s deepwater arm in Nigeria, Nigeria Agip Energy (NAE), is locked in intense negotiation with BW Offshore for retention of is key production facility at the operated Abo deepwater field, offshore Niger Delta. In the interim, the two…
Eni dims Nigerian investment, emphasizes carbon neutrality
Sopuruchi Onwuka Italian multinational energy firm, Eni, has confirmed a shift in its business focus which entails diverting significant proportion of the company’s investments on incremental basis from fossil intensive to agro-biofuel and renewable energy production. The company’s new business…
