Business Hilights

Tracking Nigeria's Headline Business News Online

Outeniqua Basin

Egina deepwater success spurs Total to target Preowei’s 50,000 bpd field

…Set to begin hydrocarbon exploration in S’Africa Relying on the success story of the multibillion dollar Egina deepwater oilfield which recently flagged off production of 200,000 bpd installed capacity, Total has submitted fresh Field Development Plan (FDP) for the 50,000…

Total agrees 25% stake to Qatar Petroleum to deepen stakes in Middle East

As part of new drive to deepen business ties with Qatari Group, French oil and gas group, Total, has agreed to sell a 25 per cent stake in the Exploration Block 11B/12B, offshore South Africa, to Qatar Petroleum. In line…