Can indigenous players survive as AI, digitization takeover oil operations?
The ongoing 2019 Nigeria Annual International Conference and Exhibition of the Society of Petroleum Engineers (SPE) in Lagos, has raised serious concerns on the ability of local players to catch-up with trending innovations in the oil and gas industry. Analysts…
NNPC: Clearing pipeline corridors that carry next to nothing?
The recent announcement by the Nigerian National Petroleum Corporation (NNPC) that the Army Engineering Corps was set to demolish illegal structures erected along the Port Harcourt-Aba-Enugu-Makurdi oil pipeline corridor, has started to record mixed reactions from Nigerians. Recall that in…
Again, Kyari begins with Baru’s kind of promise on fixing refineries
Though his immediate cognate experience spanned from managing crude sales and allied department before becoming the anointed one for the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, while stepping into the shoes of former GMD,…
Baru rolls out tenure financing deals, silent on revamping refineries
Fresh detail on why the Nigerian four refineries had remained in coma since the beginning of President Muhammadu Buhari administration since 2015 has emerged from the outgoing Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru….
Ojumole Well 1 fire in Ondo State extinguished—Chevron
Chevron Nigeria Limited (CNL), operator of the joint venture (JV) between the Nigerian National Petroleum Corporation (NNPC) and CNL (NNPC/CNL JV), has confirmed that the fire at the Ojumole Well No. 1 has been safely put out. Ojumole field is…
What can Kachukwu say he achieved in office as Minister of State for Petroleum?
Whereas several industry pundits have described the regime of former Minister of State for Petroleum Resources, Dr Ibe Kachukwu in the recently dissolved cabinet of President Muhammadu Buhari, as lacking in definite portfolio and executive functions, his recent removal and…
‘Operational error, not sabotage caused pipeline explosion in Oyigbo, R’State’
Contrary to earlier speculation that the pipeline explosion that claimed eight lives Saturday in Oyigbo, near Port Harcourt, the Rivers State capital was caused by vandalism or sabotage, a top official of the Nigerian National Petroleum Corporation (NNPC), Sunday traced…
NNPC to restart oil search in Chad Basin, still mute on Gongola Basin results
At a time industry stakeholders have expressed anger on the incommunicado posture of the Nigerian National Petroleum Corporation (NNPC) over the results of its $3bn spent on oil search on Gongola Basin, the Corporation has given signal of resuming endless…
Just in: Borno State-born Mele Kolo Kyari replaces Baru as GMD of NNPC
Change of leadership baton Thursday morning emerged at the Nigerian National Petroleum Corporation (NNPC) as President Muhammadu Buhari has removed Dr Maikanti Baru and appointed Borno State trained geologist, Mr. Mele Kolo Kyari as the new Group Managing Director. Explaining…
E’Guinea to process Nigeria’s natural gas for export—Nigerian Ambassador
Whereas the key problem frustrating Nigeria’s growth in Liquefied Natural Gas (LNG) has been lack of adequate gas process infrastructure, neighbouring Equatorial Guinea with massive gas processing facilities are set to approach Nigeria for partnership. This was the revelation of…
