Wabote explains role of NCCF as industry chiefs hail NCDMB Feats
Indigenous operators and service companies in the oil and gas industry have been advised to identify with appropriate Sectoral Working Groups under the Nigerian Content Consultative Forum (NCCF) to be able to receive adequate attention on operational difficulties of whatever…
Depot Owners hike fuel to N220 after buying N148/litre from NNPC—IPMAN
Petrol marketers have issued a seven-day ultimatum to the Federal Government, threatening to abandon private depots if the government fails to intervene to end price disparity. The Chairman, Independent Petroleum Marketers Association of Nigeria, Satellite depot, who also represents the…
FG hits remediation of 635 hectares of contaminated Ogoni shorelines
The Federal Government Wednesday revealed that it had achieved remediation of 635 hectares of contaminated shorelines covering about 2,196 intertidal in Ogoniland, Rivers State. The Minister of Environment, Mr Mohammed Abdullahi, spoke at a “Scorecard, PMB-Administration” event, organised by the…
Nigerian content hits 54% in 2022 as NCDMB harps on compliance
Mid-way into a 10-year Strategic Road Map for enhanced indigenous participation and utilisation of local assets in oil and gas operations, industry regulator Nigerian Content Development and Monitoring Board (NCDMB) has recorded a 54 per cent Nigerian content level in…
NCDMB’s PNC Kicks off in Golfing Style
Golf was at its most entertaining on Monday at the Ibom Hotel and Golf Resort as industry captains of Nigeria’s oil and gas sector switched into play mode, hitting pitch shots the way only professionals do. Also there in the…
How Technology boosts oil and gas trading , by Flagship Energy
Riding on the pedestal of the newly inaugurated Petroleum Industry Act (PIA) local Oil and gas traders/operators have been advised to leverage technology if they truly desire to join the global oil and gas community. This position was canvassed at…
Seplat Energy earns rare ISO 55001:2014 Asset Management System Certification
Seplat Energy Plc., a leading Nigerian independent Energy Company listed on both the Nigerian Exchange Limited and the London Stock Exchange, has announced that it has successfully obtained the ISO 55001:2014 Standard Asset Management System certification, becoming the first energy…
Geregu Power Plc, FEDA in Talks for partial Acquisition
Leading power generating (Genco) firm, Geregu Power Plc and Fund for Export Development in Africa (FEDA) have begun talks for the acquisition of a portion of the local power generating company. Recall that Geregu Power remains the first power company…
NNPC/CNL Joint Venture secures $1.4bn for infill drilling scheme
Leading exploration giant, Chevron Nigeria Limited (CNL), operator of the joint venture between the Nigerian National Petroleum Corporation (NNPC) and CNL (NNPC/CNL JV) confirms that $1.4 Billion financing has been secured to fund the NNPC/CNL JV infill drilling program (Project)…
NNPC/Chevron JV secures $1.4bn funding for Kolmani field Exploration
Less than two weeks after the recent presidential flag off of the Kolmani drilling, the Nigerian National Petroleum Company Limited (NNPC) has sealed a $1.4 billion external project finance agreement jointly arranged by Standard Chartered Bank UK and the United…
