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NIGERIA: Africa Oil Receives Fourth Dividend From Its Nigerian Asset

Africa Oil  has announced that it has received its fourth dividend from Prime Oil and Gas B.V., a company that holds interests in deepwater Nigeria production and development assets. Prime … Read More

Africa Oil Announces Strong Q2 Results Fuelled by Nigerian Assets

Operational Production from Prime Oil & Gas B.V.’s (“Prime”) Nigerian assets remained strong in the first half of 2020 despite curtailments at Egina in May and June due to OPEC … Read More

NIGERIA: NNPC Reaches Deal with Sapetro, CNOOC Ending OML 130 Dispute

In its bid to meet the target of revving up production to three million barrels per day and unlock gas revenues to the tune of about $225 million in the … Read More