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
Exploration
Invictus Energy begins drilling Mukuyu-2 well in Zimbabwe
Invictus Energy has announced the commencement of drilling of the Mukuyu-2 well at its 80% owned and operated Cabora Bassa Project in Zimbabwe
KUFPEC collaborates with Shell in Egypt
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
Demand for CNG cylinders to rule market at more than US$1.8bn in 2023
The CNG tanks cylinders market reached US$1.7bn in 2022
THE to assist Innoson on farming out exploration license offshore Sierra Leone
Innoson Oil and Gas (IOG) of Nigeria, the sole licensee of exploration license SL2020A, offshore Sierra Leone, have engaged Tudor Hall Energy (THE) of the United Kingdom to assist with an acreage farm-out campaign