…As NCDMB Keeps Up With Its Developmental Projects Strides in Niger Delta Region By Ikenna Omeje The Minister of State for Petroleum Resources, Chief Timipre Sylva on Tuesday, August 4, inaugurated the Project Committee for the development of the Oloibiri Museum and Research Center (OMRC) in Bayelsa State, where oil was first discovered in commercial…
Commends Akeredolu for choosing an Ilaje man as running mate in October election Demands focus on development of Ilaje land by government Akure – August 5, 2020 The Ilaje Development Summit Group (IDSG) wishes to congratulate the Governor of Ondo State, Arakunrin Oluwarotimi Odunayo Akeredolu (Aketi) on his choice of a distinguished Ilaje son,…
In furtherance of local content development, Nigeria’s engineering, procurement and construction (EPC) giant has announced its partnership with Innoson Vehicle Manufacturing as it intends to get involved in the conceptualization, manufacturing and use of the locally-manufactured vehicles for its oil and gas operations. This is geared toward eventual proliferation of Nigerian-made vehicles. Sequel to its…
Sixty-four years after the discovery of crude oil in commercial quantities at Oloibiri, Bayelsa State by Shell Darcy, the Federal Government working closely with the Bayelsa State Government and Shell Petroleum and Development Company (SPDC) have started the establishment of an Oil and Gas Museum and Research Center in the town. This symbolic project was…
Daniel Terungwa Nigeria’s Minister of Transportation, Rotimi Amaechi, has said that the probe into Nigeria’s use of foreign loans to finance infrastructure projects could scare off foreign lenders. According to the Minister, infrastructure projects in Nigeria stand to be affected, should such lenders choose to withdraw their loan offers. Amaechi stated this at a hearing…
Engr. Stella Okene (PhD) is a trained Petroleum Engineer and an inexorable business entrepreneur.This wife and mother is the astute Group Chief Executive Officer (CEO) of Stelog Group of companies, which comprises Stelog Limited, an oil and gas company; Stelog Gas Limited; Stelog Exploration and Production Company; as well as Trinicle Limited. Stelog Limited specializes…
By JEROME ONOJA AND AMOS IKE It is stale news that the Final Investment Decision (FID) for the Nigerian Liquefied Natural Gas Train 7 project has been taken and Engineering, Procurement and Construction (EPC) has commenced. This article focuses on the possible impact of the project on Nigeria’s economic development, especially with the looming global…
By AMOS IKE The novel Coronavirus (COVID-19) pandemic has battered the global economic and caused a disruption in the international financial system. This article highlights the impact of the pandemic on plans by countries to undertake marginal fields’ bid rounds; the challenges and prospects of the auctions. Economies, the world over, have been impacted by…
Ngozi Oyewole, also known as ‘Noxie’ is the Founder of Noxie Limited, an award-winning, SONCAP (SON/LSOII/CB/2324) and MAN (MAN/GML/05047) integrated service provider and manufacturer. She is a certified health and safety professional whose company plays actively in the supply chain of PPEs used by oil majors and service companies. Noxie equally maintains a good market…
By Mordi Chukwunonso The Nigerian National Petroleum Corporation has declared mid-2023, the new target date to make the Country’s refineries effective. Nigeria’s refineries in Warri, Port Harcourt and Kaduna have not functioned for some years. This was announced by the Group Managing Director, NNPC, Mele Kyari in a show ‘’Pivotal’’ on channels television, speaking on…