Seplat half-year results show success story that kept delivering
Rising from the clear excellent results for the first half of 2023 that Seplat has put its recent travails behind, delivering against its strategy despite the distractions faced as a handful of shareholders orchestrated jumped-up allegations against the company and…
NCDMB sensitizes Bench, Bar on Nigerian Content in Rivers
In view of sustaining awareness on the Nigerian Oil and Gas Industry Content Development (NOGICD) Act among critical stakeholders in the oil and gas industry, the Nigerian Content Development and Monitoring Board (NCDMB) held a one-day sensitisation workshop for members…
TotalEnergies hits 11.1% y/y growth in Q2-23 standalone EPS
TotalEnergies Marketing Nigeria Plc (TOTAL) published its Q2-23 unaudited financials yesterday (27 July), reporting an 11.1% y/y growth in Q2-23 standalone EPS to NGN13.62/s (Q2-22: NGN12.26/s), supported primarily by the 25.1% y/y growth in revenue. Accordingly, the H1-23 EPS came…
‘Over 30,000 skilled Nigerians work with expatriates in Dangote Refinery’
The Management of Dangote Refinery has debunked a report published on the online platforms of some media organisations that the company employed 11,000 skilled workers from India while allegedly neglecting youths from Nigeria and other African countries. In his response,…
Steady light coming to Abia soon—Geometric Power Chief
Former Minister of Power and chairman, Geometric Power Plant in Alaoji, Abia State, Professor Bartholomew Nnaji has assured that with the level of support coming from the Governor of Abia State, Dr. Alex Otti, the dream of Abia experiencing steady…
Just in: Seplat CEO, Brown to lead speakers on Gas Forum segment at AOW in SA
Leading energy technocrat and chief executive officer (CEO) of Seplat Energy, Roger Brown is set to drive the new feature in the annual Africa Oil Week (AOW), called ‘The Gas Forum’. Details gathered by Business Hilights showed that the full…
NCDMB assures investors on Construction of Ondo Oil and Gas Park soon
Construction of a low-cost manufacturing hub for equipment components and spare parts used in the oil and gas industry will start in Ondo State soonest, according to the Nigerian Content Development and Monitoring Board (NCDMB). Located at Ilaje, Ilaje Local…
Marketers raise pumps as fuel price hits N617/litre
The pump price of Premium Motor Spirit, popularly called petrol, was raised from N537/litre to N617/litre at some filling stations operated by the Nigerian National Petroleum Company Limited in Abuja on Tuesday. Independent oil marketers confirmed the increase in the…
NCDMB To Implement Report On In-Country Manufacturing—ES
The Nigerian Content Development and Monitoring Board (NCDMB) will soon issue policy directives on in-country manufacturing capabilities of pumps, flanges, valves, and other major equipment categories utilised in different streams of the oil and gas industry, which constitute a huge…
Successes in Nigeria’s Upstream oil sector’ll drive FDI—Seplat CEO
There is a severe need for funding in the upstream and midstream segment of the energy sector in Nigeria, and relevant success stories from the country will facilitate these investments, the Chief Executive Officer, Seplat Energy Plc, Mr. Roger Brown,…
