Nigeria Tag

Schlumberger has signed a US$700 million deal with the state-owned Nigerian oil company to develop two oilfields in the West African country. The world’s largest oilfield services companies will supply the services and capital, in partnership with Nigerian National Petroleum Corporation (NNPC) and FIRST Exploration &...

Eni subsidiary brand Nigerian Agip Oil Company (NAOC) will build an oil processing plant capable of refining 150,000 barrels per day (bpd), in order to reduce the West African nation’s reliance on imports. Nigeria’s Minister of State, Petroleum Resources Emmanuel Ibe Kachikwu met representatives from Eni...

  The Nigerian National Petroleum Corporation (NNPC) has vowed to increase the Nigerian Petroleum Development Company’s (NPDC) crude oil production to 500,000 barrels per day by 2020. The national oil sector represents a huge proportion of the Nigerian economy, which has suffered over the last year as...