Business A.M
No Result
View All Result
Friday, October 23, 2026
  • Login
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • ONLINE & DIGITAL CONTENT PACKAGE
Subscribe
Business A.M
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • ONLINE & DIGITAL CONTENT PACKAGE
No Result
View All Result
Business A.M
No Result
View All Result
Home Oil and Gas

Nigeria’s state oil company says insecurity hindering oil exploration in Chad basin

by Admin
January 30, 2018
in Oil and Gas

Nigeria’s state oil company, Nigerian National Petroleum Corporation (NNPC) on Tuesday blamed security challenges for the non-commencement of oil exploration in the Chad Basin.

Mazadu Bako, the General Manager, Frontier Exploration Services of NNPC, disclosed this at the 50th anniversary celebration of the Geology Department, Ahmadu Bello University (ABU), Zaria.

He said: “If the security situation was not the way it is today, our locations for drilling would have been ongoing in construction.”

Represented by the deputy manager, Benue Trough Operations at NNPC, Alex Tarka, Bako said the Department of Geology in ABU has produced Geo-scientists who have contributed immensely to the Nigeria’s extractive industry.

“Let us take a quick look at NNPC exploration efforts in some inland basins in Nigeria, starting with the Chad basin. Between 1976 and 1996 a total of 33, 000 kilometers of 2D seismic data were acquired, processed and interpreted, which led to the drilling of 3wells in the Chad basin.

The Golden Jubilee was marked in honour of the pioneer Head of the Geology Department, late John B. Wright, who was given a posthumous award.

Admin
Admin
Previous Post

Nigeria’s power transmission company, TCN, transmits 27,366mw more electricity than DISCOs can handle in January

Next Post

World Bank support for Nigeria, fragile states doubles to more than $14bn

Next Post

World Bank support for Nigeria, fragile states doubles to more than $14bn

  • Trending
  • Comments
  • Latest

How UNESCO got it wrong in Africa

May 30, 2017

CBN to issue N1.5bn loan for youth led agric expansion in Plateau

July 29, 2025
MMA2 enters new commercial era after 20-year concession dispute

MMA2 enters new commercial era after 20-year concession dispute

August 28, 2026
NGX taps tech advancements to drive N4.63tr capital growth in H1

Insurance-fuelled rally pushes NGX to record high

August 8, 2025

6 MLB teams that could use upgrades at the trade deadline

Top NFL Draft picks react to their Madden NFL 16 ratings

Paul Pierce said there was ‘no way’ he could play for Lakers

Arian Foster agrees to buy books for a fan after he asked on Twitter

Dangote refinery's targeted 10m investors to overtake Saudi Aramco’s 4.5m retail investor record

Dangote refinery’s targeted 10m investors to overtake Saudi Aramco’s 4.5m retail investor record

October 22, 2026
Kenya investment bite: Dangote acquires 25% stake of Kenya's pipeline company at $327m

Kenya investment bite: Dangote acquires 25% stake of Kenya’s pipeline company at $327m

October 22, 2026
Nigeria leads Africa startup funding race with $635m in nine months

Nigeria leads Africa startup funding race with $635m in nine months

October 21, 2026
Remita CEO urges businesses to prioritise customer experience in digital transformation

Remita CEO urges businesses to prioritise customer experience in digital transformation

October 21, 2026

Popular News

  • How UNESCO got it wrong in Africa

    0 shares
    Share 0 Tweet 0
  • CBN to issue N1.5bn loan for youth led agric expansion in Plateau

    0 shares
    Share 0 Tweet 0
  • MMA2 enters new commercial era after 20-year concession dispute

    0 shares
    Share 0 Tweet 0
  • Insurance-fuelled rally pushes NGX to record high

    0 shares
    Share 0 Tweet 0
  • Glo, Dangote, Airtel, 7 others prequalified to bid for 9Mobile acquisition

    0 shares
    Share 0 Tweet 0
Currently Playing

CNN on Nigeria Aviation

CNN on Nigeria Aviation

Business AM TV

Edeme Kelikume Interview With Business AM TV

Business AM TV

Business A M 2021 Mutual Funds Outlook And Award Promo Video

Business AM TV

Recent News

Dangote refinery's targeted 10m investors to overtake Saudi Aramco’s 4.5m retail investor record

Dangote refinery’s targeted 10m investors to overtake Saudi Aramco’s 4.5m retail investor record

October 22, 2026
Kenya investment bite: Dangote acquires 25% stake of Kenya's pipeline company at $327m

Kenya investment bite: Dangote acquires 25% stake of Kenya’s pipeline company at $327m

October 22, 2026

Categories

  • Frontpage
  • Analyst Insight
  • Business AM TV
  • Comments
  • Commodities
  • Finance
  • Markets
  • Technology
  • The Business Traveller & Hospitality
  • World Business & Economy

Site Navigation

  • Home
  • About Us
  • Contact Us
  • Privacy & Policy
Business A.M

BusinessAMLive (businessamlive.com) is a leading online business news and information platform focused on providing timely, insightful and comprehensive coverage of economic, financial, and business developments in Nigeria, Africa and around the world.

© 2026 Business A.M

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • ONLINE & DIGITAL CONTENT PACKAGE

© 2026 Business A.M