Oil Field Services News in Nigeria

Shell Open To Nigeria Asset Sales, Output Hit
2/4/2010 - Royal Dutch Shell Plc said that it was open to selling more assets in Nigeria, where its oil and gas production has again been hit following recent attacks on pipelines. ...
Nigeria Plans to Sell 2 bn Barrels of Oil Reserves
2/2/2010 - Nigeria plans to sell oilfield assets this year containing as much as 2 billion barrels of reserves either relinquished by Western firms or unsold in three previous bidding rounds, the Financial Times...
Afren to Raise $200 m Via Placing; Sees No Dividend
11/10/2009 - London-listed oil and gas company Afren Plc said it would raise about $200 million from a placing of shares to fund projects and that it did not expect to pay any dividends in the foreseeable future. ...
Addax Petroleum Announces Federal Government Approval Of Nigeria Gas Utilisation Initiative
8/1/2008 - Addax Petroleum Corporation together with its partners Chrome Oil Services Limited and Korea Gas Corporation, announced that it has received the approval from the Federal Government of Nigeria, for it...
Providence Resources Releases Final AJE4 Well Results
6/3/2008 - Providence Resources provided an update on the final well results from its recent operations on the AJE Field, in OML113, offshore Nigeria. The AJE-4 well was drilled using the Transocean Pathfinder d...
Oando acquires two Nigerian oil mining leases from Shell for USD$625 million
2/25/2008 - Oando PLC has acquired Shell Nigeria Exploration and Production’s 49.8% stake in two oil Blocks, namely OML 125 and OML 134. The two deepwater blocks offshore Nigeria were won by Oando in an internati...
Stolt Offshore Announces $150 Million Contract in Nigeria
4/5/2004 - Stolt Offshore S.A. announced the signing of an interim agreement for the second phase of the Amenam project in Nigeria. The contract, once finalised, is valued at approximately $150 million. It calls...
Yokogawa Receives Order for Large Terminal Project in Nigeria
10/7/2003 - Yokogawa Electric Corporation announces that Yokogawa Electric Korea Co., Ltd., the company’s Korean subsidiary located in Pupyong-ku, Inchon, has been awarded a contract by Hyundai Heavy Industries t...

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