Industry News

In fulfillment of their commitments to the development of Nigerian Content in the Oil and Gas Industry, Shell Nigeria Exploration and Production Company (SNEPCo) and Cameron Flow Control Technology Nigeria Limited recently concluded on the…

By Oge Obi The different strategies and efforts so far adopted by the Nigerian National Petroleum Corporation (NNPC) to tackle fuel supply situation and the attendant scarcity that marred the last year's Christmas and New Year…

The cost of producing a barrel of crude oil from the Egina oil field by the Nigerian National Petroleum Corporation (NNPC) and Total Upstream Nigeria Limited (TUPNI) has been put at $20 per barrel. The Group Operating Officer (COO)…

By Godspower Ike Nigeria started the year 2018 with a fuel crisis which began December 2017, fuelling concerns that the crisis would persist throughout the year. However, despite the fuel supply challenges, numerous opportunities exist…

Asteven International Group, arguably the foremost indigenous renewable energy company in Nigeria, is set to launch the very first private sector financed comprehensive renewable energy and energy efficiency Centre in Nigeria – The Asteven…

…oil export dips by 2.4% in fourth quarter Nigeria crude and oil gas sales rose sharply to N1.22 trillion in 2017, according to data obtained from the Central Bank of Nigeria, CBN. The CBN, in its Economic Report for the Fourth Quarter…

THE oil market has rebalanced as Brent will reach $82.50 a barrel within six months, Goldman Sachs, a leading global investment banking, securities and investment management firm that provides a wide range of financial services said. Oil…

ACCRA, Ghana, February 13, 2018/ -- Managing staff of the Electricity Company of Ghana (ECG) made a 48-hour working visit to Côte d'Ivoire. Their aim was to draw inspiration from the economic model of Compagnie Ivoirienne…

African Infrastructure Investment Managers (AIIM) has invested in Starsight Power Utility, a Nigeria-based energy services company providing solar-diesel-battery hybrid and efficient cooling and lighting solutions to its commercial and…

The Niger Delta Power Holding Company, a firm owned by the three tiers of government, commenced the construction of a N5.53bn power transmission and transformation substation on Tuesday. The NDPHC said the station, which is being…

The engineers described their experience as second to none in the history of Nigeria oil and gas sector LAGOS, Nigeria, February 11, 2018/ -- Returnee indigenous India trained Graduate engineers of the Dangote Refinery…

Investment in water solutions is needed by the public and private sector to enable universal access, water security and resilient societies. African Utility Week will…

With the generation of power crucial to the nation’s economy, the share of it is set to rise by 20 per cent in 2035. This was made by known by the Chief Executive Officer, Seplat Petroleum Development Company, Austin Avuru…

President Muhammadu Buhari on Monday in Abuja signed Executive Order 5 to improve local content in public procurement with science, engineering and technology components. This was made known to journalists by the Senior Special Assistant…

For the financial year ended December 31, 2017, the Nigerian Ports Authority (NPA) generated N299billion.   The Authority had at the beginning of 2017 set for itself revenue target of N286billion.  Speaking at the weekend, Managing…

In fulfilment of their commitments to the development of Nigerian Content in the Oil and Gas Industry, Shell Nigeria Exploration and Production Company (SNEPCo) and Cameron Flow Control Technology Nigeria Limited recently concluded on the…

By Ndubuisi Micheal Obineme Collaboration between stakeholders has been described by the Director General, Nigerian Maritime Administration and Safety Agency, (NIMASA), Dakuku Peterside as a key to the success of the…

The Group Managing Director of the Nigerian National Petroleum Corporation (NNC), Dr. Maikanti Baru, has urged the new Board of one of its downstream subsidiary companies, the Nigerian Pipeline Storage Company (NPSC), to partner with the…

The Nigerian Maritime Administration and Safety Agency (NIMASA) has been accused of causing the loss of $15 billion due to its inactions on the implementation of the Local Content Act. Speaking with newsmen in Lagos, the President,…

The Nigerian National Petroleum Corporation, NNPC, Total Upstream Nigeria Limited, TUPNI and her partners happily announce the arrival of the Egina Floating, Production, Storage and Offloading unit (FPSO) to the shores of Nigeria from South…