Gunmen abduct Agip, NOSDRA workers in Bayelsa
Gunmen suspected to be kidnappers have abducted four persons along the waterways of Southern Ijaw Local Council Area of Bayelsa State. Two of them were said to be workers of Nigerian Agip Oil Company (NAOC), while the other were government officials on a visit. It was learnt that the oil workers, alongside the two officials,…
Agip set to reacquire former oil block OML 120
There are indications that the Nigeria Agip Exploration Limited, would soon take over Oyo Oilfield in Oil Mining Lease (OML) 120 following an order of a Federal High Court Sitting in Lagos.
Bayelsa communities threaten to shut down Agip operations over spill, MoU
The Ijaw Youth Council (IYC) worldwide has called on the Nigeria Agip Oil Company (NAOC) to observe international best practices in its operations to avoid a shut down of its activities.
Group lauds oil firm for empowering Niger Delta youths
A group, Niger Delta Indigenous Movement for Radical Change (NDIMRC), has commended the Massimo Insulla-led management of the Nigeria Agip Oil Company Limited (NAOC) for creating jobs for the youths of the oil-rich region.
IOCs’ N4.3 trillion oil assets up for grabs in two years
International Oil Companies (IOCs) are expected to relinquish interest in over $12 billion (N4.3 trillion) oil blocks, which are expected to expire between 2017 and 2019.
NLNG amendment act: The needed truth
The foreign NLNG J/V partners namely; Shell, Elf, Agip were solidly behind Nigeria in achieving a successful financial close that made taking the FID possible.
Bayelsa community takes Agip’s ENI to Italian court, seeks compensation for oil spill
The coastal community of Ikebiri in Southern Ijaw Local Council Area of Bayelsa State has taken ENI, the parent company of Nigerian Agip Oil Company (NAOC) to an Italian court seeking compensation for oil spill.
Court vacates forfeiture order, returns OPL 245 to Shell and Agip
The Judge held that the orders for forfeiture were irregularly made, because the EFFC’s ex-parte application on which basis the orders were made were not properly filed. He said that as a result, the ownership of the OPL should be returned to Shell and Agip.