Oil & Gas

NCDMB: Meet speakers as Practical Nigerian Content Forum opens in Uyo December 5, 2022

By Godswill Odiong The 11th Practical Nigerian Content (PNC) Forum will take place between 5-8 December 2022 in Uyo, Akwa Ibom State. It is 11 years since the enactment of the Nigerian Oil and Gas Industry Content Development, NOGICD Act, and many strides have been made in developing domestic capacity that has spurred new business […]

NCDMB: Meet speakers as Practical Nigerian Content Forum opens in Uyo December 5, 2022 Read More »

Middle East: Oil demand remains low despite the ease in COVID-19 lockdown

Nigeria loses OPL 245 $1.1bn compensation claim in Italian court

By Eyo Nsima Again, Nigeria has failed to win a $1.1 billion compensation claim in an Italian court over Oil Prospecting Licence (OPL) 245. The appeals court in Milan, Italy, on Friday, rejected Nigeria’s request for $1.1bn compensation from Shell and Eni, the two IoCs that bought the oil block from Malabu Oil & Gas

Nigeria loses OPL 245 $1.1bn compensation claim in Italian court Read More »

How Panamax runs aground at Suez Canal

MARITIME: Panamax bulk carrier disabled in Bosphorus

By our Correspondent A Bulk carrier SAKIZAYA ELEGANCE suffered engine failure under 15 July Martyrs Bridge, Bosphorus, Istanbul, at around 0200 LT November 11, 2022, according to FleetMon. It stated: “Bulk carrier SAKIZAYA ELEGANCE suffered engine failure under 15 July Martyrs Bridge, Bosphorus, Istanbul, at around 0200 LT Nov 11, while transiting the Strait in

MARITIME: Panamax bulk carrier disabled in Bosphorus Read More »

Middle East: Oil demand remains low despite the ease in COVID-19 lockdown

Angola Oil and Gas 2022 Positions National Oil Companies as Key Drivers of Hydrocarbon Market Growth

On the back of the successful completion of Sonangol’s 30-month Regeneration Program, the role of National Oil Companies (NOCs) in achieving successful energy sector outcomes will be showcased at the upcoming Angola Oil & Gas (AOG) 2022 Conference & Exhibition {http://bit.ly/3AqXeMv} (Luanda; November 29-December 1). The NOC-focused panel will explore the challenges and opportunities behind

Angola Oil and Gas 2022 Positions National Oil Companies as Key Drivers of Hydrocarbon Market Growth Read More »

NCDMB logo

FLOOD: NCDMB moves Practical Nigerian Content Conference to Uyo

The management of the Nigerian Content Development and Monitoring Board has announced the movement of her flagship annual Practical Nigerian Content conference to Uyo, Akwa-Ibom State. The Executive Secretary, NCDMB, Engr. Simbi Kesiye Wabote made the announcement in an email to staff and other stakeholders to confirm that the event would still be held on

FLOOD: NCDMB moves Practical Nigerian Content Conference to Uyo Read More »

DAPPMAN seeks FX access at official rate to boost fuel supply

The Depots, and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has called on the government to give petroleum marketers access to foreign exchange at the official Central Bank of Nigeria (CBN) rate to enhance the supply and distribution of Premium Motor Spirit (PMS) across the nation. Speaking at a press conference in Lagos, DAPPMAN Chairman,

DAPPMAN seeks FX access at official rate to boost fuel supply Read More »

Middle East: Oil demand remains low despite the ease in COVID-19 lockdown

NIES 2023: Professional Associations declare readiness for full participation

Professional and trade associations under the oil and gas value chain have declared their readiness to participate fully in the upcoming Nigeria International Energy Summit (NIES) scheduled to take place in Abuja from April 16th to 20th, 2023. The associations include Independent Petroleum Producers Group (IPPG), Nigerian Gas Association (NGA), Petroleum Technology Association of Nigeria

NIES 2023: Professional Associations declare readiness for full participation Read More »

African Energy Chamber Drives Intra-African Energy Investment in Lagos

Africa’s Oil and Gas Sector Remains Committed to a Just Energy Transition for Africa With African Timetable

By NJ Ayuk I arrived Sharm El Sheikh for COP27 to stickers bearing the circulating arrows emblem of sustainability. The city appears to be in tip-top shape. I listened to the speeches at the opening ceremony of COP27 noting that Africa faces a quandary: The continent is seeking to eradicate energy poverty and create a

Africa’s Oil and Gas Sector Remains Committed to a Just Energy Transition for Africa With African Timetable Read More »

Middle East: Oil demand remains low despite the ease in COVID-19 lockdown

RUSSIAN-UKRAINE WAR: No more UK Insurance cover for ships carrying ban oil

By our Correspondent British Insurers are forbidden by the UK Treasury to provide insurance coverage to ships carrying Russian oil cargoes from December 5th, 2022, according to FleetMon. It stated: “This also means that ships registered in European state or carrying P&I insurance from an EU or UK-based entity can no longer carry crude oil

RUSSIAN-UKRAINE WAR: No more UK Insurance cover for ships carrying ban oil Read More »

New Book on the Search for Peace in the Niger Delta Launch in Lagos

A new book, described by Engr. Gbenga Komolafe, Chief Executive Officer of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) as highly innovative and an essential manual for stakeholders in the Nigerian oil and gas industry, will be launched in Lagos on Monday, November 14, 2022, at the Ebony Life emporium in Victoria Island, Lagos. The

New Book on the Search for Peace in the Niger Delta Launch in Lagos Read More »

Scroll to Top