Industry

By Adaobi Rhema Oguejiofor The Nigerian National Petroleum Company (NNPC) Limited has said that Nigeria is going to save about N367.2 billion on an annual basis by locally refining crude oil into finished petroleum products. Mele…
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Adaobi Rhema Oguejiofor The Nigerian Content Development and Monitoring Board (NCDMB) has signed a Memorandum of Understanding (MoU) with the National Local Content Monitoring Agency (NLCMA) of Senegal on strengthening local content…
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By Adaobi Rhema Oguejiofor Abdullahi Sule, the Governor of Nasarawa State, has said that the preliminary findings by the Nigerian National Petroleum Company (NNPC) Limited have revealed that there is crude oil present in the…
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Adaobi Rhema Oguejiofor A Floating Production, Storage, and Offloading (FPSO) vessel operating within the Bonga oil field, which is also Nigeria's first deep-water exploration and production vessel, has hit a 1-billion-barrel oil…
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Shell Nigeria Exploration and Production Company (SNEPCo) has won the 2023 Oil and Gas Trainers Association of Nigeria (OGTAN) National Award of Excellence for Human Capacity Development in the Oil and Gas Industry. The award comes…
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Speaker of the House of Representatives, Femi Gbajabiamila, on Tuesday, attributed the current hardship occasioned by the naira and fuel scarcity to the activities of saboteurs. Gbajabiamila stated this during the launching of the…
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The Nigerian Content Development and Monitoring Board (NCDMB) is in the process of completing nine gas processing projects in collaboration with the Nigerian National Petroleum Company Limited and the eight other private firms. The…
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Nigeria’s first deep-water exploration and production vessel, Bonga, hit a 1-billion-barrel oil export mark on Monday. This milestone is coming three months after a major turnaround maintenance (TAM) of the facility was completed ahead…
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By Yange Ikyaa Although Nigeria remains Africa’s largest economy, oil producer and the most populous country on the continent, with over 200 million inhabitants, Algeria has beaten the West African nation on the basis of rig count…
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By Yange Ikyaa Nigeria’s rig count, an important measure of upstream activities in the oil and gas industry, went up 15.2 per cent year-on-year (YoY) to 114 in 2022, increasing from 99 in the previous year. This is according to…
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