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Nigerian National Petroleum Corporation (NNPC) through its subsidiary Duke Oil has sealed a pact to supply 30,000 barrels per day crude oil supply to Indonesia’s state oil corp, Pertamina, and Indian Oil Corporation. The development,…
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Known as TDW, T.D. Williamson, the global solutions provider, has completed its first SmartPlug® isolation in offshore Nigeria, working for a major operator through its local partner, Strides Energy & Maritime Ltd. (Strides). …
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The effect of investment decisions being made now will be felt in about five years, NNPC’s Group General Manager for National Petroleum Investment Management Services, Bala Wunti, said at the Nigeria International Petroleum Summit as…
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President Muhammadu Buhari on Tuesday performed a virtual groundbreaking ceremony of the Nigeria Liquefied Natural Gas (NLNG) Train 7 project in Bonny Island, Rivers state with a charge that the project should be delivered on time so that…
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South Sudan is seeking to ramp up oil output and build refining capacity in an enduring effort to revive an economy that’s suffered from war and a global pandemic. Oil production accounting for nearly all government revenue has…
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The National Petroleum Corporation of Namibia (‘NAMCOR’) and Reconnaissance Energy Africa (‘ReconAfrica’) have announced the execution of a Joint Operating Agreement (‘JOA’) to develop the resource potential of the Kavango Sedimentary…
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Nigeria’s oil production growth will remain impeded in 2021 as it faces teething technical and operational issues, which are being exacerbated by the recent rise in pipeline leaks and sabotage, industry sources and analysts said June 14. …
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By Teddy Nwanunobi The Economic Commission Board (ECB), the economic and technical think-tank of the Organisation of the Petroleum Exporting Countries (OPEC), has commenced a two-day meeting on Tuesday via videoconference to conduct a…
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The Department of Petroleum Resources (DPR) has set up a programme to establish micro Liquefied Natural Gas (LNG) distribution centres across the 774 local government areas in the country. Mr Sarki Auwalu, Director, DPR, made the…
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A new report by Financial Derivatives Company Limited (FDC) has indicated that Nigeria's oil and gas industry loses as much as $15 billion in investments annually due to the delayed passage of the Petroleum Industry Bill (PIB), currently…
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