Equity Petroleum Services Nigeria Limited is a wholly indigenous oilfield services company specializing in high quality technological solutions for the oil and gas industry primarily in the field of Well Intervention, Slickline and other related upstream activities.
Safety is no Accident, Our goal..... ZERO HARM.
The Organization of the Petroleum Exporting Countries and its allies are committed to maintaining oil market stability beyond 2020, with physical supplies relatively tight globally, OPEC Secretary-General Mohammad Barkindo said on Tuesday. He added that compliance with production quotas among OPEC and its allies was at 136%, curbing global supplies, while production growth in Northâ€¦ [...]
The Federal Government will be $1.5 billion richer after the passage of the Deep Offshore and Inland Basin Production Sharing Contract (Amendment) Bill by the National Assembly, Senate President, Ahmad Lawan, said on Tuesday. The Senate also adjourned plenary for two weeks to enable its Standing Committees engage Ministries, Departments and Agencies (MDAs) for theâ€¦ [...]
The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, has said the federal government adopted a lower oil benchmark price of $57 per barrel for the 2020 budget as against the $60 per barrel in the 2019 budget because of the expected oil glut in 2020, as well as the need to cushionâ€¦ [...]
Seplat Petroleum Development agreed to buy Eland Oil & Gas, adding resources in Nigeria as it seeks to become the countryâ€™s biggest independent exploration and production company. The acquisition of Eland, whose main asset is the OML 40 license in the Niger Delta, is set to boost Seplatâ€™s production to 64,000 barrels of oil equivalentâ€¦ [...]