UK ambassador to Libya urges international community to support NOC

2018/04/12 – The United Kingdom’s ambassador to Libya, Frank Baker, has stressed the importance of international community and Libyan institutional support for the National Oil Corporation (NOC) as the country’s primary source of income. Continuer à lire … « UK ambassador to Libya urges international community to support NOC »

Libya hopes to reach 2 million oil bpd by 2022, NOC chairman says

2018/15/11 – Libya hopes to receive an exemption from possible production curbs by Opec and allies, as it works to raise its own output capacity levels to two million barrels per day by 2022, the head of the country’s state producer said. Continuer à lire … « Libya hopes to reach 2 million oil bpd by 2022, NOC chairman says »

Niger’s growing oil output ambitions rely on Benin pipeline

2018/11/11 – Niger’s nascent oil industry is targeting production of more than 100,000 b/d in the next two to three years, but hopes rest on matching the landlocked country’s output ambitions with its export plans via the construction of a Niger-Benin pipeline. Continuer à lire … « Niger’s growing oil output ambitions rely on Benin pipeline »

Niger/Sudan – New oil, gas opportunities emerge in Sudan, Niger

2018/08/11 – Some countries in Africa are emerging as potentially exciting players in the oil and gas space – from Sudan, which has emerged out of the clutches of civil war, to Niger, which is rising up as a new producer of petroleum products.

Sudanese Petroleum and Gas Minister Azhari Abdalla Abdelgader on Tuesday explained to delegates attending Africa Oil Week, in Cape Town, how Sudan’s oil production had peaked at 500 000 bbl/d in 2011. Continuer à lire … « Niger/Sudan – New oil, gas opportunities emerge in Sudan, Niger »

Nigeria/UK – NNPC signs DSDP agreement with UK’s BP Oil

2018/06/11 – The Nigerian National Petroleum Corporation (NNPC) has signed a six-month Direct Sale-Direct Purchase (DSDP) agreement with the British Petroleum’s (BP) trading arm, BP Oil International, for the supply of Premium Motor Spirit, also known as petrol. Continuer à lire … « Nigeria/UK – NNPC signs DSDP agreement with UK’s BP Oil »

In Niger’s Oil Industry, Fortune favours the bold

2018/06/11 – We have covered this topic extensively in our book, Big Barrels: African Oil and Gas and the Quest for Prosperity, which looks at what African nations have done to better manage their hydrocarbon wealth and curb the potential negative effects of the oil industry on the economy.

The story of oil exploration in Africa is one of many failures and victories, of bold bets in unexplored areas that have brought great returns, of forgotten lands that only some bold few decided to venture in, in the search for riches. This has been the story for many of Africa’s current oil and gas hot spots. It’s hard to imagine that at one point in time, no one believed that Equatorial Guinea had oil or was even willing to try it out. Sudan, Chad, Kenya, Uganda, Tanzania, Senegal, Liberia… they are all in one way or another, nations whose potential was for long snubbed by international oil and gas companies, until one bold player took the chance and found these so desired resources. Continuer à lire … « In Niger’s Oil Industry, Fortune favours the bold »

Oranto Petroleum inks agreement, prepares to enter Niger Republic

2018/31/10 – Nigeria-based Oranto Petroleum has signed a Memorandum of Understanding with the Ministry Petroleum of the Republic of Niger, outlining its intention to sign production sharing contracts on Blocks R5, R6, Dibella and Dallol in the Tenere and Agadem Basins in Niger. Continuer à lire … « Oranto Petroleum inks agreement, prepares to enter Niger Republic »