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OIL AND GAS

NCDMB partnerships to yield US$360m turnover annually

The Nigerian Content Development and Monitoring Board (NCDMB) has indicated that the Board is targeting an annual turn-over of US$360m from its...

DPR hands over OML 98 to NPDC

The Department of Petroleum Resources (DPR) has officially handed over the Oil Mining Licence (OML) 98 to the Nigerian Petroleum...

NLNG gets nod to make Finima Nature Park Ramsar site

Nigeria LNG Limited (NLNG) has received a Letter of Nomination from the Federal Ministry of Environment to make Finima Nature Park, a...

“Our intervention will increase power generation by 1,200mw” – Seplat

Seplat Petroleum Development Company Plc has said the Assa North-Ohaji South (ANOH) gas and condensate processing plant in Imo State slated to...

FUPRE laments FG’s neglect, may approach National Assembly

Management of the Federal University of Petroleum Resources Effurun (FUPRE), Delta State, has said it may seek National Assembly’s assistance to address...

Nigeria’s oil output could fall 35% without reforms – Expert

Cost increases and uncertainty in Nigeria’s crucial energy sector could lead to a 35% decline in oil output over 10 years as...

Why NPA revoked LADOL’s Land Lease Agreement

Fresh facts have emerged that the Nigerian Ports Authority (NPA) revoked the land lease agreement signed with the Lagos Deep Offshore Logistics...

VANDALISM: Pipeline feeding Brass export terminal shutdown

An oil pipeline explosion in Nigeria forced the local subsidiary of Italian oil major Eni to close a pipeline feeding the Brass...

EFCC to try nine foreigners for oil theft

The Nigerian Navy has handed over seven Sri-Lankans and two Ghanaians, who were among the 66 suspected crude oil thieves arrested in...

NNPC suspends power purchase agreement for AKK project

The Nigerian National Petroleum Corporation (NNPC) has announced the suspension of the Power Purchase Agreement (PPA) for the Ajaokuta-Kaduna-Kano gas pipeline project.

Huawei launches digital oilfield IOT solution in Nigeria

Huawei has launched its fully digital oilfield IOT solution at the Nigeria International Petroleum Summit 2020. The firm, in...

NNPC, USTDA sign Grant Agreement for Abuja IPP

In a further bid to concretize the ‘Year of Gas’ mantra of the Ministry of Petroleum Resources, the Nigerian National Petroleum Corporation (NNPC) has...
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Ship operators seek approval for licensed escorts in Gulf of Guinea

Operators with interests in petroleum products shipping in sub-Saharan Africa have advocated for governments in the region to issue licenses granting armed...

Africa Refiners move to establish roadmap for clean fuels

…Set to introduce West African benchmark for petroleum products African refining operators have indicated their readiness to establish a...

OVH Energy leads discourse on the Future of Storage & Pipeline Assets

Depots and pipelines assets form part of vital downstream oil and gas infrastructure that significantly impact the efficiency of supply operations as...

Downstream Gas Investment – From Assets to markets

With increasing global emphasis on cleaner and more sustainable fuels, governments and companies around the world are investing heavily in gas processing...