By Eyo Nsima The Federal Government has renewed the Oil Mining Leases, OML, for OML 125, 130,133, 132, 138, with the Nigerian national Petroleum Company Limited and its partners for another 20 years. The renewal of the Production Sharing Contracts, for the fields would culminate in the production of about 10 billion barrels of crude […]
NNPC, Shell, others renew deep-water oil mining leases Read More »
Nigeria LNG Limited (NLNG) on Thursday in Port Harcourt launched the second phase of Global Memoranda of Understanding (GMoU) for its pipeline host communities to actively support community-driven sustainable development. The new agreements are with Okrika, Kalabari, Egi, Ogba, Abua and Ekpeye clusters. The implementation of the first phase of the GMoU comprising Ogbum-nu-Abali, Ubeta
NLNG launches Phase 2 of GMoU in Rivers State Read More »
By Eyo Nsima Seplat Energy, a leading Nigerian energy company listed on the Nigerian Exchange and the London Stock Exchange, said it has not yet been informed about the withdrawal of Ministerial Consent by President Muhammadu Buhari over Mobil Producing Nigeria Unlimited, MPNU $1.3 billion oil deal. In a statement obtained by The Daily, https://thedaily-ng.com, the company,
MOBIL OIL DEAL: We have not been notified of Consent withdrawal — Seplat Energy Read More »
Asharami Synergy, a Sahara Group downstream company has received three certifications from the International Organization for Standardization (ISO) in recognition of the company’s commitment to global quality, health, safety and environmental standards. The certifications include the ISO 9001:2015 Quality Management System, ISO 14001:2015 Environmental Management System, and ISO 45001:2018 Occupational Health and Safety Management System.
Asharami Synergy receives three ISO certifications, promotes downstream sustainability Read More »
By Eyo Nsima Finally, President Muhammadu Buhari, has taken side with the regulator of Nigeria’s oil and gas industry, Nigerian Upstream Petroleum Regulatory Commission, NUPRC and the Nigerian National Petroleum Company Limited, over the sale of Mobil Petroleum Nigeria, MPNU assets. Seplat Energy had earlier agreed to acquire the entire share capital of MPNU at
JUST IN: Buhari takes side with NUPRC, NNPC on $1.3bn oil deal Read More »
The Minister of State for Petroleum Resources, Chief Timipre Sylva and the Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC) Limited, Mallam Mele Kyari, would at the Annual International Conference of Association of Energy Correspondents of Nigeria (NAEC) on August 25, 2022, lead brainstorming sessions on the future of Nigeri’s hydrocarbon sector
By Eyo Nsima There was confusion over the President Muhammadu Buhari’s letter of Consent to Seplat Energy Offshore Limited, a subsidiary of Seplat Energy for the cash acquisition of the entire share capital of Mobil Producing Nigeria Unlimited, MPNU, from its shareholders, Mobil Development Nigeria Inc, MDNI, and Mobil Exploration Nigeria Inc, MENI, entities of
Nigeria must work to position itself as the energy hub of Africa. This was the assertion by Ado Oseragbaje the CEO of Heritage Energy Operational Services Limited (HEOSL), at the ongoing Nigeria Annual Conference and Exhibition of the Society of Petroleum Engineers in Lagos Nigeria Monday August 1, 2022. During a brief remark at the
NIGERIA CAN BE THE ENERGY HUB OF AFRICA – OSERAGBAJE Read More »
PROF. OLALEKAN OLAFUYI, a professor of Petroleum Engineering at the University of Benin, is the 2021/22 Chairman of Society of Petroleum Engineers (SPE), Nigeria Council. In this interview with select journalists, he spoke about energy mix, the gale of divestment by the international oil companies and the rapidly changing energy landscape. He also talked about
PIA is a monumental leap from where the industry was coming from Read More »
By Eyo Nsima The All On Board of Directors is pleased to announce the appointment of Mrs. Caroline Eboumbou as the new Chief Executive Officer of All On after a broad search and rigorous interview process. A determined pan-Africanist, Caroline Eboumbou is passionate about private sector and economic development, to which she has dedicated her
APPOINTMENT: All On Board of Directors names Caroline Eboumbou as new CEO Read More »
