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KonkNaija Media | May 7, 2016

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First E&P lusts after Chevron’s OML 83 & 85

February 15, 2014 |

A company owned by former vice oil minister Henry Odein Ajumogobia finds itself in the strongest position to buy Chevron’s OML 83 and 85 after a lengthy disposal process.

Chevron’s stakes on OML 83 and 85 that lie in the … Read More

Chevron Nigeria affirms Seplat to acquire $800m in onshore assets as preferred bidder

February 4, 2014 |

Chevron Corporation, yesterday, said it has notified the Federal Government of Nigerian that it has selected a preferred bidder a group led by Lagos-based Seplat Petroleum Development Company as the buyer of its onshore oil assets, which has been a … Read More

10,000 jobs at risk, as Chevron, Shell pull out from OKLNG

August 29, 2013 |

Oil Installation

Nigeria’s unemployment situation is set to worsen, as the fate of about 10,000 workers in the Olokola Liquefied Natural Gas project, OKLNG, is currently on the line, following the pulling out of Chevron and Shell, which threatens … Read More