Daniel Terungwa The Nigerian Ports Authority has announced the appointment of four new General Managers and eight Assistant General Managers with immediate effect. The appointment, according to a press release signed by the Assistant General Manager, Corporate & Strategic Communications, Ibrahim Nasiru, is in furtherance of the management’s commitment to motivating its workforce and building…
By Ikenna Omeje The Nigerian National Petroleum Corporation (NNPC) and Sterling Exploration and Energy Production Company (SEEPCO), on Thursday, signed a Gas Development Agreement (GDA) in Abuja. “This latest milestone provides the terms for the development of OML 143 Gas, providing gas for the domestic market which aligns perfectly with the Federal Government’s National Gas Expansion…
The Nigerian Content Development and Monitoring Board (NCDMB) on Wednesday flagged off a partnership arrangement with Anoh Gas Processing Company Limited for the completion of the Center for Skills Development and Training (CSDT) located at Greater Port Harcourt Area, Rivers State. Construction work at the skills acquisition center had been stalled since 2014 due to paucity of funds after it was conceived by the Petroleum Technology…
Mordi Chukwunonso Esther The Department of Petroleum Resources (DPR) says it will align itself with the challenges identified by the Electricity Generating companies as regards the Nigeria Gas Transportation Network Code (NGTNC). Mr Sarki Auwalu, DPR Chief Executive Officer, disclosed this at the NGTNC engagement with the DPR, Gencos and the National Electricity Regulatory Commission…
Daniel Terungwa The Nigeria Extractive Industries Transparency Initiative (NEITI) has reiterated the role of the media in ensuring transparency and openness in the extractive industry, especially given the ongoing reforms in the sector. The Executive Secretary, NEITI, Dr. Ogbonnaya Orji, in his speech at a training organised by the body for editors and correspondents on…
By Ikenna Omeje Italian energy giant and owner of Nigerian Agip Oil Company (NAOC), Eni, has announced its participation to Expo 2020 in Dubai as “Platinum Sponsor” of the Italian Pavilion, where the company will illustrate its innovation-led decarbonisation strategy applied to the whole energy supply chain. In a statement issued on Monday, the company…
Mordi Chukwunonso Esther The Department of Petroleum Resources (DPR) has debunked claims that the exact volume of crude oil produced in the country was not known. Mr Paul Osu, Head, Public Affairs, DPR, in a statement issued in Lagos, said every litre of crude produced in the country was adequately captured during the process of…
Daniel Terungwa Angolan Minister of Mineral Resources, Oil and Gas, Diamantino Azevedo has reiterated optimism about the future of the oil sector in Angola, which presents itself with “great” potential. According to the minister, Angola remains “blessed with great oil potential, presenting itself with a stable, competitive and very attractive oil sector for investors”. Speaking…
By Ikenna Omeje The Nigerian Electricity Regulatory Commission (NERC) has disowned a message circulating about purported ongoing recruitment by the commission and advised Nigerians not to fall victims to the recruitment scam. In a series of tweets via its official Tweeter handle on Thursday, NERC said the perpetrators of the recruitment scam demanded employment processing fees from…
Mordi Chukwunonso Esther The Federal Government on Thursday inaugurated an Alternative Dispute Resolution Center (ADRC) to quicken the resolution of disputes in the oil and gas industry in Lagos. It also inaugurated a six-member Advisory Council and a 20-member Body of Neutrals to mediate on disputes before the ADRC, which is one of the units…