The Nigerian National Petroleum Corporation (NNPC) says it has signed a 3.15 billion dollars Financing and Technical Services Agreement between Sterling Oil Exploration and other partners for the development of Oil Mining Lease (OML) 13. The corporation disclosed this in a statement signed by Mr Ndu Ughamadu, its Group General Manager, Group Public Affairs Division,…
[New York, July 23, 2019] — Today, Global Compact Network USA recognized the first ever USA SDG Pioneer — a young business leader who is championing the Sustainable Development Goals (SDGs) through their company, as well as inspiring others to advance the 2030 Agenda for Sustainable Development. Chosen from a number of highly impressive…
TREXM Oil & Gas Services Nigeria Limited, an oil and gas services project delivery company, has unveiled its Flare Care Programme, an initiative launched in partnership with Baker Hughes General Electric (BHGE), to help customers control flare efficiency using an advanced process control algorithm. According to the firm, the move is In line with its commitment to…
The Federal Government has assured that the Nigerian Gas Flare Commercialisation Programme, NGFCP, would reverse the current lull in the Nigerian petroleum industry, and would attract investment valued at about $3.5 billion to the industry. In an interview with Vanguard in Abuja, Programme Manager of the NGFCP in the Ministry of Petroleum Resources, Mr. Justice…
The Senate, yesterday, urged its Petroleum Committee on downstream and upstream sectors of the oil industry, when constituted, to invite the Minister of Petroleum and the Managing Director of Nigerian National Petroleum Corporation (NNPC), Mele Kolo Kyari, to brief it on the status of existing refineries, including the status of newly licensed modular refineries in the country. The decision…
L-R: Chief Executive Officer of Sterling Oil Exploration and Energy Production Company Limited (SEEPCO), Deepak Babubhai; Chairman of SEEPCO, Mr. Tony Chukwueke; representative of NNPC GMD and NNPC Chief Operating Officer, Upstream, Mr. Roland Ewubare; and Managing Director of the Nigerian Petroleum Development Company (NPDC), Mr. Mansur Sambo, signing the Financing and Technical Services Agreement…
THE Nigerian National Petroleum Corporation, NNPC, has indicated interest in working with the Indonesian national oil company, Pertamina, to improve on the volume of crude oil export. Mele Kyari, group managing director of the NNPC, disclosed this today while receiving Usra Hendra Harahap, Indonesian Ambassador to Nigeria, at the NNPC Towers, Abuja. A press release by Ndu Ughamadu,…
THE Nigerian National Petroleum Corporation, NNPC, and the Kingdom of Morocco have pledged to deliver on the gas pipeline bilateral agreement between Nigeria and the North African nation in record time. This was made known by Mele K. Kyari, group managing director of the Corporation, while receiving Moha Ou Ali Tagma, Moroccan Ambassador to Nigeria, at the NNPC…
ABU DHABI, UAE – Abu Dhabi National Oil Co. (ADNOC) and China National Offshore Oil Corp. (CNOOC) have agreed to jointly explore opportunities for collaboration in the upstream and downstream sectors and in LNG. They will also share knowledge, best practices, and the latest proven technologies in ultra-sour gas development in order to improve operational efficiency in…
MONACO – The FPSO Liza Destiny has departed from Keppel Shipyard in Singapore and is sailing to Guyana, according to contractor SBM Offshore. The voyage is expected to take less than two months. This milestone follows a record turnaround time of just over 20 months for its construction phase by SBM Offshore – including module construction at the nearby…
