exploration

Plateau Not Receiving 13% Derivation For Mining Exploration

November 18, 2019 10:51 am

Plateau State has never received 13 per cent derivation that accrues to states engaged in mining exploration, Governor Simon Lalong has said.

The governor pleaded with the Minister of Steel and Mines, Dr. Uchechukwu Sampson Ogah, to ensure the state gets its 13 percent derivation and approve the licence for the establishment of Plateau Mineral Development Company.

Lalong disclosed this at the weekend when the minister paid a visit to Government House, Jos. Lalong who was represented by his deputy, Prof. Sunni Tyoden appreciated the minister for the visit and pledged an harmonious working relationship with the ministry.

“Everybody knows …

‘How Technologies Aided Exploration Of Sedimentary Basins’

October 16, 2019 6:02 pm

• Avoid N’Delta situation in dealing with North East discovery, stakeholders tell FG

With oil majors and state-owned exploring new technologies for exploration to reduce production costs, stakeholders in the oil and gas industry have attributed the discovery in the Gongola basin to the adoption of new technologies.

The Nigerian Association of Petroleum Explorationists (NAPE), had earlier in the year noted that there are six sedimentary basins yet to be explored in the country.

The stakeholders further urged the Federal Government to deploy new technologies to further reduce production costs in order to break even when oil prices drop significantly. …

South Africa, South Sudan conclude deal on oil exploration

May 6, 2019 9:22 am

South Sudan and South Africa will sign a production sharing agreement for an untapped exploration block in the East African country, South Sudan’s petroleum ministry said on Monday.

The ministry said in a statement in Jubai that Exploration Production Sharing Agreement (EPSA) for Block B2 would be signed by Ezekiel Lol Gatkuoth, South Sudan’s Minister of Petroleum and Jeff Radebe, South Africa’s Minister of Energy.