"The Nigerian Government has made several attempts to make gas utilization a separate component from oil. The delay of the PIB has slowed that down as there is no gas legislation that has clearly set out how to explore, issue licenses, produce and then monetize gas."
Dorman Long is fortunate to run a diversified business. Whilst the fabrication and galvanizing businesses have ground to a halt, the maintenance business endures so that at least a fair number of our staff are still kept busy and there is some continuing economic activity.
Oilserv is an indigenous service company operating in the energy space in Nigeria for approximately 25 years, providing services across the oil, gas and power sectors.
PARTNER AND LEADER OF THE ENERGY AND RESOURCES INDUSTRY, DELOITTE NIGERIA
"I believe the government is doing its best to put incentives in place. However, the delay in pinning down some of the key fiscal terms for oil industry operators in Nigeria, which is largely due to political factors, is hurting the system."
OVH Energy is an Africa-focused downstream company, which provides energy solutions for a wide range of needs, including the provision of jetty services, marketing and distribution of refined petroleum products for retail, commercial and industrial purposes.
Latam North and Caribbean Mining 2025 - Digital Interactive
A convergence of high-commodity prices and low valuations, on the back of a structural deficit in exploration and discoveries, has set the perfect scene for increased M&A. The leverage is particularly high for acquisitions in Latam North and the Caribbean, where stocks do not command the high premiums of tier-one jurisdictions. But M&A is only a quick fix to the global resource replenishment crisis.