Oil & Gas

There can be no Energy Transition without Energy Access — Monday Okoro

By Eyo Nsima  CleanEnergy access for all citizens, irrespective of location has been identified as the surest bet for successful global energy transition and the fight against climate change. Managing Director, Neconde Energy Limited, Monday Okoro made the assertion on Wednesday in Lagos at a panel discussion on Operationalising a Clean Energy Transition for Sustainable Development […]

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

Oil market: OPEC+ increases Nigeria’s oil quota to 1.830 million bpd

By Eyo Nsima The Organization of Petroleum Exporting Countries, OPEC, and its allies, have increased Nigeria’s oil quota to 1.830 million barrels per day, mb/d in September 2022 from 1.826 mb/d in August 2022. This was one of the decisions decision at the 31st OPEC and non-OPEC Ministerial Meeting, held via videoconference, yesterday. A look

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Seplat Energy’s gas revenue grows to $63.7 million year-on-year

Seplat Energy commits to supplying adequate energy mix for Nigeria’s growth

By Eyo Nsima A leading indigenous energy company, Seplat Energy Plc, has pledged to supply adequate energy mix to enhance the growth of Nigeria’s economy. The company also expressed its commitment to making positive social impacts while contributing to Nigeria’s achievement of the United Nations’ Sustainable Development Goals (SDGs). Mr. Effiong Okon, the Director, New

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NCDMB commends Total Energies for revamping GTC PH, sets 60% of HCD Budget for institutional upgrade

By Eyo Nsima The Nigerian Content Development and Monitoring Board (NCDMB) has commended TotalEnergies Exploration and Production Nigeria Limited for embarking on infrastructural upgrade of the Government Technical College (GTC), Rivers State. The projects include the construction of technical workshop, 200-bed hostel, and 25-blocks classroom and are in fulfillment of TotalEnergies’ commitment to the NCDMB’s

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Natural Energy, Women in Energy Oil and Gas plan Trade Mission to Belize

Natural Energy, Women in Energy Oil and Gas plan Trade Mission to Belize By Eyo Nsima Belize Natural Energy Limited (BNE) and Women in Energy Oil and Gas have concluded plans to embark on a trade mission to Belize. The trade mission to the Caribbean country, located on the northeastern coast of Central America, is

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NAICE 2022: Sahara Group tasks stakeholders on tailored path to Africa’s energy transition

Energy and Infrastructure,  Sahara Group has said  the 2022 Nigeria Annual International Conference and Exhibition of the Society of Petroleum Engineers should lead the conversation of exploring best possible policies and partnerships to propel seamless energy transition for Africa. Themed Global Transition to Renewable and Sustainable Energy and the Future of Oil and Gas in

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PIND, CNL partner with IRDC to electrify Ondo riverine communities

FAKE RECRUITMENT: CNL decries the circulation of false information

By Eyo Nsima Contrary to speculation, Chevron Nigeria Limited (CNL), operator of the Nigeria National Petroleum Corporation (NNPC)/CNL Joint Venture, has denied its involvement in recruitment. In a statement obtained by The Daily, www.thedaily-ng.com, the company, stated: “Chevron Nigeria Limited (CNL), operator of the Nigeria National Petroleum Corporation (NNPC)/CNL Joint Venture, is aware of the

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BOOK PRESENTATION: We shall assemble in future when permitted — Avuru

By Eyo Nsima The Founder and Executive Chairman of AA Holdings, Mr. Austin Avuru has expressed hope that his books – My Entrepreneurship Journey, A Safe Part of Hands and Politics, Economics and the Nigerian Petroleum Industry – would be presented o the public in future. The Abuja High Court had issued an injunction suspending

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MARITIME ACCIDENT: FPSO taking on water in Gulf of Guinea

By Our Correspondent FPSO SEA EAGLE has experienced a serious water ingress in Warri, Nigeria, according to FleetMon. It stated: “FPSO SEA EAGLE reported water ingress on Jul 24, she’s positioned in EA field southwest of Warii, Nigeria. As of morning Jul 29, there weren’t yet detailed and timely updates, to figure out what happened,

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Seplat Energy’s gas revenue grows to $63.7 million year-on-year

Seplat Energy grows Q2 Profit Before Tax 238% to $209.9m

By Eyo Nsima Seplat Energy Plc, a leading Nigerian independent energy company listed on both the Nigerian Exchange and the London Stock Exchange, has reported a rise of 238 per cent in its half year 2022 profit before tax (PBT) to $209.9 million, from $62.1 million year-on-year. In the company’s unaudited results for the six

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