BREAKING: DPR, Nigeria’s oil industry regulator presents Marginal fields award letters to investors in Abuja By Eyo Nsima The Department of Petroleum Resources (DPR), Marginal fields award presentation event has started in Abuja, Nigeria. According to the Director/ CEO, DPR, Engr. Sarki Auwalu, only successful investors, who will be receiving their award letters are companies […]
The Department of Petroleum Resources (DPR), yesterday, announced that it had concluded arrangements to issue award letters to successful investors in the 2020 marginal field bid round programme. In a statement signed by the Head, Public Affairs of the organisation, Mr. Paul Osu, it noted that the award ceremony has now been officially scheduled to
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Women in Energy Oil and Gas holds E-Summit Series May 29 By Eyo Nsima Women in Energy Oil and Gas, WEOG, has concluded plans to hold E-Summit Series on May 29, 2021, at 4 pm West Central African time. According to WEOG, the event is blessed with Dr. Lois Frankel, President of Corporate Coaching International,
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Total: Shareholders approve board resolutions . TOTAL SE becomes TotalEnergies SE . Patrick Pouyanné reappointed as Chairman/CEO By Eyo Nsima The Combined Shareholders’ Meeting of Total SE was held on May 28, 2021, under the chairmanship of Mr. Patrick Pouyanné, according to the company. In a statement obtained by The Daily, www.thedaily-ng.com, it stated: “The shareholders
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Total Group: Capital increase reserved for employees in 2021 In accordance with its policy in favor of employee shareholding, the Board of Directors of Total SE decided, on September 16, 2020, to carry out a capital increase reserved for eligible employees and former employees of Total SE and its French and foreign subsidiaries in which
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Total transforms into TotalEnergies By Eyo Nsima The shareholders of Total, Friday, unanimously agreed to change the name of the company to TotalEnergies. In a statement obtained by The Daily, www.thedaily-ng.com, the company, stated: “At the Ordinary and Extraordinary Shareholders’ Meeting, shareholders approved today, almost unanimously, the resolution to change the company’s name from Total to
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Shell, Rivers govt. inaugurate multi-billion Naira Cassava firm By Eyo Nsima Leading energy company, Shell, on Thursday inaugurated a multi-billion-naira Rivers Cassava Processing Company Limited built-in partnership with the Rivers State Government, Vieux Manioc BV of the Netherlands, and the Embassy of The Netherlands in Nigeria. Shell says the company will support the economy
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By Eyo Nsima The Department of Petroleum Resources (DPR) has stated that the country needs over $2 billion monthly revenue to remain sustainable as a nation. The Director, DPR, Sarki Auwalu, warned that without this monthly income, the economy would be in doldrums as over 70 per cent of the $2 billion is presently being
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The Federal Government has said it is expecting most of the marginal fields, which investors bid for in the recently concluded bid round, will achieve first oil starting from next year. The Director/Chief Executive Officer, Department of Petroleum Resources, Mr Sarki Auwalu, said this on Wednesday during a strategic engagement session in Lagos with the
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OML 118: NNPC, SNEPCo, others sign Multibillion-Dollar Deep-Water Agreement …Deal to Yield Over $780million in Immediate Revenues to Government The Nigerian National Petroleum Corporation (NNPC) and its Production Sharing Contract (PSC) partners -Shell Nigeria Exploration and Production Company (SNEPCo), Total Exploration and Production Nigeria Limited (TEPNG), Esso Exploration and Production Nigeria Limited (EEPNL), and Nigerian
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