PHOTOSPEAK: Dr. Omar Farouk Ibrahim Gives out Daughter in Marriage
On Saturday, August 29, 2020, Dr. Omar Farouk Ibrahim's daughter, Amina (Ammi) got married to Fuad Yusuf Ahmed. The low-key wedding which took place at Annur Juma'at Mosque, Abuja attracted close Associates, and families of the groom and!-->…
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Presidency to send PIB to National Assembly in weeks – Sylva
The Executive arm of government is to transmit to the much-anticipated Petroleum Industry Bill, PIB, to the National Assembly in a couple of weeks, according to Minister of State for Petroleum Resources, Chief Timipre Sylva.
Speaking in!-->!-->!-->…
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Lekoil seeks $100m for Ogo oilfield drilling
Nigerian energy company Lekoil Ltd needs to raise around $100 million before it can start drilling in its Ogo oilfield, its chief executive told Reuters.
Lekoil reached a deferred payment deal earlier this year to keep its stake in OML!-->!-->!-->…
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Nigeria to reduce on onshore, shallow water licences in new PIB
Nigerian authorities are “not unmindful that the industry players are of the view that the current level of taxation on onshore and shallow water operation is excessive”, Timipre Sylva, the Minister of State for Petroleum Resources, has!-->…
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Filling stations to dispense gas in vehicles from September – FG
The Ministry of Petroleum Resources has disclosed that filling stations will begin to dispense auto-gas into automobiles through selected filling stations across the country before the end of September.
The document from the ministry!-->!-->!-->…
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PIB needed in quest to reduce oil production cost — Sylva
Speaking in Abuja, Sylva also disclosed that the executive was on the verge of concluding the PIB and would be sending the bill to the national assembly within the next couple of weeks.
He said the bill was pivotal to the Federal!-->!-->!-->…
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OML 130: The Truce To Unlock $510m Gas Revenue
If there is anything the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari will be remembered for, it is his knack for resolving long-standing disputes and responding proactively to emerging!-->…
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Local Content Saves Nigeria $2bn On LNG Train 7
The pragmatic implementation of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act has saved Nigeria the sum of US$2bn in the Engineering Procurement and Construction (EPC) contract for Nigeria LNG Train 7 Project.
The!-->!-->!-->…
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IOC’s Ready To Contribute To PIB – Total MD
The Society of Petroleum Engineers, SPE, Nigeria Council has created a focal point for stakeholders at the Nigeria Energy Industry Transformation Summit, NEITS held on Tuesday, August 25, 2020. The first day of the virtual summit saw!-->…
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Lawmakers order probe into $18bn NLNG dividend
Nigerian lawmakers have instructed the country’s most senior accountant to investigate payments totalling $18 billion as dividends from Nigeria’s investment in Nigeria Liquefied Natural Gas (NLNG) between 2004 and 2019, a Senate statement!-->…
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