Search

Nigeria oil output drive gains steam as Petralon advances Dawes Island drilling

Petralon's operational milestone was reinforced by the visit of the Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, to Dawes Island. Photo @ Petralon Energy.
Petralon's operational milestone reinforced by the visit of the Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, to Dawes Island. Photo @ Petralon Energy.
  • Petralon turns on DI-2, spuds DI-3 at Dawes Island
  • Minister hails ‘Drill or Drop’ push under oil law

 

ABUJA, NIGERIA – Nigeria’s push to lift crude output gathered pace as indigenous producer Petralon Energy advanced drilling at its Dawes Island field in the Niger Delta under the country’s Petroleum Industry Act.

The company announced the activation of its DI-2 well and the successful spudding of the DI-3 well at PPL 259, signalling an aggressive output expansion drive aligned with Nigeria’s production targets of 2.5 million barrels per day.

Recent Business

Fishing market in Dakar, Senegal. Photo by Marie Vicat @ Pixabay
Senegal tax revenue surge raises concerns over pressure on formal economy
Read More »
Fishing market in Dakar, Senegal. Photo by Marie Vicat @ Pixabay
West Africa central bank cuts rates again as deflation opens rare policy window
Read More »
Houmt Souk, Tunisia. Photo by Ondrej Bocek @ Unsplash
Tunisia inflation hits 5% as food prices surge
Read More »

Recent Politics

Edwin Sifuna, Kenya's ODM secretary-general. Photo: Edwin W Sifuna/Facebook
Is Edwin Sifuna Kenya’s new Raila Odinga?
Read More »
A cheerful Kenyan citizen at a public celebration. Photo: @ William Ruto/Facebook
Why is Kenya on full campaign mode one year to 2027 elections?
Read More »
Port Harcourt, Nigeria. Photo by Emmanuel Ikwuegbu @ Unsplash
Why are Nigerians protesting electoral reforms ahead of 2027 polls?
Read More »

Latest Posts

Latest news insights