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Aradel Holdings recommits to indigenisation in oil industry - Vimarsana News

Aradel Holdings recommits to indigenisation in oil industry

Aradel Holdings Plc has reiterated its commitment to indigenisation in the nation’s oil industry.The Chief Executive Officer/Managing Director

Ogbele Field's Production Hits 20m Crude Oil Barrels, 95bscf Gas - Vimarsana News

Ogbele Field's Production Hits 20m Crude Oil Barrels, 95bscf Gas

Peter Uzoho Nigeria’s first marginal oil field, Ogbele field, owned by the Niger Delta Exploration and Production (NDEP) Plc has produced 20 million barrels of oil and 95 billion standard cubic feet of gas in its 15 years production. The NDEP disclosed this at its 26th annual general meeting (AGM) held virtually recently, where it celebrated its 15th anniversary since the oil production at the Ogbele field. The company said the achievements were recorded despite the negative impact of the COVID-19 pandemic on oil companies last year. The latest production performance disclosed by the NDEP, ...