Industry

By Teddy Nwanunobi Half of the Train 7 gas project (50 per cent) would be executed locally, the Nigerian Content Development and Monitoring Board (NCDMB) has said. The project, valued at almost $12 billion, includes the net cost of…
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By Teddy Nwanunobi The Pan Niger Delta Forum (PANDEF) has told the International Oil Companies (IOCs) to emulate the Nigeria Liquefied Natural Gas (NLNG) by relocating their operational headquarters to the Niger Delta. PANDEF, in a…
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By Teddy Nwanunobi The Federal Government has approved and gazetted seven content ministerial regulations, making them subsidiary legislations that can be implemented by the Nigerian Content Development and Monitoring Board (NCDMB). …
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DESPITE pressure, the Federal Government, Friday, said it would not increase the price of Premium Motor Spirit, PMS, in June 2021 in order not to disrupt ongoing engagement with labour. The Nigeria Governors’ Forum, NGF, had in their…
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The Chairman of Seplat Petroleum Development Company Plc, Dr. ABC Orjiako, yesterday assured shareholders and other stakeholders of better future performance, saying the company’s $318 million for 2020 full year remained strong and was…
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OUTRAGE yesterday greeted Wednesday’s recommendation by the Nigerian Governors’ Forum, NGF, that the pump price of petrol be N385 per litre. The governors had in their last virtual meeting on Wednesday night, made case for full…
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By Teddy Nwanunobi KBR, Inc. has been awarded the contract to support Nigeria’s future energy ambitions with Nigeria’s first ever Floating Liquefied Natural Gas (FLNG) facility, it announced in a statement on Thursday. It said…
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By Teddy Nwanunobi President Muhammadu Buhari has disclosed that French multinational integrated oil and gas company, Total, plans to expand its investments plans in Nigeria. Buhari, made the disclosure in his Twitter handle,…
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By Teddy Nwanunobi The Petroleum Technology Association of Nigeria (PETAN) has made a pledge to collaborate and invest in opportunities across the entire value chain of the oil and gas industry in Africa. This is a demonstration of…
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President Muhammadu Buhari has urged investors to explore vast opportunities for human and natural resources in Nigeria while assuring that fiscal policies would be more favourable, predictable and tilted towards creating a harmonious…
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