Business Hilights

Tracking Nigeria's Headline Business News Online

Egina oil field

Senate loses confidence in agencies, orders ‘Value for Money Audit’ on Egina FPSO

After the settling down of festivities heralding the arrival of Egina Floating Production Storage Offloading (FPSO) platform from South Korea several weeks ago, the Senate Ad hoc Committee on Investigation of Local Content Element on Egina Oil Field and other…

Egina field to begin oil exploration in Q4 2018, says Total

Emerging major deepwater development in Nigeria, Egina oil field is expected to achieve first oil in the fourth quarter of 2018. The floating facility is coming with a capacity to increase the nation’s oil production by 200,000 barrels per day….