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  1. www.reuters.com › markets › europeEXCLUSIVE Shell's Nigerian oil assets attract interest from ...

    Jan 6, 2022 · LONDON, Jan 6 (Reuters) - At least five Nigerian oil and gas companies are preparing to submit bids this month for Royal Dutch Shell's (RDSa.L) onshore oilfields in a sale that could fetch up to...

  2. www.reuters.com › business › energyShell sees $6 billion oil, gas investments in Nigeria ...

    Dec 7, 2023 · Shell sees a $5 billion offshore oil investment opportunity in Nigeria and pledged to spend a further $1 billion in five to 10 years to boost natural gas output for domestic supplies and...

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  4. www.reuters.com › business › energyTotalEnergies, NNPC to invest $550 mln in Nigeria gas ...

    Jun 19, 2024 · Nigeria's state oil firm NNPC Ltd and TotalEnergies will invest $550 million to develop a gas processing facility in southern Rivers state to boost exports and domestic supplies, an NNPC...

  5. assets.kpmg.com › content › damNigerian Oil and Gas Industry Update - KPMG

    • 2 Updates on the Revised Petroleum Industry Bill
    • 6 Recent Guidelines Issued by the DPR in Respect of Oil and Gas Industry Operations
    • b. Procedure guide for the design and construction of oil and gas surface production facilities
    • Conclusion

    The need for regulatory and legislative reforms in the oil and gas industry has been obvious for as long as industry watchers can recall and the Petroleum Industry Bill (PIB) has been the main item of discussion. There is now, yet again, a revised version of the PIB which is currently being debated at the National Assembly. The new PIB was spearhe...

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    The DPR recently issued several regulations and guidelines to provide uniform standards and general guidance for operations in the oil and gas industry. We have summarized these guidelines below:

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    This procedure guide for the design and construction of oil and gas surface production facilities applies to various Government polices such as Local Content, Technology Transfer, Zero-Flare Compliance, etc. The guideline lays out the general requirements for project execution as well as environmental protection cost control and management with t...

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    There have been various issues in the industry that have had adverse impact on the operators in the industry. These issues have now been magnified by the economic crisis resulting from the COVID-19 pandemic. It is hoped that the fortunes of the industry will improve especially with the on-going marginal field bidding process and the expected passag...

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  6. www.offshore-technology.com › news › totalenergiesTotalEnergies plans $6bn investment in Nigerian oil and gas ...

    Dec 19, 2023 · TotalEnergies has pledged $6bn (€5.47bn) of investment to boost its oil and gas operations in Nigeria over the coming years. The company plans to make investments in offshore oil projects and gas production assets across all terrain.

  7. www.agusto.com › publications › beyond-the-barrelBeyond the Barrel: Can Nigeria Re-energise its Oil and Gas ...

    Jul 2, 2024 · The NUPRC’s ambitious target of reducing oil production costs to below $20 per barrel (from an estimated $48 per barrel) is a crucial step in improving the profitability and investment attractiveness of Nigeria’s upstream industry.

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  9. www.bloomberg.com › news › articlesNigeria Announces Measures to Bolster Oil, Gas Investment ...

    Mar 7, 2024 · Nigeria introduced new measures aimed at revamping investment in the country’s oil and natural gas sector.