Under the agreement, the Saudi company will drill two wells, with an option for two additional wells with a total estimated ...

The offshore drilling rigs market is growing due to rising energy demand, technological advancements, and deepwater ...

The NUPRC boss added that this bold production target aims to position Nigeria as a more competitive and sustainable player in the global oil and gas industry. Oil rigs, also known as drilling ...

ADES Holding Co. announced that its jackup drilling unit, “Admarine 501”, has been awarded a contract by Nkuku Ikon Petroleum Development Co. for offshore drilling operations in Nigeria ... of the ...

Dubbed Escravos, the unit started operations in Chevron Nigeria Limited/Nigerian National Petroleum Corp. oil field offshore Nigeria in July. Built by IHI's Aichi Works, the permanently moored ...

Nigeria’s daily average oil ... and Eni to divest their land and swamp oil and gas to assets to indigenous companies and move to the offshore and deep offshore assets, which require advanced ...

and TotalEnergies — and now Shell — are retreating from Nigeria. They are mostly moving offshore and limiting their exposure in the West African nation’s Delta region where oil spills have ...

A number of Western oil companies, including ExxonMobil, Eni, Equinor, and TotalEnergies — and now Shell — are retreating from Nigeria. They are mostly moving offshore and limiting their ...