2019 Q3 Fleet update
Rig Imperial carrying out drilling & Completions operations for Conoil till November 2020 with an option of…
UNDETERRED CONFIDENCE
Depthwize’s standing in the regional market, combined with high permeability rate for Nigeria’s oil reservoirs, has allowed it to not just survive but also build through the 2015-2017 market downturn
2018 Fleet Update
Rig Imperial successfully completed a 2-well drilling campaign for Moni Pulo Nigeria Ltd in November 2018. Rig…
CEO, Depthwize on the Future of Oil & Gas Sector
With the oil prices trending higher than they have been in the past; Uche Dimiri, CEO at…
Rig owners seek alternative funding for oil industry
Rig owners in Nigeria have tasked the Federal Government to implement the alternative funding stream for joint…
Depthwize’s expansion drive gains as AFC underwrites $65m loan facility
The Africa Finance Corporation (AFC) has underwritten $65 million of a $100 million senior secured term loan…
Deepwater Trends & Challenges
The search for more oil/gas reserves by E&P Companies will continue in as much as hydrocarbon…
FG, petroleum marketers meet over fuel scarcity
The Federal Government is to meet with marketers of petroleum products in Abuja, as the petrol scarcity…