Business Hilights

Tracking Nigeria's Headline Business News Online

Turnaround Maintenance (TAM)

As Baru exits without answer for refineries, can Kyari change the narrative?

First, he (outgoing GMD of Nigerian National Petroleum Corporation, NNPC, Dr Maikanti Baru) started in 2016, by telling Nigerians that his leadership will carry out Turnaround maintenance (TAM) that will jump the installed capacities of all four refineries to highest…

FG ambushes Dangote refinery, shifts revival of all 4 refineries to 2020

Twist has again, occurred in the federal government’s plan to revive all four national oil refineries as the Minister of State for Petroleum, Dr Ibe Kachukwu, yesterday in Cape Town, South Africa, gave a rather new date of 2020 as…

‘Extending crude-for-product swaps to 2019 means refineries won’t work again’

Leading industry pundits have started reading strong meanings to the recent announcement by the Nigerian National Petroleum Corporation (NNPC) that it has extended its crude-for-product swap contracts until June 2019. Over a long time now, the swap deal had been…

Deep-rooted corruption in running refineries’ll smoke any fund for TAM—MOMAN

Major Oil Marketers Association of Nigeria (MOMAN), a body consisting of leading players in the oil and gas sector, has revealed that the billions of dollars being regularly pumped into the rehabilitation and turnaround maintenance (TAM) of all four refineries…

SNEPCo hails indigenous contractors on successful FPSO TAM

Shell Nigeria Exploration and Production Company (SNEPCo) has confessed the merits of Nigerian local content policy in the oil and gas sector following the use of local contractors to successfully complete Turnaround Maintenance (TAM) on its deep-offshore Floating, Production, Storage…