TotalEnergies, in collaboration with the Nigerian National Petroleum Corporation Ltd (NNPCL), has taken the Final Investment Decision (FID) for the development of the Ubeta gas field. This strategic decision underlines a significant advancement in Nigeria’s energy sector, particularly in leveraging gas resources for both local and international markets. Located approximately 80 kilometers northwest of Port […]
Eni and its partners have taken the final investment decision (FID) for the Nigeria LNG Expansion Project, the expansion project of their existing liquefied natural gas (LNG) plant located at Bonny Island in Nigeria. According to the Italian oil and gas giant, the brownfield development at the NLNG plant, which is slated to be brought […]
Vitol has signed a sale and purchase agreement (SPA) to buy LNG from Nigeria LNG Limited (NLNG) through the latter’s Trains 1, 2 and 3 located on Nigeria’s Bonny Island. The Dutch energy trading company will receive 0.5mtpa of LNG for a term of 10 years on a delivered ex-ship basis starting from October 2021. […]