SPDC completes sale of an interest in OML 17 The Shell Petroleum Development Company of Nigeria Limited (SPDC), has completed the sale of its 30% interest in Oil Mining Lease (OML) 17 in the Eastern Niger Delta, and associated infrastructure, to TNOG Oil and Gas Limited, a related company of Heirs Holdings Limited and […]
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COVID-19: Confirmed cases rise to 105,478 in Nigeria The confirmed cases of Coronavirus pandemic have risen to 105,478 in Nigeria, according to the Nigeria Centre for Disease Control, NCDC. It stated: “On the 14th of January 2021, 1479 new confirmed cases and 23 deaths were recorded in Nigeria. “Till date, 105478 cases have been
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MARITIME ACCIDENT: FPSO ESPOIR IVOIRIEN in fatal accident, two people died Two people have died in cargo tank of FPSO ESPOIR IVOIRIEN on Jan 14, 2021 in an accident, offshore Ivory Coast, according to FleetMon. It stated: “Two people died in cargo tank of FPSO ESPOIR IVOIRIEN on Jan 14, 2021 in
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How Bulk carrier AMAL-T has collided with another cargo ship while entering Qinzhou Port in South China Bulk carrier AMAL-T has collided with oncoming cargo ship (unidentified) while entering Qinzhou Port, South China, Gulf of Tonkin, in the evening Jan 4, 2021, according to FleetMon. It stated: “Bulk carrier loaded with 27,465 tons of manganese ore was severely damaged, sustaining hull breach
OIL ASSET: Elumelu-led Heirs Holdings acquires 45% interest in SPDC, Total, Agip’s OML 17 THE Tony Elumelu-led Heirs Holdings has acquired a 45 per cent participating interest in Oil Mining Licence, OML 17, and related assets, through TNOG Oil and Gas Limited, from the Shell Petroleum Development Company of Nigeria Limited, Total E&P Nigeria Limited, and Nigerian Agip Oil Company
How Korean cable-laying ship struck 4,000 ton barge in Singapore Strait Cable laying ship SEGERO struck barge loaded with some 4000 tons of granite, towed by Indonesia tug TB INDAH LAUT 2201 (IMO 8690863), east of Karimunbesar Island, Riau archipelago, Singapore Strait, at around 0330 LT (UTC +7) Jan 14, 2021, according to FleetMon. It stated: “Ship’s bow
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OIL & GAS EXPLORATION: Nigeria’s rig count drops by 58.8 % to 7 By Eyo Nsima The Organisation of Petroleum Exporting Countries, OPEC, has put Nigeria’s rig count, a major index of measuring oil and gas exploration and production in December 2020 at seven. This showed a drop of 58.8 per cent, when
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OPEC Daily Basket – January 14, 2020 OPEC daily basket price stood at $55.19 a barrel Thursday, 14 January 2021, compared with $55.81 the previous day https://www.opec.org/opec_web/en/press_room/6291.htm
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OPEC retains 4.4% as Global Economic Growth forecast in 2021 The Organisation of Petroleum Exporting Countries, OPEC, has retained its previous 4.4 per cent Global Economic Growth forecast for year 2021. In its January 2021 report obtained by The Daily,www.thedaily-ng.com, OPEC, stated: “Global economic growth was revised up slightly for 2020, after a better-than-expected
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OPEC puts Nigeria’s oil output at 1.174 mb/d By Eyo Nsima The Organisation of Petroleum Exporting Countries, OPEC, has put Nigeria’s oil output at 1.174 million barrels per day, mb/d. According to the organization, the oil output produced in December 2020, showed a drop of 25 percent, when compared to 1.570 mb/d produced in the corresponding period
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