Tag: Nigeria Oil and Gas
Fuel Scarcity Heightens: Kachikwu In Lagos, Tenders Apology
The minister of state for petroleum resources, Ibe Kachikwu, has assured Nigerians that the current fuel scarcity will not roll over to the yuletide,...
Falling Gas Production, Experts Faults Regulations
Poor legal framework or lack of it has been blamed as the major imbroglio mitigating Gas development in Nigeria despite its 9th position in...
Oando Plans $350 Million Gas Processing Plant
Nigeria's Oando plans to build a gas plant for up to $350 million as it focuses on integrating gas production with its supply business,...
Lekoil at ADIPEC: Indigenous Companies Can Attract Capital from the Middle...
Olalekan (“Lekan”) Akinyanmi is the Chief Executive Officer of AIM –listed Lekoil (LON:LEK). He has over 20 years’ experience in the oil and gas...
Seven Energy Seals $200m World Bank Gas Financing Deal
Independent integrated oil and gas development, production and gas distribution company, Seven Energy, has concluded a $200 million gas development deal with the World...
Oando Slashes Upstream Debt
…secures fresh $91M loan
Oando Energy Resources (OER), the upstream subsidiary of Oando PLC, has announced the repayment of its $100 Million African Export-Import Bank...
Under New MOU, Shell, NLNG Provide N3bn For Bonny Development
Under a new memorandum of understanding, MoU, signed by the Nigerian LNG Limited, NLNG, and the Shell Petroleum Development Company of Nigeria, SPDC, with...
Nigerian Govt to Release First Tranche Of $10m For Ogoni Clean-Up
…As stakeholders lament delay, call for review of NOSDRA Act
The Federal Government has announced plans to release the first tranche of $10million to begin...
Shell Lifts Force Majure on Bonny Light Exports
THE Shell Petroleum Development Company of Nigeria Limited (SPDC) has lifted the force majure on its Bonny Light grade, thereby recovering about 320,000 barrels...
Richardson Oil & Gas Restates Commitment to Work Safety
Richardson Oil and Gas Limited has restated its commitment to ensure safety in work places through provision of integrated Health, Safety, Security and Environmental...
Total Organizes HSE Workshop for Contractors
By Jolly Adjevwe, Port Harcourt
In line with its resolved to ensure safety at workplace, Total E & P Nigeria Limited has organized Health Safety...
Total Blames Rivers Oil Spill On Sabotage
By Jolly Adjevwe – Port Harcourt
Total exploration and production Nigeria Limited has blamed the oil spill discovered on its Obagi-Rumuekpe export line on sabotage.
The...
INTELS Unveils Projects In Port Harcourt
By Jolly Adjevwe – Port Harcourt
As part of its corporate social responsibility to community in its area operation, the Orlean Invest Africa Limited, the...
Oil Tankers Slam Prohibitive Rates To Lift Nigeria’s Crude
By Pita Ochai
Nigeria’s latest effort to combat theft could imperil its oil income lifeline, compounding the damage the crude price fall has done to...
Nigerian Content: Oil industry no longer exporting jobs, spend-Kentebe
…$300m FPSO facility to be completed at LADOL in 2017
Successes recorded in the implementation of Nigerian Content Act in the last five years have...
RGU to outline energy career pathways at Nigeria and Ghana events
Robert Gordon University (RGU) will host a series of energy and engineering focused seminars in Ghana and Nigeria for prospective students keen to develop...
Pipeline Vandals Kill 10 SSS Operatives In Ikorodu, Lagos
Pipeline vandals at the Arepo area of Ogun State, yesterday allegedly killed ten operatives of the Department of State Services (DSS) in what was...
Exxonmobil Begins Oil Production at Erha North Phase 2
…Saves $400m with 65,000 bpd increase
Exxon Mobil Corporation has announced that its subsidiary, Esso Exploration and Production Nigeria Limited, has started oil production ahead...
Lekoil Achieves First Oil from Otakikpo in Niger Delta
Lekoil announced Monday this week the start of oil production from the Otakikpo Marginal Field in OML 11, which is located on the shore...
Oriental Takes the Reins at Ebok Offshore Nigeria
Oriental Energy Resources and Afren have concluded a transition plan for the shallow-water Ebok field offshore Nigeria.
Following Afren’s announcement of insolvency at the end of July, Oriental will take...
