Major oil and gas companies are expanding their global footprint by acquiring exploration licenses and production contracts in Nigeria, Malaysia, and Indonesia.
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Updated oct 6
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How it started
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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
- Chevron is expanding its oil and gas exploration footprint across Sub-Saharan Africa, with new activity in Angola, Nigeria, Equatorial Guinea, and Namibia.
- Midwestern Oil and Gas Company Ltd. pledged to strengthen collaboration and support initiatives in Nigeria's oil and gas industry.
- Indonesia holds gas export contracts with multiple regional partners including China, Thailand, Malaysia, Singapore, and Japan.
- Nigeria hosts major oil and gas industry conferences and promotes pioneering production for economic growth.
- Nigeria and Turkey signed an MoU on solid minerals cooperation and enhanced bilateral relations.
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