Connect with us

24 Hours Across Africa

Oando has announced the discovery of Gas in Niger Delta

Published

on

Oando plc through its molecule subsidiary oando energy resources (OER) on wednesday said it has made a correlation gas and quantum discovery in its fields in the Niger delta

A disclosure sent to the Nigerian Stock Exchange said the project is a joint venture arrangement among the Nigerian National Petroleum Corporation (NNPC).

Details showed that the NNPC owns 60 per cent stake in the project, while Oando and NAOC, the operator controls 20 percent each.

The discoveries were made in the deeper sequences of the Obiafu-Obrikom fields, in OML61, onshore Niger Delta, the oil firm said.

The Obiafu-41 Deep appraisal/exploration well has reached a total depth of 4.374m encountering an important gas and condensate accumulation within the deltaic sequence of Oligocene age comprising more than 130m of high quality hydrocarbonbearing sands, it said.

The company added that the find amounts to about 1 trillion cubic feet of gas and 60 million barrels of associated condensate in the deep drilled sequences.

The discovery is part of a drilling campaign planned by the Joint Venture aimed at exploring near-field and deep pool opportunities as immediate time to market opportunities.

@ Anttention Fresh,                
We work hard to ensure that any news brought to you is legitimate and valuable so we leave out the noise. This material, and other digital content on this website, may be reproduced, published, broadcast, rewritten or redistributed in whole or in part BUT give us credit as your source. 

DOWNLOAD ANTTENTION FRESH NEWS ON THE GO APP
JOIN AN ONLINE LEARNING COMMUNITY CLICK IMAGEonline training

Continue Reading
Advertisement

24 Hours Across Africa

Liverpool maintain perfect start after beating Chelsea

Published

on

Alexander Arnold’s 15th minutes thounderous strike and Firmino effort at Stamford bridge earn Liverpool five points lead over Manchester city.

Liverpool are the first team to win their opening six Premier League games in successive seasons.

After an intensed play, Chelsea have a goal rule out over Var decision, on 71th minutes Ngolo konte score a hard fought goal.

Liverpool fans has loud Adrian over his resilience performance after saving chances from Tammy Abraham, Michy Batshuayi and Mason Mount.

 

 

 

 

Continue Reading

24 Hours Across Africa

Facebook suspends thousands of apps in response to Cambridge Analytica row

Published

on

Facebook Inc said, it has suspended tens of thousands of apps on the social networking platform, as part of the company’s ongoing app developer investigation it began in March 2018 in response to the Cambridge Analytica row.

The suspended apps are associated with about 400 developers, Facebook said, adding that it is not necessarily an indication that these apps were posing a threat to users.

Earlier this year, the company agreed to pay a record-breaking $5 billion fine to the U.S. Federal Trade Commission (FTC) to resolve a government probe into its privacy practices.

The FTC privacy probe was triggered last year by allegations that Facebook violated a 2012 consent decree and inappropriately shared information of 87 million users with British political consulting firm Cambridge Analytica.

Facebook has since agreed to boost safeguards on user data and has put curbs on the amount of information that third-party developers can request from platform users.

“… We’re making progress. We won’t catch everything, and some of what we do catch will be with help from others outside Facebook,” the company said in a blogpost.

Source: Reuters

Continue Reading

Facebook

Advertisement
Flag Counter
Advertisement

Trending

Copyright © 2018 Anttention Media. All rights reserved