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AfrOil NEWS IN BRIEF AfrOil
business new africa bna/IntelliNews
The additional amount will partly come from especially now that Western nations are making The first well in the 2022 drilling campaign,
savings achieved by lower energy consumption concerted efforts to shift the world’s dependency the ASD-2 development well, started production
– the subject of a campaign that the government from fossil fuels to renewable energy sources. at the end of March.
has launched, encouraging firms to enroll. The NCDMB, April 16 2022 ASV-1X exploration well has commenced
initiative can save MAD740mn ($75.7mn) in drilling; this is the second well of the five-well
fuel costs, the country’s water and power utility Director charged in 2022 drilling campaign.
ONEE has estimated. All of United’s production for the period was
bna/IntelliNews, April 18 2022 Kenyan court for illegally from United’s 22% non-operating interest in the
Abu Sennan licence, Egypt, which is operated by
Head of Nigerian Bar filling LPG cylinders Kuwait Energy Egypt (KEE). This data will vary
quarter on quarter as development, appraisal
Association visits NCDMB, Abdikalik Mohamed has been charged in Ken- and exploration operations continue.
ya’s law court for filling LPG into cylinders of
The ASV-1X exploration well commenced
seeks collaboration other brands without prior written consent. drilling on the 14 April targeting mean recovera-
The Directorate of Criminal Investigations ble resources estimated by United at circa 2.6mn
The 30th President of the Nigerian Bar Asso- (DCI) said Mohamed, who is a director of the barrels gross. The primary targets are sandstone
ciation (NBA), Barr. Olumide Akpata recently Green Gas company, faced charges at Mavoko Abu Roash C (ARC) reservoirs, similar to those
visited the headquarters of the Nigerian Con- law courts after a total of 96 cylinders belonging currently in production at the Al Jahraa field.
tent Development and Monitoring Board to other firms were seized from his premises. The target for this well is in a fault-bounded
(NCDMB). “The director of a gas-filling plant in structure in the east of the licence. This is the
In his remarks during the visit, the President Mlolongo Machakos County was today largest undrilled ARC structure on the Abu Sen-
congratulated the Board for the giant strides it arraigned in a Mavoko court for filling LPG into nan licence. The ARC is currently in production
had recorded in promoting the Local Content cylinders of other brands without prior written from a number of fields (Al Jahraa, ASZ, ASX,
Act in the oil and gas industry and the impact consent,” DCI tweeted on Wednesday, April 13. ASD, El Salmiya) along a proven trend in the
in the wider Nigerian economy, stressing that In the operation conducted by detectives north of the licence area. Success in this reservoir
“Local Content must be replicated in other sec- from the Serious Crimes unit last weekend, three at ASV-1X would extend the play to the south
tors of the economy.” other suspects who were found filling the cylin- and east, potentially de-risking additional pros-
He also commended the Board for the con- ders at the plant were also put behind bars. pects in this area for future drilling targets. The
tinuous support it had extended to the associ- “Bidan Ndungu, Abdistar Maalim and well will also penetrate the Kharita reservoir as a
ation and the NBA Section on Business Law Adankheir Mohammed were arrested and stacked secondary target. The well is expected to
(NBA-SBL) as well as the Judiciary. He further a lorry found transporting the cylinders be drilled and completed in approximately two
solicited the Board’s support and collaboration impounded. The suspects have since been months.
towards the Association’s Institute of Continuing released on KES100,000 ($865.60) cash bail,” United will be releasing its results for the full
Legal Education, which is aimed at improving said the DCI. Mlolongo is about 20.5 km from year ending 31 December 2021 on the 26 April
the capacity of Nigerian Lawyers. Kenya’s capital Nairobi. 2022.
While commending the Board, Akpata said, Consumers who buy illegally filled cylinders United Oil & Gas, April 19 2022
“I am pleased to have been part of Local Content are typically defrauded by under-filling. Safety
Journey from inception till date.” is also compromised, as illegally filled cylinders Europa Oil & Gas discovers
Welcoming the NBA President to the Board, are not subjected to regular checks for dents and
the Executive Secretary, Engr. Simbi Kesiye other deformities. 1bn barrels worth of
Wabote stated that Local Content is a strategic bna/IntelliNews, April 18 2022
national economic agenda, adding that one offshore oil in Morocco
of the enablers of the Board’s 10-year strategic
roadmap is the engagement of key stakeholders, PROJECTS & COMPANIES British gas explorer Europa Oil & Gas has dis-
agencies and sectors of the economy. covered 1 billion barrels of oil equivalent in
The Executive Secretary who was represented United Oil & Gas announces Inezgane, an 11,228-square km basin offshore
during the visit by the Head, Legal Services Agadir, southwestern Morocco, according to its
Directorate, Barr. Naboth Onyesoh appreciated Q1-2022 production update annual report.
the NBA delegation for the visit and assured that
the Board will continue to collaborate and sup- and drilling of ASV-1X well
port the Association, adding that the NBA is a
critical stakeholder of the Board. United Oil & Gas has announced a quarterly
He hinted that Section 51 of the Nigerian Oil production update for the first quarter of 2022.
and Gas Industry Content Development (NOG- The first well in the 2022 drilling campaign, the
ICD) Act of 2010 underlined the importance of ASD-2 development well, started production at
legal services to the Local Content sector. He the end of March and the ASV-1X exploration
further reiterated that the Board has organized well has commenced drilling; this is the second
workshops and lectures for judges and the judi- well of the five-well 2022 drilling campaign.
ciary to intimate them on the essence of the Act. Q1-2022 production averaged 1,567 boepd
Barr. Onyesoh urged members of the NBA to (1,267 bpd oil and 300 boepd gas) net to United,
take a deeper interest in the oil and gas sector in line with H1 2022 guidance of 1,500-1,650
which is the mainstay of the nation’s economy, boepd.
Week 16 20•April•2022 www. NEWSBASE .com P17