Sitting on an estimated 203 trillion cubic feet of natural gas, Nigeria is on a mission to monetize its gas resources and become a leading LNG exporter to global markets. Its most notable project – the $5-billion Nigeria LNG Train 7 expansion – is set to boost processing capacity by 35% from 22 million tonnes […]
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NUPRC not leaving Abuja as erroneously speculated By Ibrahim Musa With clear mandates – ensuring compliance with petroleum laws, regulations and guidelines, monitoring of operations at drilling sites, producing wells, production platforms and flowstations, crude oil export terminals, and all pipelines carrying crude oil, and natural gas, supervising operations being carried out under licenses
NUPRC not leaving Abuja as erroneously speculated Read More »
Energy giant, Shell is working to extend the life of the Bonga Floating, Production, Storage, Offloading (FPSO) vessel for another 15 years to handle more production from Nigeria’s first deep-water development which came on stream in November 2005. The Bonga Main Life Extension Project comes as the company explores opportunities in deep-water, gas and renewables
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Seplat Energy Plc, leading Nigerian independent energy company listed on both the Nigerian Exchange Limited (NGX) and the London Stock Exchange (LSE), has achieved the ISO 26000 endorsement, which is a major milestone that reinforces the Company’s commitment to social responsibility. The Company’s ISO 26000 journey commenced in September 2021 and was concluded in 2023.
Seplat Energy achieves ISO 26000 endorsement on social responsibility Read More »
OIL: Nigeria’s output rises 6.9% to 1.43m bpd —OPEC By Eyo Nsima Nigeria’s oil output has risen to 1.43 million barrels per day, bpd in January 2024, from 1.34 million bpd recorded in December 2023, showing an increase of 6.9 per cent. According to the January 2024 Monthly Oil Market Report, MOMR of the
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How NUPRC worked assiduously to reposition upstream oil and gas industry in Nigeria By ENGR. GBENGA KOMOLAFE It is a great pleasure and honour for me to deliver this keynote speech to this esteemed audience of professionals and eminent stakeholders in the African oil and gas industry at the8th Sub-Saharan Africa International Petroleum, Exhibition
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SPDC Powers Nigeria’s Economy: Recommences Crude Oil Supply from Bonny Oil and Gas Terminal (BOGT) to the Port Harcourt Refinery (PHRC) In furtherance of the Federal Government’s commitment to increase domestic refining capacity, and make products more readily available in the country, the Shell Petroleum Development Company of Nigeria Limited, through its Bonny Oil
TotalEnergies and its partners announce the start of production from the Akpo West field on the PML2 license in Nigeria. Located 135 kilometers off the coast, Akpo West is tied back to the existing Akpo Floating Production Storage and Offloading (FPSO) facility, which started-up in 2009 and produced 124,000 barrels of oil equivalent per day
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FG SETS UP INTER-MINISTERIAL COMMITTEE TO ADDRESS THE CHALLENGES OF LOW GAS SUPPLY TO POWER PLANTS In a bid to address the challenges of low gas supply to Gas (Thermal) Power Generating Stations in the country, the Minister of State Petroleum Resources (Gas) Rt. Honourable Ekperikpe Ekpo and the Honourable Minister of Power, Chief
The Nigeria International Energy Summit (NIES) 2024, scheduled to take place at the International Conference Centre (ICC) in Abuja, Nigeria, from February 26 to March 1, 2024, has proudly announced its distinguished lineup of speakers. The Summit will be graced by the esteemed presence of His Excellency, Senator Ahmed Bola Tinubu, GCFR, President of Federal
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