Business Hilights

Tracking Nigeria's Headline Business News Online

Total Upstream Nigeria Limited

NPA receives Egina FPSO, assures enabling environment for Oil & Gas sector

The Managing Director of the Nigerian Ports Authority (NPA), Hadiza Bala Usman on Wednesday, officially unveiled the safe arrival of the Egina FPSO at Lagos Harbour after a long ninety-day voyage from the Samsung Shipyard Heavy Industry Goeje, South Korea….

Total defends $16bn Egina FPSO, assures production from Q4 2018

Contrary to objections by the National Assembly that the total cost of Total Upstream Nigeria Limited’s (TUPNI), Egina Floating, Production, Storage and Offloading unit (FPSO), the company has argued that the rising cost differentials’ between 2003 and now are due…

Excitement rages in oil industry as Egina FPSO arrives this month

Feelers from Samsung Facility in South Korea have shown that all is set for homeward journey of the new Egina FPSO fabricated for the advancement of deep-sea exploration activities in Nigeria. Samsung Heavy Industries of Korea recently said it had…