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Exploration

The Special Adviser to the President on Energy, Olu Verheijen, in partnership with the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has wrapped up a series of strategic engagements with 15 leading international and independent oil and gas companies operating in Nigeria 

BG International, subsidiary of Shell, has signed a Farm Out Agreement (FOA) with KUFPEC (Egypt) Limited (KEL), subsidiary of Kuwait Foreign Petroleum Exploration Company (KUFPEC), under which KEL will acquire a 40% stake in Block 3 (NorthEast El-Amriya) in the Egyptian Mediterranean Sea 

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