GAS DEVELOPMENT: Tinubu expresses commitment to NLNG By Our Correspondent President Bola Tinubu has expressed commitment to the development of Nigeria Liquefied Natural Gas (NLNG) Limited, NLNG. The President expressed the commitment during the meeting with the board and management of the company, led by Edmund Daukuru, NLNG board chairman and king of Nembe […]
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The Nigeria Liquefied Natural Gas Limited has said gas production from its plant in Bonny Island, River State, is still active. It debunked reports which earlier alleged that the continued shutdown of operations by NLNG was a looming danger to the country’s annual production of 22 million tonnes of gas. In a statement, Andy Odeh,
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BREAKING: Forcados terminal makes first oil export since July By Eyo Nsima Forcados terminal, Nigeria has started the process of shipping over 200,000 barrels of crude oil to the global market, the first since July 2023 when the facility was shut down for maintenance after ‘fumes’ were noticed. Checks by The Daily, www.thedaily-ng.com confirmed that operations resumed
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UPDATE : SEPLAT continues search for 3 missing persons in rig incident By Eyo Nsima Seplat Energy Plc, a leading indigenous Nigerian energy company, said the search for three missing persons continues in the Niger Delta. In a statement obtained by The Daily, www.thedaily-ng.com, Seplat Energy maintained that, “The Majestic rig is owned by Depthwize Nigeria
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OPEC’s Director of the Research Division Dr. Ayed Al-Qahtani to lead will discussions at AEW 2023 OPEC’s Director of the Research Division Dr. Ayed Al-Qahtani will lead discussions around the global oil outlook and the role African producers play in stabilizing the market during African Energy Week in Cape Town. Africa’s vast crude oil reserves,
UPSTREAM: Seplat records incident on Majestic rig near Ovhor in Nigeria By Eyo Nsima Seplat Energy has recorded a serious incident on the Depthwise swamp drilling rig “Majestic” in the early hours of this morning. The company that confirmed the incident in a statement obtained by The Daily, www.thedaily-ng.com, stated: “Seplat as the operator of the
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MARITIME ACCIDENT: Titan upgrades vessels into advanced LNG bunkering fleet By Our Correspondent The Dutch-based bunker supplier, Titan, has successfully completed the conversion of its newly acquired vessels – the TITAN UNIKUM and the TITAN VISION – according to FleetMon. It stated: “These vessels underwent a transformation into state-of-the-art bunker vessels. Titan procured these
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Atlas Oranto Pioneers African Energy Security as Diamond Sponsor at African Energy Week Atlas Oranto, Nigeria’s largest privately-held and Africa-focused exploration and production company, has joined the African Energy Week (AEW) conference – scheduled for October 16–20 in Cape Town – as a diamond sponsor. With an extensive presence across the African continent
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Energy Transition: NUPRC Stresses Need For African Oil & Gas Market Integration The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has stressed the importance of African market integration and evolving innovative measures to mitigate the confounding effect of the global energy transition drive. Chief executive of NUPRC, Gbenga Komolafe, speaking during the Energy Year Nigeria 2023
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Seplat Energy’s gas revenue grows to $63.7 million year-on-year Seplat Energy Plc, a leading Nigerian independent energy company listed on both the Nigerian Exchange Limited and the London Stock Exchange, has within a year experienced a 10.2 per cent gas revenue, reaching $63.7 million in 6M 2023 (compared to $57.8 million in 6M 2022). This growth is attributed to
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