Oil Mining Licences (OML)

Oil Mining Licences (OML)

Nigeria hopeful of improved oil output as Heirs Holdings begins work on OML 17

Jamiu Tajudeen Jan 11, 2022

Nigeria’s daily crude oil production is optimistic of improving output as Heirs Holdings Oil and Gas, a subsidiary of Heirs...

Oil Mining Licences (OML)

With Bonga, Nigeria signals its oil sector is open for business

Isaac Anyaogu Jun 15, 2021

Last week, Nigeria signed a long-awaited accord renewing the oil mining lease 118, otherwise known as Bonga, for another twenty...

Oil Mining Licences (OML)

OML 143: NNPC, SEEPCO sign gas devt deal with $600m potential revenue

Oladehinde Oladipo Apr 23, 2021

The Nigerian National Petroleum Corporation (NNPC) and Sterling Exploration and Energy Production Company (SEEPCO) have signed an agreement for the...

Oil Mining Licences (OML)

Why DPR revoked Addax Petroleum oil licences

Oladehinde Oladipo Apr 07, 2021

More reasons have emerged why Nigeria’s Department of Petroleum Resources (DPR) decided to revoke four Oil Mining Licences (OML) belonging...

Oil Mining Licences (OML)

New oil licensing round suffers delay due to PIB impasse

Femi Asu Apr 25, 2013

Oil bidding round in the Nigerian oil and gas industry, which was last held in 2007, is seen in many...