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Industry
How BPP Settled Controversy Surrounding AKK Gas Project
-By Gideon Osaka
The dust raised concerning the Ajaokuta, Kaduna, Kano (AKK) gas pipeline project has finally been put to rest following the clarification from the Bureau of Public Procurement (BPP).
Prior to the clarification by!-->!-->!-->!-->!-->…
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Nigeria’s Rig Count Rises by 2, as OPEC Records Minus 15
-By Fred Ojiegbe
Nigeria made an impressive plus two record, in its rig count in August, having posted eight, as against six posted in July, at a time the Organisation of Petroleum Exporting Countries, OPEC recorded a dismal minus 15,!-->!-->!-->…
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Five tech teams win NCDMB’s $50,000
Five innovative teams were at the weekend selected as the winners of the Nigerian Oil and Gas Technology (NOGTECH) Hackathon sponsored by the Nigerian Content Development and Monitoring Board (NCDMB).
The teams are Fuel Intellisense,!-->!-->!-->…
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4 years of Bobboi’s purposeful leadership at PEF
It is four years since Alhaji Ahmed A. Bobboi, the Executive Secretary of the Petroleum Equalisation Fund (Management) Board took over the baton of leadership at the agency, saddled with the responsibility of reimbursing petroleum!-->…
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NNPC Seals Pact With Firm To Unlock $500m Gas Revenue For Nigeria
The Nigerian National Petroleum Corporation in a bid to unlock the over $500m revenue gas market, has entered into collaboration with Sterling Oil Exploration and Energy Production Company Limited.
The agreement was sealed on Friday at!-->!-->!-->…
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Local content: NNPC advocates capacity upgrade for indigenous operators
In order to achieve the target of reducing the cost of oil production in Nigeria on a sustainable basis, the Nigerian National Petroleum Corporation, NNPC says indigenous companies operating in the nation’s oil and gas industry must!-->…
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Siemens wins Nigeria LNG BOG compressor order
Nigeria LNG (NLNG) has selected Siemens Energy to provide a cryogenic boil-off gas (BOG) compression train for its Bonny Island liquefaction plant in Finima, Nigeria, Siemens reported Wednesday.
“With more than 20 years of safe and!-->!-->!-->…
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FG Committed To Elimination Of Gas Flaring By 2023, Says Sylva
Minister of State for Petroleum Resources, Chief Timipre Sylva, says the Federal Government is committed to ensuring the elimination of gas flaring from Nigeria’s oil and gas fields within the next three years.
Sylva said that the move!-->!-->!-->…
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More Gas Flared than Supplied to Industries in One Year – NNPC
The Nigerian National Petroleum Corporation (NNPC) has disclosed that between July 2019 and July 2020, Nigeria flared more gas than it supplied to its domestic industries, averaging about 600.38 million standard feet per day (mmscf/d).
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Buhari agrees on PIB, forwards to Senate for approval
The pressure is back on Nigeria’s legislative chamber as Reuters is reporting president Muhammadu Buhari has signed the long-awaited Petroleum Industry Governance Bill (PIGB) which will be presented in the Senate as early as next!-->…
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