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Oil Wells

  • In the NewsMarketsOil & Gas

    Seplat Revives 49 Dormant ExxonMobil Wells, Targets 50 More to Boost Nigeria’s Oil Output

    by Oluwatosin Racheal Alabi March 5, 2026
    by Oluwatosin Racheal Alabi March 5, 2026

    KEY POINTS Seplat Energy Plc has restarted production from 49 dormant oil wells acquired from ExxonMobil, unlocking fresh output and signalling a new phase of growth for the Nigerian independent …

  • In the NewsOil & Gas

    Egypt Strikes Deal With bp to Drill Five New Gas Wells

    by Oluwatosin Racheal Alabi September 9, 2025
    by Oluwatosin Racheal Alabi September 9, 2025

    KEY POINTS Egypt’s efforts to increase gas production and draw in foreign investment for its energy sector have entered a new phase with the signing of a preliminary agreement with …

  • Oil & Gas

    Repsol Boosts Oil Production in Libya with New Wells and Second Rig Deployment

    by Oluwatosin Racheal Alabi July 30, 2025
    by Oluwatosin Racheal Alabi July 30, 2025

    KEY POINTS Spanish energy major Repsol has significantly increased its oil production in Libya in 2025 following the reactivation of 12 previously dormant wells and a renewed focus on drilling …

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Editors' Picks

Nigeria’s Oil Boom: Record Production in September 2023

Nigeria Supplies Less Than Half of Crude Allocations to Local Refineries
Nigeria Supplies Only 36–46% of Domestic Crude to Refineries in Q1 2026 – NUPRC

Latest Stories

Nigeria Supplies Less Than Half of Crude Allocations to...
Nigeria Supplies Only 36–46% of Domestic Crude to Refineries...
TotalEnergies Begins Construction of $300 Million Solar Project in...

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