Daniel Terungwa The Speaker of the House of Representative, Rt. Hon. Femi Gbajabiamila, has reiterated the importance of the legislature in providing a framework for the growth of the Petroleum Industry. Gbajabiamila made the statement recently at the Nigeria International Petroleum Summit, NIPS, (an African Technology Conference for key Stakeholders and players of the…
The Nigerian Content Development and Monitoring Board (NCDMB) has approved four firms for the supply of Barites required for any drilling project or contract in the Nigerian oil and gas industry. The four Barites processors are Nishan industries Limited located in Port Harcourt, Rivers State; Delta Prospectors Limited in Lafia, Nasarawa State; Ana Industries Limited…
By Ikenna Omeje President Muhammadu Buhari, on Monday, said that the hydrocarbon industry will still remain a multi-trillion-dollar industry in decades to come. The President stated this while declaring open the 4th Nigeria International Petroleum Summit (NIPS) with the theme, “From Crisis to Opportunities: New Approaches to the Future of Hydrocarbons.” Represented by the Minister of…
Daniel Terungwa The Vice President of the United Republic of Tanzania, Dr. Philip Mpango has instructed local authorities to produce a better energy transition strategy that targets to reduce use of charcoal and firewood as an alternative to protecting and preserving the environment. Gracing the United Nations’ World Environment Day in Dodoma on Saturday, the…
Nigeria’s Minister of State for Petroleum Resources, H.E. Timipre Sylva has called on oil producing African countries to come up with policies that will deepen local participation and domiciliation in the Content. The Honourable Minister made this call recently while declaring open the maiden edition of the African Local Content Roundtable, at the Nigerian Content…
As part of the sessions lined up for the 4th edition of Nigeria International Petroleum Summit (NIPS) taking place at the International Conference Centre (ICC) Abuja, the Department of Petroleum Resources (DPR) and National Petroleum Investment Management Services (NAPIMS) will use the opportunity and the platform to give status update of their organization’s activities to…
By Ikenna Omeje Africa will continue to be an integral and important player in the oil and gas industry’s efforts to meet the global rising energy needs, the Secretary-General of the Organisation of Petroleum Exporting Countries (OPEC), Mohammad Barkindo, has said. OPEC in a statement on Wednesday stated that Barkindo who was speaking at the…
Daniel Terungwa The Nigerian Maritime Administration and Safety Agency (NIMASA) recently donated educational materials to Premier Academy School, Lugbe, Abuja, to mark this year’s Children’s Day celebration. This is part of the agency’s numerous corporate social responsibility projects. The Director General of NIMASA, Dr Bashir Jamoh, speaking during the event, emphasized NIMASA’s commitment to capacity…
…. Ministerial session to feature African Energy Ministers The Nigeria International Petroleum Summit (NIPS), the African Petroleum Technology & Business Conference, scheduled for June 6 – 10, 2021, is primed to come up with an action plan for Africa’s oil and gas industry in the post-Covid-19 pandemic era. The theme of the summit is “From crisis…
Daniel Terungwa Prime Minister Hichem Mehichi, has met a high-level delegation of Italian oil and gas company ENI to discuss working conditions of the group in Tunisia in various fields, particularly renewable energy and hydrocarbons. Mechichi stated in Kasbah, that the purpose of the meeting was to ease the work of the company as well…