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Industry
Hope Alive for $2.6bn AKK Gas Pipeline Project
-By Teddy Nwanunobi
On Thursday, April 8, the Nigerian Railway Corporation (NRC) began the haulage of line pipes from Warri, Delta State in Southern Nigeria to Itakpe, Kogi State in North-Central Nigeria. That was a “major boost in the!-->!-->!-->…
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Refineries Repair: Post Rehab Operations, Ownership Raise Concerns
-By Gideon Osaka
What would become of the refineries, in terms of operation, ownership and maintenance, after the completion of the ongoing rehabilitation has become a major concern, and raised issues in the public burner?
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Sylva Wants Nigeria’s Huge Gas Reserves Unlocked
By Teddy Nwanunobi
The Minister of State for Petroleum Resources, Chief Timipre Sylva, has expressed his desire to have Nigeria’s huge gas reserves unlocked, saying that Nigeria must be deliberate about gas exploration and utilisation!-->!-->!-->…
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Bitumen: Nigeria’s Reserves Hit 42bn Barrels – Minister
By Teddy Nwanunobi
The Minister of Science and Technology, Dr. Ogbonnaya Onu, has revealed that Nigeria’s bitumen reserves have grown to about 42 billion barrels.
Onu, who declared that out of the reserves, 43 industrial chemicals,!-->!-->!-->!-->!-->…
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Nigeria, 6 Others Lead Gas Flaring, Account for 65% – W/Bank
By Teddy Nwanunobi
Nigeria, Russia, Iraq, Iran, the United States, Algeria and Venezuela have remained the top seven gas flaring countries for nine years running, since the first satellite was launched in 2012, according to a satellite!-->!-->!-->…
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NLNG Train 7: SAIPEM Accused of Sabotaging Nigerian Content
NCDMB can’t advocate for 100% local content now – Wabote
-By Teddy Nwanunobi
A Milan-based company, Saipem, has been alleged to be sabotaging the Nigerian Local Content (NLC) Act in the construction of the $7 billion Nigerian!-->!-->!-->!-->!-->…
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Nigeria’s March Rig Count Diminishes by One
-By Fred Ojiegbe
Nigeria’s rig count for the month of March witnessed reduction by one, having recorded six as against seven recorded in February, data from the Organisation of Petroleum Exporting Countries (OPEC) Monthly Oil Market!-->!-->!-->…
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OML 141: ADM Energy Completes Barracuda Field Transaction
By Teddy Nwanunobi
ADM Energy has completed its acquisition of a controlling interest in a Risk Sharing Agreement for the development of the large-scale Barracuda field in OML 141, it announced on Wednesday.
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Total, Siemens Energy Target LNG-related Emissions Reduction
By Teddy Nwanunobi
Total has signed a Technical Collaboration Agreement (TCA) with Siemens Energy to study sustainable solutions for CO2 emissions reduction.
The collaboration will focus on natural gas liquefaction!-->!-->!-->!-->!-->…
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OML 143: FG Confident on New Gas Deal Prospect
By Teddy Nwanunobi
The Federal Government has expressed confidence that Nigeria’s economy would reap so much value from the new deal the Nigerian National Petroleum Corporation (NNPC) entered into with its partner, Sterling Oil!-->!-->!-->…
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