The Chief Executive Officer of the Nigerian Upstream Petroleum Regulatory Commission, Gbenga Komolafe, has disclosed that the country’s oil rigs have increased to 30 from 11 in 2011. He linked ...

The Nigerian Upstream Petroleum Regulatory Commission says the country’s oil rig count has risen to 32. The NUPRC Chief Executive, Gbenga Komolafe, announced this during his recent appearance ...

is aiming for an oil production of at least 2.1 million barrels a day (MMbd) for 2025, its chief executive told the senate. Nigeria currently has 32 rigs, doubled from 2021, NUPRC Chief Executive ...

Saudi oil and gas drilling contractor ADES Holding has secured a $21.8 million drilling contract with Brittania-U for its ...

Act No. 23 of 1996, enacted during Etete’s tenure, the President of Nigeria had the power to declare an oil field with about ...

Nigeria’s oil output, excluding condensate ... noting that Nigeria’s rig count, which stood at 16 as of 2021, has now doubled to 32 under the Commission’s oversight. He said this increase ...

Seplat Energy has plans to rejuvenate hundreds of dormant oil wells in Nigeria following the completion ... “Our immediate focus is rig intervention, short-term oil-generation activities ...

In spite of the vicissitudes and volatile nature of both the local and global oil markets, Oando Plc led by the indefatigable Wale Tinubu has continued to break new grounds, consolidating itself as an ...

ADES Holding Co. announced that its offshore jackup rig “Admarine 504” was awarded, on Jan. 8, a drilling contract in Nigeria by Brittania-U, an integrated energy company that operates across the oil ...

Nigeria's upstream oil regulator said on Monday it would deny export permits for oil cargoes from producers who fail to meet their stipulated supply quota to local refineries, including the Dangote ...

General Hydrocarbons Limited (GHL) has faulted a claim of diversion of oil mining proceeds made against it by First Bank of Nigeria Limited ... when the drilling rig, Blackford Dolphin, ran ...

According to data from Baker Hughes BHI, the number of rigs drilling for oil and gas has fallen by about 20% in the past year. This decline reversed a steady increase that began after the rig ...