Nigeria’s Oil Rig Count Declines By 30%         Nigeria’s active rig count witnessed a downward movement with a 30 percent dip to seven in October, 2020 from 10 recorded in September. The rig count is a reflection of the level of exploration, development, production and general activities...

Oil Exploration Suffers Setback As Nigeria’s Rigs Fall By 33%     With many oil and gas companies struggling to stay afloat amid the current market situation, exploration activity in the country has suffered a decline as the number of active rigs fell by 33.33 per cent...