Nigerian based energy firm, Lekoil Ltd, is shopping for about $100 million to enable it commence the drilling of its Ogo oilfield.
Reports said company is seeking new funding after it discovered that the former one it thought was from…
Lekoil Oil and Gas Investments Limited has executed a prepayment facility agreement with Shell Western Supply and Trading Limited (SWST), a member of the Royal Dutch Shell group of companies.
The prepayment facility follows the renewal…
Pita Ochai
Indigenous oil and gas firm, LEKOIL has indicated that its strategic investments this year could lead to an additional 15,000-20,000bopd increase in national oil production in 2019.
"The priority for 2019 is to grow…
Lekoil may be set to attract the required funding to emerge as major oil and gas producer as a rating agency has given a green light to investors to invest in the indigenous oil firm, Orient Energy Review reports.
Renaissance Capital…
Olalekan (“Lekan”) Akinyanmi is the Chief Executive Officer of AIM –listed Lekoil (LON:LEK). He has over 20 years’ experience in the oil and gas industry, most recently with AllianceBernstein L.P. in New York where he spent six years as a…
Lekoil announced Monday this week the start of oil production from the Otakikpo Marginal Field in OML 11, which is located on the shore line in the south-eastern part of the Niger Delta.
"First oil" flowed to surface at the Otakikpo-002…
