Equity placing raises approximately US$20 million. The net proceeds used to fund the drilling and testing of the Ogo-ST (sidetrack) well on the OPL310 licence, offshore Nigeria.
March 21, 2025The Federal Government has inaugurated a 12-million cubic feet gas extraction plant and a 20-megawatt gas-to-power facility in Otakikpo, Ikuru, locate…
March 5, 2025Nigeria’s crude oil production has risen to 1.8 million barrels per day (bpd), reflecting renewed efforts to stabilize and expand the sector. A key …
