How floating LNG will impact on revenue in Nigeria — DPR By Alison Godswill The Federal Government has expressed optimism about improved earnings from its gas monetisation scheme, following the signing of the Pre-Front End Engineering Design (Pre-FEED) contract by the licensee to commence the development of 176 million cubic feet per day Liquefied Natural […]
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DPR pledges support for first floating LNG Production Plant Project The Department of Petroleum Resources (DPR) has pledged support to the hitch-free completion of Nigeria’s first floating Liquefied Natural Gas (LNG) production plant. Mr. Sarki Auwalu, Director, DPR gave the assurance at the online contract signing of an agreement by an indigenous oil and
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Why implementation of 20% hike in freight cost is delayed – PEF By Godswill Odiong THE Executive Secretary of the Petroleum Equalisation Fund, Ahmed Bobboi has attributed the delay in the implementation of 20 per cent rise in the cost of transporting premium motor spirit, petrol, in pricing template to an ongoing negotiation between the
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How Nigeria’s oil output drops by 23.1% to 1.3 mb/d By Eyo Nsima NIGERIA’s oil output dropped to 1.372 million barrels per day, mb/d in April 2021 from 1.793 mb/d in the corresponding period of 2020, indicating a fall of 23.1 percent. In its May 2021 report released Tuesday, the Organisation of Petroleum Exporting Countries,
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Asharami Energy’s graduate program targets future Upstream experts Asharami Energy, a Sahara Group Upstream company, has commenced its 2021 Graduate Trainee Program that is geared towards enhancing the sustainability and future of the sector through training of exceptional young talent. Henry Menkiti, Chief Operating Officer, Asharami Energy, said the widely sought-after program has been instrumental
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…partners NCDMB to build centre for skills development, training ANOH Gas Processing Company (AGPC) has reiterated its commitment to spending up to $10million on capacity development initiatives in the oil and gas sector. The Managing Director of AGPC, Okechukwu Mba said this on the sidelines of the kickoff meeting and tour of the Centre for
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By OUR CORRESPONDENT The Chairman, Heirs Holdings Chairman, Tony O. Elumelu, has stressed the importance of power in driving innovation and economic growth across Africa. Speaking on Arise News’ The Morning Show, weekend, he said shared Heirs Holdings’ ambition to improve lives and transform the continent by investing in the most strategic sectors of Africa
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Heirs Oil & Gas (HHOG), the leading African integrated energy company, has announced the appointment of Osayande Igiehon as Chief Executive Officer, effective May 4, 2021, together with a distinguished non-executive board, bringing together leading industry figures, with considerable global and regional experience. Heirs Holdings Limited’s (HH) portfolio company, HHOG, completed the acquisition of OML17
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UPDATED: Port Harcourt Refinery Rehab: We Can’t Afford to Fail – NNPC The Nigerian National Petroleum Corporation (NNPC) has kicked off construction work in the Port Harcourt Refinery rehabilitation project with a firm commitment not to fail Nigerians. A statement by the Group General Manager, Group Public Affairs Division of the NNPC, Dr. Kennie Obateru, quoted
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Total invites shareholders to a crucial meeting Total has invited shareholders are invited to participate at the Ordinary and Extraordinary Shareholders’ Meeting on May 28, 2021. According to the company, the meeting will be held at 10:00 a.m. at the Company’s registered office, 2 Place Jean Millier – La Défense 6, 92400 Courbevoie without
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