AITEO

October 08, (THEWILL) — Bayelsa State Governor, Senator Douye Diri, has given AITEO Exploration and Production Company Limited a one-month ultimatum to remit all funds due to Bassambiri community in Nembe Local Government Area as part of ongoing peace...

July 09, (THEWILL) — A Federal Capital Territory (FCT) High Court, in Abuja, has nullified the arbitration proceedings at the International Chamber of Commerce (ICC), London, instituted against indigenous energy giant, Aiteo Eastern E&P Company Limited, by a group...

May 14, (THEWILL) – Nigerian oil and gas giant, Aiteo Eastern E&P Company Limited has entered into a strategic partnership with Mozambique’s national petroleum company, PETROMOC, to construct a 200,000-barrel-per-day refinery. The announcement, made during the 11th Mozambique Mining and...

June 23, (THEWILL) - The audacious launch by Aiteo Group and Bravura, two entities founded by Nigerian-born African billionaire and oilman, Benedict Peters, into Zimbabwe, Mozambique and the Congo and the impressive half year numbers of the former, Nigeria’s indigenous...

June 22, (THEWILL) - One of Nigeria’s largest indigenous producers, Aiteo Eastern Exploration and Production Company (AEEPCO), operator of the NNPC/Aiteo Joint Venture on OML 29 says it has resumed oil production after temporarily shutting down operations last week...

June 14, (THEWILL) – Aiteo Eastern Exploration and Production Limited, one of Nigeria’s largest indigenous producers, has recorded crude sales of $325m about N471 billion in the first half of the year and could be on course to reach...

January 21, (THEWILL) - The expansion drive by Aiteo Group, Nigeria’s foremost independent energy operator, to establish presence in the Central and Southern Africa territory signposts strategic move towards global competition. Like Nigerian banks, which are combing the nooks and...

March 22, (THEWILL) – Nigerian Business Mogul and founder of Aiteo Group, Benedict Peters, will on April 1, 2023, at the African Heritage Concert and Awards slated to hold in Kigali, Rwanda, receive the African Philanthropist Award for...

December 08, (THEWILL) - The Executive Director of Programs, African Centre for Justice and Human Rights, Miss Chinomso Nduka Edede, has commended Aiteo’s technical ingenuity for successfully stopping the leak on its Santa Barbara wellhead in Nembe, Bayelsa state. Aiteo had...

December 08, (THEWILL) - Aiteo Eastern Exploration and Production Company (AEEPCO), operator of the NNPC/Aìteo Joint Venture on OML 29, has successfully shut down the leak on its Santa Barbara wellhead in Nembe, Bayelsa state. The company had in a...