Mozambican Oil Attracts ExxonMobil, Aiteo, Others

By Kester Kenn Klomegah At least 13 oil and gas companies are interested in Mozambican oil and have delivered bids for the prospection and exploration of hydrocarbons in response to the sixth licensing round for exploration and production concessions, the country’s Ministry of Mineral Resources and Energy has said. According to Radio Mozambique (RM) news… Continue reading Mozambican Oil Attracts ExxonMobil, Aiteo, Others

Benedict Peters, Aiteo Group Appoint 7 SANs, 6 Other Lawyers

By Dipo Olowookere Seven Senior Advocates of Nigeria (SANs) and six other lawyers have been appointed by Aiteo Group and Benedict Peters, the Executive Vice Chairman of the oil firm. This followed a recent appointment of international law firms to lead the global effort to address legal and political-based issues surrounding Aiteo Group and Mr… Continue reading Benedict Peters, Aiteo Group Appoint 7 SANs, 6 Other Lawyers

Aiteo Oil Production Hits 90kpod One Year after OML 29 Acquisition

**Emerges Nigeria’s Leading Oil & Gas Firm By Dipo Olowookere Integrated energy group, Aiteo, has announced a peak production of 90kpod just one year after its acquisition of sub-Sharan Africa’s reputedly largest onshore oil bloc OML 29. Recall that in September 2015, Aiteo acquired OML 29 when Shell Petroleum Development Company (SPDC) fully exited the… Continue reading Aiteo Oil Production Hits 90kpod One Year after OML 29 Acquisition