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According to him, Ijegun-Egba has 13 tank farm dataset will be available by Q2-2022. of economically recoverable petroleum from
operators which receive between 35% to 40% Kristian Johansen, CEO at TGS, commented: Nigeria’s acreages.
of petroleum products coming to Lagos before “Our latest seismic survey offshore Mauritania He listed items in the strategy to include
being transported to other areas. will provide explorers with the subsurface intel- reserves maturation and production optimisa-
Cardoso said: “We were told that LASPPPA ligence needed to assess the hydrocarbon poten- tion, exploration and resources maturation, as
sealed the depots today (Monday) for not hav- tial of the deep and ultra-deepwater. We see this well as Improved Oil Recovery and Enhanced
ing their planning permits. We don’t believe that project as the natural continuation of our suc- Oil Recovery (IOR/EOR) implementation in the
is the right approach because these people are cessful NWAAM campaign, one of our flagship industry. According to him, the list also includes
providing service to the nation and if you dis- projects in Africa. The MSGBC Basin remains asset stewardship, performance evaluation and
rupt that service there will be fuel scarcity every- an important region for our clients, and TGS is rewards, as well as risk management which
where. This is why we are taking proactive action well positioned with its unique combination of would help protect investments, business conti-
to immediately reopen the tank farms, and if multibeam, seafloor sampling, seismic, interpre- nuity and sustainability, improved collaboration
LASPPPA have any issue with the operators they tation, and imaging products to deliver the best and cost reduction in the oil and gas sector.
should come to us to see how it can be resolved.” subsurface knowledge in the industry.” Auwalu reiterated that the federal govern-
He maintained that oil and gas business was a This project is supported by industry funding. ment, through the MER strategies, was targeting
regulated environment and under the exclusive TGS, September 14 2021 to increase the nation’s oil reserves from 36.91bn
legislative list as provided by the 1999 Constitu- barrels to 50bn barrels in the short to mid-term,
tion. He said as a result of this, all persons that as well as targeting increasing Nigeria’s proven
engage in the business are licensed by the Minis- PERFORMANCE gas reserves from 206.53 tcf to 250 tcf.
ter of Petroleum Resources through DPR. He stated that as part of the MER strategy,
According to him, the DPR collaborates with Oil production optimisation the DPR had initiated annual awards for com-
other relevant Federal and State Government panies, projects or individuals who have added
agencies for requisite permits and approvals critical to economic value to the Nigerian terrain through improved
before the issuance of the licences. “So, any issue and enhanced recovery of the country’s oil and
arising from the licensee you need to call on the recovery, says DPR gas resources. “As part of the government’s obli-
licensor who is the federal government; then we gation, it will encourage investment in Nigeria
will look at the issue and see how we can resolve The Department of Petroleum Resources (DPR) by creating a stable, competitive and predictable
it,” he said. has said that optimising Nigeria’s oil production business environment. The government will
Cardoso also emphasised that the revenue processes remains a critical factor in the nation’s encourage existing technologies to be deployed
collected by DPR on the licences would be economic recovery drive and getting the full to full effect to maximise full economic recov-
shared by the three tiers of government. benefits of the country’s resources. A statement ery of Nigerian resources. The government will
DPR, September 13 2021 in Abuja by the General Manager, Public Affairs also promote active exploration for new oil and
of the organisation, Paul Osu, quoted the Direc- gas resources in Nigeria and facilitate timely and
tor and Chief Executive Officer of the organisa- effective data sharing,” he stressed.
SERVICES tion, Sarki Auwalu, as having made the comment The director said that with the implementa-
during a meeting with technical teams from the tion of the plans, it would ensure greater access to
TGS commences new 2D oil and gas industry in Nigeria. timely and transparent data which is necessary
Aside from production optimisation, Auwalu for a competitive market. He added that the DPR
seismic campaign offshore identified five other important pillars to its strat- would work closely with industry stakeholders to
egy for Maximum Economic Recovery (MER) deliver all the strategies through collaborations,
Mauritania for the industry, stressing that the objective of the communication, cooperation and coordination.
strategy was to maximise the expected net value
DPR, September 9 2021
TGS is commencing a new seismic survey in the
MSGBC Basin, offshore Mauritania, adding to
the successes of the North-West Africa Atlantic
Margin (NWAAM) 2D campaign. The survey,
NWAAM 2021, will comprise 7,500 km of seis-
mic data, with a modern broadband acquisition
set-up. The project is being undertaken using the
vessel BGP Pioneer – and has the full support of
the Mauritanian Ministry of Hydrocarbons.
The survey is designed to illuminate the
regional plays in the ultra-deep and deepwater
areas with a new azimuth and to provide pro-
spectivity insights of an oil-prone area in relation
to recent key wells and the shallow water geology.
This additional insight will enable explorers to
build upon the success the basin has experienced
with the Greater Tortue Ahmeyim complex
and surrounding discoveries. The project has a
60-day acquisition timeline, with fast-track data
available three months after acquisition. The full

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