JFSE completes Forcados project offshore Nigeria
Global controlled flow excavation (CFE) specialist James Fisher Subsea Excavation (JFSE), part of the James Fisher & Sons PLC group, has completed its first project in Nigeria and established a base in the country.
Tools will be!-->!-->!-->…
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NNPC, 2019 Budget And Baru’s Optimism
It was not the first time the Group Managing Director of the Nigeria National Petroleum Corporation, NNPC, had been upbeat about developments in the country’s oil sector in the last three years.
But when he told senators recently that!-->!-->!-->…
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PANIC In Osogbo As Foreigner Stabs Nigerian Accountant
A Turkish national, Yalcin Oktem has allegedly stabbed one Oluwaseun Ojo, the Accountant of an Osogbo-based Slavabogu Construction Company, managed by the Turks, for not writing the prefix ‘Mr’ in front of his name on the voucher presented!-->…
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Shell Emerges Nigeria’s Most Impactful Local Content Company
Shell Companies in Nigeria have emerged the International Oil Company with the most impactful Local Content Initiatives in the upstream category at the 2019 edition of the Nigerian Oil and Gas Opportunity Fair (NOGOF) held recently in!-->…
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‘Dangote Refinery will Transform Nigeria’s Economy’
Africa’s richest man and President of Dangote Group, Alhaji Aliko Dangote, has said his refinery, one of the world largest, when completed, will transform Nigeria’s economy.
He stated this at the weekend at Dangote Group Special Day at!-->!-->!-->…
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Squeezed by US shale, Nigerian oil propped up by Asian demand
* Nigeria’s top oil grades near five-year highs - trade
* In Europe, buyers drive hard bargain for Nigerian oil
The rising tide of light U.S. shale oil has largely swept away comparable grades of Nigerian oil from American shores and!-->!-->!-->!-->!-->…
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Modular Refineries Won’t Make Petroleum Products Available Everywhere – Minister
Dr. Ibe Kachukwu, the Minister of State for Petroleum Resources, said the establishment of modular refineries might not resolve the problem of scarcity of petroleum products in Nigeria.
Kachukwu said that the Federal Government actually!-->!-->!-->…
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Forte Oil: Cost of operation reduces profits
Forte oil Plc in its audited financial statements for the year ended December 31, 2018 to the Nigerian Stock Exchange (NSE) recorded an increase in cost of operations that impacted negatively on profitability.
Despite reporting growth!-->!-->!-->…
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Group lauds Kachikwu, Baru over transformation, transparency in oil sector
A Pro-Niger Delta group, Niger Delta Oil Communities Agenda (NIDOCA), has commended Dr. Ibe Kachikwu, chairman, Board of Nigeria National Petroleum Corporation (NNPC) and Minister of State for Petroleum Resources, and Maikanti Baru, the!-->…
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IBEDC explains supply cut to Ilesha after onslaught on staff, damage to infrastructure
-By Yange Ikyaa
The Managing Director & Chief Executive Officer of Ibadan Electric Distribution Company (IBEDC), John Donnachie, has stated that due to the extensive damage done to IBEDC distribution network infrastructure,!-->!-->!-->…
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