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…
The Gambia National Petroleum Company (GNPC) announced today that it has signed a Memorandum of Understanding (MOU) with Vale Media Group (VMG), the African Oil & Energy B2B events company, to partner together to co-host the 6th Annual Upstream West Africa Summit 2020, which will take place between the 16th – 18th June 2020 in the capital city of Banjul, The Gambia, marking the inaugural International Upstream Oil & Gas event for the West African country. The MoU covers a comprehensive programme for both parties to engage in, from pre-event planning, PR & marketing, establishing a USWA content committee to allow engagement with key stakeholders from the International Upstream Oil & Gas community, through to onsite event execution and post event follow up, to ensure the 6th Annual Upstream West Africa summit is delivered to the highest standards. (From L-R) Matthew Hewitson, Co-Founder & President (VMG), Lamin Manneh, Reservoir and Geoscience Engineering Manager (GNPC), Yaya Barrow, Managing Director (GNPC), Daniel Maggs, Co-Founder & CEO (VMG), El Hadj Mamedine Sougoufara, Africa Business Development Director (VMG) Yaya Barrow, Managing Director, Gambia National Petroleum Company commented “GNPC Gambia is upbeat about this event. For the first time in the institution’s history and in general in the annals of The Gambia, a major international conference in oil and gas is being hosted by the country. The event will undoubtedly put both GNPC and The Gambia in positive light internationally, but above all will present huge opportunities in wooing investors in oil and gas related ventures and expand GNPC’s network in the global oil market. GNPC and the Ministry of Petroleum and Energy is putting together an organizing committee to ensure the event progresses seamless” Daniel Maggs, Co-Founder & CEO of VMG, added “This MOU is a significant milestone for VMG, as we have the opportunity to bring our flagship Upstream West Africa Summit for the first time ever into The Gambia. We have the honor of hosting the country’s first ever International Upstream Oil & Gas event, which will provide a fantastic platform for us to showcase The Gambia’s Upstream activity and ambitions to the global Upstream sector, we are delighted to be working alongside the GNPC The Gambia on this world class event” Matthew Hewitson, Co-Founder & President of VMG concluded “With the MSGBC basin opening up, it is an exciting time for the whole West African region. Executives from Mauritania, down to, and including Nigeria, the Upstream West Africa Summit is the premier Oil & Gas event that brings all of the National & International Oil Companies together from the entire West African region for 3 days of high-level 1-2-1 B2B meetings, panel discussions, presentations & networking. Our award-winning format provides a platform for real, tangible business discussions to take place, in a 5* environment to ensure that West Africa’s people are the real winners of the regions’ Oil & Gas discoveries. Early Registration is now open for USWA20, for additional information & sponsorship opportunities please contact [email protected] / +44 (0) 1446 678080 #USWA20 #USWA #ECOWAS #Upstream #Oil #Gas #Deepwater #Offshore #Exploration #Drilling #Production #Subsea #FLNG #FPSO #Frontier #LocalContent…
With most part of the world trying to move away from oil to adopt alternative and renewable energy, Nigeria’s future in the post-oil world looks rather bleak, according to SBM Intelligence. The Nigerian economy is heavily dependent on its oil exports. According to the Nigeria Bureau of Statistics, crude oil exports contributed N3.376tn or 74.45…
Oil production joint venture partners comprising the Nigerian National Petroleum Corporation (NNPC), Star Deepwater Petroleum Limited (a Chevron Company), Famfa Oil Limited, Equinor, and Petroleo Brasileiro Nigeria Limited, spent N2.7 billion in the last 11 years supporting efforts to cure and eradicate tuberculosis in Nigeria, THISDAY has learnt. The partners were involved in the Agbami…
The Managing Director of Greenville LNG Limited, Ritu Sahajwalia, has declared that the company was set to be a catalyst to Nigeria’s economic growth, by making liquefied natural gas available to all in the country. Speaking at the inauguration of Greenville LNG Customer Location at Dufil Prima Foods Plc, Port Harcourt, Sahajwalia said the company…
The Nigerian National Petroleum Corporation (NNPC) has disclosed that its management of transactions involving Nigeria’s equity share of crude oil produced in the country has been automated to up to 98 per cent. It said with the development, information on how much of Nigeria’s crude oil share was sold, the price, who bought it and…