By Eyo Nsima Shell Petroleum Development Company, SPDC, has resumed oil export at the Bonny Oil and Gas Terminal in Rivers state. The terminal was shut down due to increased pipeline vandalism, oil theft, and illegal refining in the area. However, in a statement obtained by The Daily, https://thedaily-ng.com, the company disclosed that, “The Shell […]
Shell resumes oil export at Bonny Oil Terminal Read More »
By Funmi Ogbue It is my pleasure to speak with you today on behalf of the Women in Energy Network (WIEN) as we prepare for our 2023 International Women’s Day Breakfast Session. This year’s event is themed, “Programmes & Initiatives for Equitable Access for Women in the Nigerian Energy Industry,” and we are excited to
By Eyo Nsima The rig count of Unites States slipped month-on-month, MoM, by 1.8 per cent to 758 in February 2023, from 772 recorded in the preceding month of January 2023. This was disclosed by the Organisation of Petroleum Exporting Countries, OPEC, in its March 2023 Monthly Oil Market Report, MOMR, obtained by The Daily,
JUST IN: United States rig count drops 1.8% to 758 Read More »
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 »
