Nigerian oil output will be affected by major outages for at least the next 12 months after a wave of pipeline attacks, according to a recent report published by PGI Intelligence
Oil outages in Nigeria to continue for 'at least the next 12 months'
Exploration
Eland to raise US$15mn for Gbetiokun-1 well
Eland Oil & Gas plc has announced that it will raise around US$15mn to fund operations at the Gbetiokun-1 well in Nigeria
Nigeria, the largest oil producer in Africa, says EIA report
The US Energy Information Administration’s (EIA) latest country analysis brief gives insights into Nigeria’s energy sector
Continued oil supply growth "unsustainable", research firm warns
Continued supply growth will become "unsustainable", leading to a supply shortfall of 4.5mn bpd by 2035 unless exploration results start to "significantly" improve, oil supply research firm Wood Mackenzie has warned
SacOil and EER sign MoU to explore oil and gas
South African based oil and gas company, SacOil, has signed an MOU with London-based Energy Equity Resources (EER) to explore oil and gas opportunities in Nigeria
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