Major oil and gas companies are expanding their global footprint by acquiring exploration licenses and production contracts in Nigeria, Malaysia, and Indonesia.
1 report, 1 independent
Updated Sep 3
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What happened
Major oil and gas companies are expanding their global footprint by acquiring exploration licenses and production contracts in Nigeria, Malaysia, and Indonesia.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Chevron subsidiary Star Deep Water Petroleum won a bid for oil blocks in Nigeria, following approval from President Tinubu.Sub-event
- 143 firms are currently competing for 50 oil and gas blocks overseen by the Nigerian Upstream Petroleum Regulatory Commission.Sub-event
- JV Partners and Renaissance Africa Energy Company successfully completed offshore exploration in Nigerian waters, aiding long-term liquids production.Sub-event
- INPEX operates an asset in Indonesia.Sub-event
- Shell is enhancing its Bonga deepwater asset in Nigeria through a partnership with Temile Development Company.Sub-event
- TotalEnergies partnered with South Atlantic Petroleum on exploration licenses in Nigeria.Sub-event
Global energy majors are aggressively acquiring new oil and gas exploration rights across Africa and Southeast Asia.1 source
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The entities involved
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Nigeria
sovereign state in West Africa
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Indonesia
island country in Southeast Asia and Oceania
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Malaysia
country in Southeast Asia
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Chevron Corporation
American multinational energy corporation
Related events
- Indonesian corporations are strategically diversifying markets and partnerships to reduce dependence on specific partners like Japan and China, focusing on Africa and Europe.
- An oil company has been operating in Imo State since January 1995.
- Aliko Dangote is leading a major IPO for his petroleum refinery while expanding exports across the African continent.
- Diaspora citizens are actively investing in the Dangote Refinery IPO while political figures address administration criticism in Nigeria.
- Nigeria hosts major oil and gas industry conferences and promotes pioneering production for economic growth.
Coverage
Newest first; wire copies grouped- ZacksTTE Expands Offshore Exploration Portfolio With Nigerian Licenses TotalEnergies SE TTE, along with its partner South Atlantic Petroleum, has signed the production sharing contract for the PPL2000 and