Source: OilPric.com Senegal, a West African country which has seen several major oil and gas discoveries in recent years, is launching a new licensing round to award three offshore blocks as it expects its first already sanctioned oil and gas projects to come online by the middle of the next decade. Nigeria’s commercial capital, LAGOS, is on the verge of joining the country’s oil-producing states with the discovery of crude oil in commercial quantities in the coastal state. Moves by the Nigerian government to build up the nations proven oil reserve through exploration of new frontiers received a fresh thrust with the news that the Nigerian National Petroleum Corporation (NNPC) as 21 oil wells out of the 23 drilled so far have potential of full prospects of oil. More Crude Oil Discovered In Nigeria, Find Out Where 6 years ago read comments by Legit.ng With the unabated fuel scarcity in most parts of the country, there is a bit of cheery news for the Federal Government and all Nigerians in general as more crude oil has been discovered in the country. The oil was discovered in the Gongola Basin in commercial quantity. Over the last week, Canadian oil giant Addax Petroleum announced that it had struck new oil deposits in the Njaba Basin in Imo State. The eventual discovery of the vaccines for COVID-19 obviously portends a brighter business activity for the Nigeria oil and gas industry come next year. Monday, February 08, 2021 Equinor (NYSE: EQNR) and its partners - DNO Norge (OTCMKTS: DTNOF), Petoro and Wellesley Petroleum - have struck gas and oil … The Nigerian National Petroleum Corporation (NNPC) has announced the discovery of oil and gas in … Like any other oil company, Addax celebrated the news and began drawing up plans to cash in on its discovery, with obviously no mention of what impact the finding of this Aladdin’s Cave will have on Nigeria. The recent onshore discovery made in the Delta de la Cuvette deposit in the Republic of Congo is a game-changer for Congo and Africa. The Nigerian National Petroleum Corporation (NNPC) Wednesday night announced vast oil find in the Benue Trough, a geological structure spanning about 1,000 kilometres northeast from the … Latest news on Rigzone for Discoveries. Local firm, Addax, strikes oil in Imo Nigeria's oil and gas industry has recorded another landmark, with Addax Petroleum announcing an onshore oil discovery from the Njaba 2 well (formally Okaka) currently drilling in the eastern part of the OML124 license area of Imo State. Nigeria’s commercial capital, LAGOS, is on the verge of joining the country’s oil-producing states with the discovery of crude oil in commercial quantities in the coastal state. Nigerian National Petroleum Corporation (NNPC) has announced the discovery of oil in the Kolmani River II Well on the Upper Benue Trough, Gongola Basin, in … Total currently produces over 300,000 barrels of oil per day. Yesterday, Afren Plc and its partner, Lekoil Limited, announced significant oil discovery offshore Dahomey Basin in Lagos, according to the London Stock Exchange. French oil and gas company has just announced a large oil discovery in Nigeria.
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