By Eyo Nsima Iran, Saudi Arabia and Iraq have emerged as the top three nations in terms of global rig count, a major index of measuring upstream activities in the oil and gas industry in February 2023. The nations – Iran, Saudi Arabia and Iraq – recorded 117, 77 and 62 rig counts, according to […]
The Global Process and Pipeline Services Limited (GPPSL) in partnership with IK-Group of Norway has delivered for the first time in Nigeria and Africa the removal and change out of a 36-inch cryogenic pipeline gate valve. The project, executed in June 2022, was the first and largest AOGV ever deployed on the African continent to
GPPSL improves disruptive AOGV technology deployment on African continent Read More »
By Eyo Nsima Nigeria’s oil production rose month-on-month, MoM by 3.8 per cent to 1.306 million barrels per day, bpd in February 2023, from 1.258 million bpd recorded in the preceding month of January 2023. Also, on year-on-year, YoY, Nigeria’s oil production increased by 3.8 per cent to 1.306 million bpd in February 2023, from
UPSTREAM: Oil production rises 3.8% to 1.306m bp/d in Nigeria Read More »
TotalEnergies and Paprec, leader in plastic recycling in France, have signed a long-term commercial agreement to develop a French value chain for advanced recycling of plastic film wastes. The agreement will secure the supply of TotalEnergies’ future advanced plastic recycling plant in Grandpuits. Following the terms of this agreement, Citeo, the main organization in charge
Equatorial Guinea’s oil and gas sector is on a path to recovery and is laying the groundwork for new initiatives towards economic advancement and legislative stability. The country’s economic structure is to be applauded as it prioritizes the development of local production and local participation in its petroleum sector. For example, Equatorial Guinea produces 244,000.00
Oil on Gas Regulations Spotlight: Equatorial Guinea Read More »
Africa needs to prioritize the development of refineries to ensure the maximal exploitation of local resources to achieve energy security, Anibor Kragha, the Executive Secretary of the African Refiners & Distribution Association (ARDA), stated during the opening of the 2023 ARDA Week Conference which runs from 13-17 March in Cape Town. In his presentation titled,
Axxela Limited, sub-Saharan Africa’s fast-growing gas and power company, has announced the achievement of a landmark safety milestone of seven million man-hours without any Lost Time Injury (LTI) across its business operations. This laudable accomplishment was recorded earlier this week. The LTI landmark indicates that Axxela has maintained its operational excellence without a productivity downtime
Axxela achieves another safety milestone of 7m man-hours without Lost Time Injury Read More »
Following the release of his third bestselling publication, A Just Transition: Making Energy Poverty History with an Energy Mix, African Energy Chamber (AEC), Executive Chairman, NJ Ayuk delivered a strong gas-focused speech during the Oxford Business Africa Forum, which took place under the theme, Africa’s Case for Energy and a Just Energy Transition. In
The Immediate Shift Away from Fossil Fuels is Not the Way to Go, Says NJ Ayuk Read More »
By Eyo Nsima The Chief Executive Officer, Seplat Energy Plc, Roger Brown has temporarily handed authority to the Chief Operating Officer, Samson Ezugworie as aggrieved stakeholders alleged racism. In a statement obtained by The Daily, www.thedaily-ng.com, Basil Omiyi, the board chairman of the company said this was in line with the court judgment. The court
SEPLAT: Roger Brown delegates authority to COO as aggrieved stakeholders allege racism Read More »
The Nigerian Content Development and Monitoring Board (NCDMB) has emerged as top performer in business efficiency and transparency in Federal Government’s ranking of ministries, departments and agencies (MDAs) for the year 2022. This latest result is reminiscent of the Board’s 81.46 per cent score in Ease of Doing Business, which placed it top of all
NCDMB Emerges Best MDA in Efficiency, Transparency Read More »
