Volatile business terrain pushing up opex in oil, gas sector—Oilserv boss
The Managing Director and Chief Executive Officer of Oilserv Limited, an indigenous Engineering Procurement and Construction (EPC) company, Mr. Emeka Okwuosa, has given fresh insights on why upon being the Africa’s largest crude oil exporter, the cost of investing in…
8 months after, FG yet to locate any new oil, gas investment in S-South, S-East
In its August 2017 meeting hosted by the Governor of Rivers State, Nyesom Wike, the South South/South East Governors Forum called for location of investment in the oil and gas sector in the regions. in unison, all the state chief…
Cut oil contract procedure to save cost, project abandonment, ICA tells FG
The Registrar and Chief Executive Officer of the Institute of Credit Administrators (ICAs), Dr. Chris Onalo, has joined other oil and gas industry experts to call on the federal government to review the current Oil Contracting Process Policy (OCPP) which…