Oil & Gas

FG Reiterates Commitment to Utilise Gas for Economic Growth, Prosperity

FG Reiterates Commitment to Utilise Gas for Economic Growth, Prosperity    …As Tinubu Lauds NNPC Ltd, Partners Over Three Commissioned Gas Projects In line with its renewed hope agenda, the Federal Government has reiterated its determination to utilize Nigeria’s abundant gas resources towards revamping the nation’s industrial growth and kickstarting its economic prosperity.  President Bola […]

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NCDMB Co-Chair, Ekpo Meets Exec Sec, Pledges Support for Local Content Programmes

NCDMB Co-Chair, Ekpo Meets Exec Sec, Pledges Support for Local Content Programmes   The Co-Chair of the Governing Council of the Nigerian Content Development and Monitoring Board (NCDMB) and Minister of State for Petroleum Resources (Gas), Hon. Ekperikpe Ekpo on Thursday in Abuja received in audience the Executive Secretary of NCDMB, Engr. Felix Omatsola Ogbe.

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OTC 2024: SOLVEPETRO Offshore Energy & Development Company Limited to showcase Artificial Intelligence Solutions

OTC 2024: SOLVEPETRO Offshore Energy & Development Company Limited to showcase Artificial Intelligence Solutions   SOLVEPETRO Offshore Energy & Development Company Limited, an indigenous Oil and Gas Services and Development Company, has concluded plans to showcase Artificial Intelligence Solutions, with its OEM Sparkcognition Inc at the 2024 Offshore Technology Conference, OTC in Houston, Texas, USA

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OTC 2024: Nigeria, others to discuss regional investment opportunities, collaboration

OTC 2024: Nigeria, others to discuss regional investment opportunities, collaboration   *New House International leads SME trade delegation By Eyo Nsima African oil and gas executives and Small Medium Enterprises (SMEs) operators are set to discuss opportunities and collaborations for investment in the industry at the 2024 Offshore Technology Conference (OTC) in Houston, Texas, USA.

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Trident Energy’s Republic of Congo Oil Field Acquisition Lauded as Significant Step Forward

Trident Energy’s Republic of Congo Oil Field Acquisition Lauded as Significant Step Forward   Oil and gas company Trident Energy has secured agreements with multinational energy companies Chevron and TotalEnergies to obtain stakes in the Republic of Congo’s oil fields. The deal with Chevron involves acquiring Chevron Overseas (Congo), granting Trident access to key oil

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Avalon Policy Dilogue: Presidential CNG Initiative Aims to Convert 1 Million Cars by 2027

Avalon Policy Dilogue: Presidential CNG Initiative Aims to Convert 1 Million Cars by 2027   The Federal Government has launched a bold initiative to convert 1 million vehicles to Compressed Natural Gas (CNG) by 2027. The announcement came from Program Director of the Presidential CNG Initiative, Engr. Michael Oluwagbemi during his address at the Avalon

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NDDC: Ekpo tasks stakeholders to unite in advancing frontiers of N’Delta development

NDDC: Ekpo tasks stakeholders to unite in advancing frontiers of N’Delta development   Minister of State Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo, has called on Governors and Ministers from the Niger Delta region, as well as government agencies, International Oil Companies (IOCs), development partners and other critical stakeholders to join hands with the Niger

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NUPRC, not delaying $1.3bn ExxonMobil assets deal

NUPRC, not delaying $1.3bn ExxonMobil assets deal By Ibrahim Musa There are indications that the Nigerian Upstream Petroleum Regulatory Commission, NUPRC, the regulator of Nigeria’s upstream oil sector, is not responsible for the alleged delay in granting consent to the sale of $1.3 billion ExxonMobil’s 40 percent stake in Mobil Producing Nigeria Unlimited, MPNU’s assets

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FG seeks collaboration with PETAN to enhance development of Nigeria’s petroleum industry

FG seeks collaboration with PETAN to enhance development of Nigeria’s petroleum industry   By Eyo Nsima THE Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, yesterday, expressed the federal government’s readiness to collaborate with the Petroleum Technology Association of Nigeria (PETAN) in a bid to increase Nigeria’s oil production and revenue. The minister

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Nigeria’s government to conclude sale of $1.3bn ExxonMobil assets to Seplat By Eyo Nsima

Nigeria’s government to conclude sale of $1.3bn ExxonMobil assets to Seplat By Eyo Nsima   Nigeria’s Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, said the Federal Government has intensified efforts, targeted at concluding the sale of ExxonMobil assets to Seplat Energy Plc. He said President Bola Tinubu has already directed him to

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