Industry

The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr Simbi Kesiye Wabote has revealed that major international operating oil and gas companies, notably Shell Petroleum Development Company (SPDC) and…
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As the outgoing Secretary General of the Organisation of Petroleum Exporting Countries, OPEC continues his farewell interactions with stakeholders, His Excellency Dr. Mohammad Sanusi Barkindo has written a letter to the Executive…
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Ahead of the full implementation of its Refinery Project in Port Harcourt Rivers State, African Refineries Port Harcourt Limited (ARPHL) has announced the award of Phase One contract for the colocation of a Greenfield Refinery to…
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Morocco is planning to build nearly 1,672km of pipeline for natural gas from Nigeria, as part of the wider Nigeria-Morocco Gas Pipeline Project (NMGP). Estimated to cost $25billion, the NMGP project will be built to link Nigeria…
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Timipre Sylva By Adeniyi Onifade One hundred and sixty one (161) successful marginal fields bidders have on Tuesday been awarded Petroleum Prospecting Licenses (PPL) by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). …
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The Federal Governme may have raked in at least N2tn from the 2020/2021 marginal oil field bid rounds. In the Nigerian context, marginal fields include fields with reported reserves and production potential, which are however deemed…
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The Nigerian National Petroleum Company Ltd has paid an initial amount of $1bn for its stake in Dangote Oil Refining Company reports say. The payment, which was confirmed by a top official of the NNPC on Sunday in Abuja, effectively…
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The Nigerian Government has lamented the rise in crude oil theft which has affected its crude oil production so far this year and says it is committed to meeting its quota by August. This was disclosed by Nigeria’s Minister of state…
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The Nigerian Content Development and Monitoring Board (NCDMB), has concluded arrangements to commence the disbursement of $40million Women In Energy Fund in the country. Engr. Simbi Kesiye Wabote, the Executive Secretary of NCDMB,…
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