Oil & Gas

By Our Correspondent An offshore support vessel NOR GOLIATH contacted brand new FPSO RUBY at Kakinada Anchorage, India, Bay of Bengal, according to FleetMon. It stated: “The offshore support vessel NOR GOLIATH contacted brand new FPSO RUBY at Kakinada Anchorage, India, Bay of Bengal, causing damages to NOR GOLIATH gangway used to transfer offshore staff, […]

By Eyo Nsima The Nigerian National Petroleum Company, NNPC Limited, has urged consumers to desist from panic buying as adequate stock of petrol exists. In a statement obtained by The Daily, www.thedaily-ng.com, the company, stated: “The current queue situation in some parts of Abuja and its environs is as a result of delays in arrival

By Eyo Nsima Seplat Energy Plc, a leading Nigerian energy company listed on the Nigerian Exchange and the London Stock Exchange, says that its energy transition priorities remain to end flaring, monetise gas, displace diesel and biomass with cleaner fuel, extend along the power value chain and target smaller scale, gas-to-power customers. Roger Brown, Seplat Energy CEO said this

By Eyo Nsima The developed and developing world have been urged to adopt gas as a vehicle for achieving the global Energy transition. Speaking at the ongoing Africa Oil Week, in Cape Town, South Africa, Chief Executive Officer, Seplat Energy Plc, Roger Brown, said that investment in Africa’s energy industry would help the developed nations,

By Eyo Nsima The Nigeria LNG Limited (NLNG) has reacted following the directive by the Senate that it should pay host communities N18.4 billion within two months. In a statement obtained by The Daily, https://thedaily-ng.com, the NLNG, disclosed that it ‘is evaluating the resolution and circumstances surrounding it’. It stated: “The attention of Nigeria LNG

By Eyo Nsima African oil and gas producing countries, said they would continue to explore and produce natural gas for development, despite the quest for Energy transition, globally. Speaking at the VIP and Ministerial Symposium of this year’s Africa Oil Week, in Cape Town, South Africa, the former Minister of State for Petroleum Resources, Dr.

By Eyo Nsima Nigerian National Petroleum Company Limited, NNPCL, has acquired the assets of OVH Energy Limited, thus becoming the largest downstream investor in Nigeria. Speaking at the unveiling of the new outlets in Abuja, Nigeria’s capital, the Chairman of NNPCL, Senator  Margery Okadigbo said the company has moved closer to its target of having

As the nation celebrates her 62nd independence, Chevron companies in Nigeria are proud of our partnership and contributions to the social and economic development of the country. We have learnt through decades of operating in Nigeria that our business success in providing affordable, reliable, ever-cleaner energy is directly tied to the progress and prosperity of

By William Breeze and Thomas Bethel At first glance, one would expect African upstream finance to be in healthy shape: the oil price is high by historic standards; gas is an essential transitional fuel; domestic demand for hydrocarbons continues to grow; government support for upstream development continues; and returns in the sector are strong. However,