A group of oil giants in Nigeria, under the aegis of the Oil Producers’ Trade Section of the Lagos Chamber of Commerce and Industry, have stated that the countrys deepwater oilfields have the potential to generate US$66bn worth of investment
Italian oil explorer Eni subsidary Nigeria Agip Oil Company (NAOC) has suspended activities at fields located in oil-rich Bayelsa state after a steep increase in the number of oil thefts in the area
Equatorial Guinea has revealed plans to offer concessions on oil blocks to Nigerian companies that were planning to make a move for the them
Oil giant Total has announced development plans for the US$10bn offshore Moho Nord project in Congo (Brazzaville)
FMC Technologies has announced that it has signed a five-year contract with Tullow Ghana to provide subsea services for its developments in the Jubilee field
