OML

Seplat Petroleum Development Company Plc on Tuesday announced that it has agreed to buy Eland Oil & Gas Plc. The company made this known in a disclosure notice sent to the Nigerian Stock Exchange and signed by Edith Onwuchekwa, the…

Rivers State Governor,  Nyesom  Wike, has declared that the  state government has fully acquired Shell Petroleum Development Company of Nigeria (SPDC) 45 percent interest in oil mining lease (OML) 11 situated in Ejama Ebubu community, Eleme…

The Nigerian National Petroleum Corporation on Sunday announced that it had secured the closure of $875.75m alternative financing deal for the Nigerian Petroleum Development Company operated OML 65. A statement issued by the NNPC’s Group…

The Nigerian National Petroleum Corporation (NNPC) says strategic partnership and new investments in the Upstream Petroleum Sector are essential for it to actualize the nation’s crude Oil reserves and 3m barrels per day oil production…

President Muhammadu Buhari has ordered the Nigerian National Petroleum Corporation(NNPC) to take over the operatorship of the entire Oil Mining Lease 11 from Shell Petroleum Development Company. According to a letter from State House,…