Oslo, NO – 8th April 2019 – DeepOcean Group, a leading global subsea service provider, celebrated its 20-year anniversary on 8th April 2019. Two decades of successfully serving its international customer base, executing the world’s most challenging and advanced subsea projects. Established as DeepOcean AS in Haugesund, Norway, in 1999, DeepOcean has since expanded…
The Nigerian Content Development and Monitoring Board (NCDMB) has held the final phase of engagements with oil and gas industry stakeholders on the draft Nigerian Content Ministerial Regulations. The latest forum was held in Lagos recently and was attended by representatives of the international and indigenous operating companies, service companies and select law firms working…
The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Wabote has asserted that the ongoing development of the Nigerian Oil and Gas Park Scheme (NOGaPS) in Odukpani, Cross River State will lead to the emergence of a vibrant oil and gas hub in the Calabar area. He said this recently…
Through its Know Your Community Initiative, Women at Risk International Foundation (WARIF) successfully sensitized 500 youths at the Makoko Community in the heart of Lagos, on the prevalence and effects of rape, sexual and gender-based violence that is a frequent occurrence in communities such as this. This program was sponsored by USAID and was in…
The Court of Appeal in Lagos through its judgement on Friday has set aside the ruling of a lower court over the matter between the Nigerian Liquefied Natural Gas, NLNG and the Nigerian Maritime Administration and Safety Agency (NIMASA). On Friday, Hon. Justice Garuba Lawal, in a judgement directed that the case between the NLNG,…
The Nigerian National Petroleum Corporation (NNPC) has warned depot owners or terminal operators not to sell Premium Motor Spirit, otherwise called petrol, above the official ex-depot price of N133.28k per litre. The Corporation also cautioned petroleum products marketers not to sell the product above N145 per litre. Ex-depot price is the ceiling at which depot owners or…
Saudi Arabia is working towards convincing Russia to stay much longer in an OPEC-led pact cutting oil supply, and Moscow may agree only to a three-month extension, three sources familiar with the matter said. Russian Energy Minister Alexander Novak told his Saudi counterpart Khalid al-Falih when the two met in Baku this month that he…
President Muhammadu Buhari has unveiled a Micro Pension Plan for people operating in the informal sector of the economy, even as he promised to halt the rot in the nation’s pension system. The President, while unveiling the pension plan on Thursday in Abuja, noted that those in the informal sector needed to be captured in…
The Nigerian Communications Commission says it has concluded arrangement for the payment of subsidy to telecommunications operators known as Infrastructure Service Providers. Executive Vice-Chairman of the NCC, Prof. Umar Danbatta, said this on Friday when he received a delegation from the United States Trade and Development Agency, according to a statement made available to our…
The Nigeria Integrated Water Resources Management Commission has issued licences to Nestle Water and Winners Power Gardens companies for water supply and hydropower construction respectively. The Executive Director, Reuben Habu, who confirmed this, said the issuance of licences to prospective applicants was another landmark, having met the conditions required by law. Habu stated that as…