Industry

-By Saidu Abubakar The Nigerian Content Development and Monitoring Board (NCDMB) is set to host the 2021 edition of its Nigerian Oil and Gas Opportunity Fair (NOGOF) from the 25 to 26 of May 2021. The event, themed “Leveraging…
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By Teddy Nwanunobi The Sub-Saharan Africa International Petroleum Exhibition and Conference (SAIPEC) is a replication of the Offshore Technology Conference (OTC) in the African continent, Founder of Petroleum Technology Association of…
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By Teddy Nwanunobi Newly installed Chief Executive Officer (CEO) of Heirs Oil & Gas, Mr. Osayande Igiehon, has resumed office with a promise to use his wealth of experience in the industry to put the company on a sound pedestal…
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By Teddy Nwanunobi Nigeria’s oil production has fallen by 30 per cent in the last four years, from 2.041 million barrels per day (mbpd) in 2017 to 1.423mbpd in 2020. The figure, however, excludes the 2020 condensate production,…
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By Teddy Nwanunobi The duo of the Nigerian National Petroleum Corporation (NNPC) and Nigerian Agip Oil Company (NAOC) lost 400,000 barrels of crude oil in February due to the outbreak of the Coronavirus (COVID-19) Pandemic at Abo…
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By Teddy Nwanunobi The Nigeria Union of Petroleum and Natural Gas (NUPENG) has thrown its weight against the removal of fuel subsidy, saying that it is going to be highly suicidal, if it would be removed. This was even as it…
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By Teddy Nwanunobi The Department of Petroleum Resources (DPR) has pledged support to the hitch-free completion of Nigeria’s first floating Liquefied Natural Gas (LNG) production plant. The DPR Director, Engr. Sarki Auwalu, gave the…
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The Nigerian National Petroleum Corporation (NNPC) and its partner, Nigerian Agip Oil Company (NAOC) lost 400,000 barrels of crude oil in February due to the outbreak of the COVID-19 pandemic at Abo terminal, an offshore oil facility in…
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By Teddy Nwanunobi The Nigeria Extractive Industries Transparency Initiative (NEITI) has revealed that it was working to unearth the original owners of oilfields and other mining assets across the country. NEITI, in a statement…
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By Teddy NwanunobiAn indigenous oil and gas company, UTM Offshore, has commenced the development of its 176 million cubic feet per day (mcfpd) Liquefied Natural Gas (LNG) floating plant with the Pre-Front End Engineering Design (Pre-FEED)…
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