Cuts 30% off 2020 spending over COVID-19 Chevron Corporation, America’s super oil major, has slated 6,750 staff for sack in one of the biggest global mass disengagment of work force. The mass sack, the company with major footprint in Africa said, represents a cut of between 10 per cent to 15 per cent of…
Saipem has signed a two-year frame agreement with Equinor covering engineering services worldwide. Saipem S.p.A revealed Tuesday that it has signed a two-year frame agreement with Equinor ASA covering engineering services worldwide. According to Saipem, the frame agreement covers feasibility and conceptual studies, front-end engineering design, detailed engineering and related follow-on and support for research…
The Nigerian National Petroleum Corporation (NNPC) has said that professional competence, adherence to the principle of transparency and accountability informed the recent top management appointments executed in March. The Spokesman for the corporation, Dr. Kennie Obateru, disclosed this in a statement in Abuja. The corporation had in March disengaged some of its members of staff…
Nigeria’s indigenous oil service firm, Oilserv limited, has mobilized men, material and heavy duty equipment to its Ajaokuta site in commencement of activities towards delivery of the 614km gas pipeline. This is the latter part of the EPC (engineering, procurement and construction) work scope awarded the firm on the Ajaokuta-Kaduna-Kano gas pipeline project. Consistent with…
The Chief Executive Officer (CEO) of Seplat Petroleum Plc, Dr. Austin Avuru has said that operators in the Nigerian oil and gas sector are owing banks about $3 billion debts that are yet to be mitigated. Avuru said this Wednesday, at the Nigerian Association of Explorationists (NAPE) second Webinar series, title “The New Normal Post…
Shell, ExxonMobil, Chevron and others have have agreed to redirect their focus and attention to global health, safety and environmental protection while striving to produce energy for the world consumption. In a letter signed by these International oil companies (IOCs) they said that the reality brought about by Covid-19 has further crystallized their focus on…
Shell Nigeria Exploration and Production Company (SNEPCo) has begun the 5th turnaround maintenance at Bonga and its crude oil export terminal. According to SNEPCo this maintenance is billed to have the work done in “record time” This is another statutory activities that will ensure continuous optimum operations at the deep water field which began…
There are strong indications that the Federal government may further initiate another staff audit of the Nigerian National Petroleum Corporation (NNPC) given the controversy that have trail the recent employment of graduate trainee by the corporation. Though NNPC had already disclosed that it has currently in it’s employment a total of 6,621 staff. This…
Two guidance documents for creating safe and effective return-to-work conditions during and after the COVID-19 pandemic have been issued by the International Labour Organization (ILO). The Guidance Note says that return to work policies need to be informed by a human-centred approach that puts peoples’ rights at the heart of economic, social and environmental policies….
The National Oil Spills Detection and Response Agency says the two recent leaks from Agip’s oilfields in Southern Ijaw and Brass Local Government Areas of Bayelsa State were caused by equipment failure. Idris Musa, Director-General, NOSDRA, confirmed the development over the weekend in Yenagoa Musa explained that officials of the agency conducted a Joint Investigative…