Four major projects being developed by investors in partnership with the Nigerian Content Development and Monitoring Board (NCDMB) would be completed before the end of 2021, the Executive Secretary NCDMB, Engr. Simbi Kesiye Wabote has disclosed. The projects include the Rungas facility in Polaku, Bayelsa State that would manufacture 400,000 units of Composite LPG Cylinders…
…Stakeholders raise concerns over the continent’s clean energy outlook Gas is seen as the energy of the future and Nigeria has over 200 Trillion Cubic Feet (TCF) of proven gas reserves and over 600TCF of unproven gas reserves, which if properly harnessed will keep the country relevant in the energy space as the world transits…
In just a little over a week, Africa’s elite interests in downstream oil and gas will converge for the 15th Oil Trading and Logistics (OTL) Africa Downstream Week at Oriental Hotel in Lagos Nigeria. This edition takes place from 26 to 27 October 2021 (continues till 29th virtually) with the theme “Downstream in Transition – Getting Set”,…
Eni and Fincantieri have signed a Memorandum of Understanding (MoU) to establish a partnership for promoting initiatives focused on the energy transition. The aim is to create a system of integrated solutions for decarbonization projects in the fields of energy, transport and the circular economy, a release by Eni has said. Eni and Fincantieri have…
The Department of Petroleum Resources, the Petroleum Products Pricing Regulatory Agency and the Petroleum Equalisation Fund are all officially scrapped and do not exist anymore, the Federal Government said on Monday, October 18, 2021. It also said while workers of the three agencies would be protected, their chief executives had been relieved of their various…
R-L: Managing Director, Nigeria LNG Limited, Dr. Philip Mshelbila; Managind Director, Shell Nigeria Gas and President, Nigeria Gas Association, Mr. Ed Ubong; Managing Director, Shell Nigeria Exploration and Production Company Limited, Mrs. Elohor Aiboni; and Chief Energising Officer, Consistent Energy Limited, Mr. Segun Adaju, at the panel session on _Future of Clean Energy Transition and…
London, UK, – Remote Medical International has acquired HSE Offshore as part of its strategic initiative to expand its oil & gas offshore medical capabilities. As a global medical services provider, Remote Medical International has recognised the need to continue growing its business and operational capabilities in Europe and Africa, to get closer to customers…
By Ayobami Adedinni The Nigerian National Petroleum Corporation (NNPC) is set to list on the floors of the Nigerian Stock Exchange, (NSE) in order to fund its new projects which include the NNPC/NAOC JV Idu-Re-development, South Gas Project, North Gas Project and Central Gas Project. Maikanti Baru, group managing director of the corporation, made this…
Ahmadu-Kida Musa, deputy managing director, Deep Water, Total Upstream Nigeria Ltd., yesterday in Abuja, said the country must put in place sustainable Production Sharing Contract (PSC), and gas terms to drive continued investment in the nation’s deep offshore oil and gas sector. Speaking at the Nigerian Content seminar, as part of the ongoing Nigeria Oil…
Viper Innovations, a UK company specializing in maximizing the operational life of subsea controls and electrical distribution equipment, has appointed a new distributor to improve its service offering and share of the Nigerian offshore oil and gas market. Royal Niger Emerging Technologies Ltd, which is based in Port Harcourt, has more than 5 years’ experience…
