Oil & Gas - TheDailyNG

Energy Transition: Heritage Energy provides platform for robust engagement

Leave a Comment / Oil & Gas / Godswill Odiong

By Godswill Odiong In its commitment to deepen discussion in Nigeria’s Energy sector, Heritage Energy Operational Services Limited (HEOSL) has provided an annual platform for leaders in the energy industry, policy makers, regulators, and other key stakeholders to converge and exchange thoughts on critical matters affecting the industry as well as evolving effective ideas for […]

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Australia: TotalEnergies, INPEX, Woodside join to develop Offshore CO2 Sequestration Project

Leave a Comment / INTERNATIONAL, Oil & Gas / Godswill Odiong

By Godswill Odiong The Bonaparte CCS Assessment joint venture between TotalEnergies (26%), INPEX (53%, Operator) and Woodside (21%) has been awarded a Greenhouse Gas Storage Assessment Permit, off the northwest coast of Australia, to carry out evaluation and appraisal work on block G7-AP, which is considered a promising area for geological storage of CO2. Appraisal

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

OIL MARKET: How COVID 19 slashed China’s demand to 8.7 mb/d

Leave a Comment / COVID 19, Oil & Gas / Godswill Odiong

By Eyo Nsima The resurgence of Coronavirus pandemic has slashed oil demand in China to 8.7 million barrels per day, mb/d, according to the Organisation of Petroleum Exporting Countries, OPEC. This also weakened or reduced the importation of crude oil from major markets around the world, including Nigeria. In its August 2022 Monthly Oil Market

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Namibia seeks investment in oil and gas

Leave a Comment / INTERNATIONAL, Oil & Gas / Godswill Odiong

By Eyo Nsima The Ministry of Mines & Energy of Namibia, MME, Namibia Investment Promotion and Development Board (NIPDB) and the National Petroleum Company of Namibia (Namcor), the African Energy Week, have invited investors to invest in Namibia’s oil and gas industry. The opportunities available in the nation’s oil and gas industry will be unfolded

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How Germany signs deal with Gas Suppliers, secures supply for its FSRUs

Leave a Comment / INTERNATIONAL, Oil & Gas / Godswill Odiong

By Our Correspondent Germany signed a Memorandum of Understanding with the top gas suppliers in the country to secure a steady supply for two of its Floating Storage Regasification Units, FSRUs, according to FleetMon. It stated: “Germany signed a Memorandum of Understanding with the top gas suppliers in the country to secure a steady supply

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RENEWABLE: First power at Scotland’s largest offshore wind farm

Leave a Comment / Oil & Gas, Total News / Godswill Odiong

By Godswill Odiong TotalEnergies and its partner SSE Renewables, have opened first power generation from the Seagreen offshore wind farm, 27km off the coast of Angus in Scotland. The first turbine, of a total of 114, was commissioned in the early hours of Monday morning. The aim is for the 1075 MW farm to be

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Heritage Energy commences scholarship intake process for OML 30 host communities

Leave a Comment / Local content, Oil & Gas / Godswill Odiong

By Eyo Nsima Heritage Energy Operational Services Limited (HEOSL), Operator of the OML 30 joint venture between NNPC Exploration and Production Limited (formerly NPDC) and Shoreline Natural Resources Limited (SNRL) has announced the commencement of the OML 30 Scholarship Intake Process for indigenes of its host communities. The intake process will run from August 19

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PIA: BudgIT examines progress, urges FG to ensure timely implementation

Leave a Comment / Business, Oil & Gas / Godswill Odiong

After over two decades, the Petroleum Industry Act (PIA) finally became law when President Muhammadu Buhari signed it in August 2021. Recall that the PIA is meant to promote transparency, good governance, and accountability in Nigeria’s petroleum resources administration and encourage local cum foreign investments. However, despite these expectations, the PIA has been met with

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Eterna reaffirms commitment to expanding gas usage in Nigeria, invests more than N20m in CSR in the last two years

Leave a Comment / Oil & Gas / Godswill Odiong

Eterna PLC, a leading integrated energy provider in the country says it is investing in the deployment of Liquefied Petroleum Gas (LPG) skids across some of its retail outlets in the country. The newly appointed Managing Director/Chief Executive Director of Eterna PLC, Mr Benjamin Nwaezeigwe said this at a news briefing in Lagos. Prior to

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GAS DEVELOPMENT: Savannah Energy signs Gas Sales Agreement with Notore Chemical Industries PLC

Leave a Comment / Oil & Gas / Godswill Odiong

By Eyo Nsima Savannah Energy PLC, the British independent energy company focused around the delivery of Projects that Matter in Africa, has signed a new Gas Sales Agreement with Notore Chemical Industries PLC (Notore). In a statement obtained by The Daily, www.thedaily-ng.com, the company stated: “Savannah Energy PLC, the British independent energy company focused around

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