Nigerian state oil firm NNPC issued award letters on Monday for highly sought-after contracts to exchange crude oil for imported fuel, oil industry sources told Reuters. A total of 15 groupings, with at least 34 companies in total, received award letters, four sources with knowledge of the deals said. The award letters were circulated on…
French major TOTAL and the Danish oil service company Welltec have jointly announced the first deployment of a cementless completion. Building on the experience gained through the continuous deployment of the Welltec® Annular Barrier (WAB®) in the Moho North Albian field which was awarded the first quarter of 2017, TOTAL E&P Congo says it has pushed…
French major TOTAL will be returning, within the next one year, for further exploration and appraisal of the prospects in South Africa’s Block 11B/12B offshore South Africa, where it discovered large gas condensate pools in January 2019. The Paris headquartered company has secured the Deepsea Stavanger for a multi-well drilling programme, beginning with the spud of the…
Its East African foray is turning into cash in the bank for Niger Delta Petroleum Resources NDPR, the Nigerian independent. And the money is coming from the unlikeliest of places. “If there was any place elsewhere in Africa where we could access opportunities and quickly develop those opportunities into the same kind of portfolios that…
The Department of Petroleum Resources (DPR) on Monday lifted the sanctions melted on a downstream marketing company, Petrocam Trading Nig. Ltd., for violating the agency’s rules and regulations. Mr Ahmed Shakur, the acting Director of DPR told newsmen in Lagos that the company committed an infraction against the agency in one of its gas plants…
Seplat Petroleum Development Company Plc’s planned $700m Assa North /Ohaji South (ANOH) gas and condensate field project, at completion, is expected to contribute significantly in addressing Nigeria’s deficit in thermal power delivery. This project straddles OML 53 (seplat 40 per cent working interest and operator) and OML 21 (Shell JV). In a presentation titled ‘Stability,…
Professor Umar Danbatta, executive vice chairman of the Nigerian Communications Commission, bags award of excellence for attaining 2018 target on broadband penetration in the country THE Nigerian Society of Engineers, NSE, Kano branch, has honoured Professor Umar Danbatta, executive vice chairman, Nigerian Communications Commission, NCC, with an award of excellence in recognition of the commission’s attainment…
Shell Petroleum Development Company of Nigeria Limited (SPDC) Joint Venture (JV), said it would continue to embark on programmes that would galvanise the economic growth of Delta. Mr Igho Weli, SPDC General Manager, External Relations made said this in a statement on Saturday in Warri. Weli said that the global oil multinational company had ongoing…
An Oil and Gas Expert, Mr Chikezie Nwosu, has advised the new Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Mr Mele Kyari, to find a business model that guarantees end users’ payment for domestic gas used. Nwosu, former Chairman, Society of Petroleum Engineers (SPE), Nigeria Council, gave the advice in Lagos on Saturday….
L-R: Technical Adviser to the President/CE on Refinery and Petrochemical Projects, Dangote Industries Limited, Engr Babajide Soyode and C.E.O, National Petroleum Authority, Ghana, Alhassan Suleiman Tampuli at the event in Accra, Ghana Dangote Refinery, Key to Africa’s Economic Transformation – Oil Stakeholders With a wobbling Gross Domestic Product of $1.8 trillion, countries in Sub-Saharan Africa are…
