Industry

By Teddy Nwanunobi San Leon Energy, a Nigeria-focused oil and gas exploration, development and production company, on Friday, said that its investee company, Decklar Resources, has contracted a drilling rig for re-entry and testing…
Read More...

By Teddy Nwanunobi Haulage of line pipes from Warri, Delta State in Southern Nigeria to Itakpe, Kogi State in North-Central Nigeria has begun by the Nigerian Railway Corporation (NRC), the Nigerian National Petroleum Corporation…
Read More...

By Teddy Nwanunobi Nigeria is expected to receive over 98.44 oil and gas projects (over 23 per cent) from a total of 428 new projects that are billed to start operations from 2021 to 2025, a new report by GlobaData, a leading research…
Read More...

…Impressed with Nigeria’s increasing local manufacturing capacity Honourable Minister of State For Petroleum Resources, Timipre Sylva, on Thursday, inspected the site of the ongoing Nigerian Oil and Gas Park Scheme, NOGAPS, at Emeyal,…
Read More...

By Teddy Nwanunobi Nigeria’s gas operators have set their eyes on the nation’s $32 billion pension fund, urging the National Pension Commission (PENCOM) to make the money available for the execution of critical infrastructure…
Read More...

By Teddy Nwanunobi The Federal Government targets to sign the contracts for the rehabilitation of the Warri and Kaduna refineries in June. Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele…
Read More...

By Teddy Nwanunobi Seplat Petroleum Development Company (SPDC), a leading upstream oil company in Nigeria, has blamed the loss of N41.1 billion ($114.4 million) it suffered from its interest in OML 55 on “significant fall in oil…
Read More...

By Teddy Nwanunobi Low investment will affect Nigeria’s crude oil capacity, according to an International Energy Agency (IEA), which forecasts that it would drop by 200,000 barrels per day (bpd) to 1.6 million bpd (mbpd) in 2026 due to…
Read More...

The Nigerian Ports Authority (NPA) and the Nigerian Liquefied Natural Gas Limited (NLNG) have commenced moves to reduce carbon dioxide emission, and embrace the use of cleaner and safer sources of energy. Speaking at the just concluded…
Read More...

By Teddy Nwanunobi The duo of the Nigerian National Petroleum Corporation (NNPC) and Maire Tecnimont have signed a $1.5 billion contract to repair the Port Harcourt Refinery. The contract is expected to run in three phases of 18…
Read More...