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–By Yange Ikyaa The Federal Government of Nigeria recently announced its first bid round inviting willing parties to participate in the Nigerian Gas Flare Commercialization Programme (NGFCP). In the bid offers, the Nigerian…
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–By Gideon Osaka ndigenous oil producers now have opportunities to make inroads into Nigeria’s upstream oil production, hitherto dominated by the International Oil Companies, IOCs, with their participation in the marginal oil fields. …
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“Those who deliver need new opportunities to handle new projects” –By Yange Ikyaa ccording to Ahmadu Kida-Musa, who is the Deputy Managing Director, Deep Water District for Total, his company’s Floating Production, Storage and…
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Oil theft, opaqueness of the Nigerian oil industry may be a thing of the past if indications that the Federal Government has started the process of tracking the country’s oil output, are anything to go by. –By Gideon Osaka Early…
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Leaving no stone unturned, the Nigerian government has finally set a broad based agenda to provide institutional support to 100 indigenous oil and gas service providers, with NCDMB driving the process to the next level, and in line with…
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Seplat Petroleum Development Company, a Nigerian indigenous oil and gas company, has announced its full financial results for 2018 and provided an operational update Commenting on the results Austin Avuru, Seplat’s CEO, said, “Seplat…
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The Lagos Chamber of Commerce and Industry, LCCI, yesterday called on the federal government to reduce the burden of excessive taxation on oil and gas investment in the country. The President of LCCI, Mr. Babatunde Ruwase made this…
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Nigerian Content Development and Monitoring Board will be hosting its 2019 Nigerian Oil and Gas Opportunity Fair (NOGOF) in Yenagoa, Bayelsa State. This fair is NCDMB’s 2nd biennial fair, its first was held in 2017. NOGOF 2019…
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Nigeria, in January and February, imported a total of 986, 492 metric tonnes of petroleum products representing 1,387,410,984.2 litres of fuel, data from the Nigerian Ports Authority Shipping Position revealed. Frozen fish topped the…
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The Director, Weights and Measures Department, Federal Ministry of Industry, Trade and Investment, Mr. Mohammed Sidi says that oil dealers have been cheating Nigerians of N198,500 per truck sold. Sidi said in Abuja on Wednesday during…
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