$10b NLGN Train 7 project to push up gas production
The Train 7 project of the Nigerian Liquified Natural Gas (NLNG) will raise gas production by 35 per cent and create, at least, 42,000 jobs.
With a five-year completion timeline, the project will cost $10 billion.
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NNPC to supply oil to Indonesia, subsidiary eyes $70m profit
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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NNPC, NCDMB Partner For N10.5bn Brass Terminal
The Nigerian Content Development and Monitoring Board (NCDMB), the Nigerian National Petroleum Corporation and ZED Energy Limited have signed shareholders agreement on the construction of N10.5 billion Brass Petroleum Products Terminal!-->…
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NNPC To Supply Oil To Indonesia, Subsidiary Eyes $70m Profit
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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T.D. Williamson performs first SmartPlug isolation in offshore Nigeria
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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Lack of investment could push crude price to $200 a barrel –Wunti
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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Buhari Performs Groundbreaking For NLNG Train 7, Urges Timely Implementation Of Project
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 still trying to raise oil production, refining
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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NAMCOR and ReconAfrica sign JOA to develop Kavango basin in Namibia
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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Persistent operational issues delay Nigerian oil output growth
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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