By Eyo Nsima ExxonMobil, an International Oil Company, IOC, has concluded plans to sell its equity interest in Mobil Producing Nigeria Unlimited, MPNU, to Seplat Energy. The IOC, stated: “ExxonMobil has reached an agreement to sell its equity interest in Mobil Producing Nigeria Unlimited to Seplat Energy, a Nigerian independent oil and gas company, through […]
ExxonMobil to sell interest in MPNU to Seplat Energy Read More »
The Nigerian Content Intervention (NCI) Fund has exceeded half a billion dollars, the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote has said. He spoke recently at the Sub-Saharan African International Petroleum Conference (SAIPEC) organised in Lagos by the Petroleum Technology Association of Nigeria (PETAN), He indicated that
Nigerian Content Fund exceeds $500m-Wabote Read More »
In flagging off the 2022 cycle of the Nigeria Prize for Science, Nigeria LNG Limited (NLNG) has announced the appointment of Professor Barth Nnaji, a renowned scientist and former Minister of Power, as the chairperson of the Advisory Board for the Prize. Professor Nnaji succeeds Professor Emeritus Akpoveta Susu, a former science prize winner who
NLNG names Prof. Nnaji as Science Prize Board chair as 2022 cycle begins Read More »
TotalEnergies has made a significant discovery of light oil with associated gas on the Venus prospect, located in block 2913B in the Orange Basin, offshore southern Namibia. The Venus 1-X well encountered approximately 84 meters of net oil pay in a good quality Lower Cretaceous reservoir. “This discovery offshore Namibia and the very promising initial
Namibia: TotalEnergies makes significant discovery in offshore Read More »
The Board of Directors of Nigeria LNG Limited (NLNG) has approved the appointment of Mr Olalekan Olufemi Ogunleye as successor to Engr. Sadeeq Mai-Bornu as Deputy Managing Director of the Company. Engr. Mai-Bornu, appointed by the NLNG Board in April 2016, will return to his parent company, Nigerian National Petroleum Company Limited (NNPC), at the
NLNG Deputy MD, Sadeeq Mai-Bornu, ends tenure, to hand over to Olalekan Ogunleye Read More »
Nigeria’s leading energy company, Shell, has reiterated its commitment to supporting efforts to help the country meet its lower carbon emission target. “Apart from this being the right thing to do, it is also good for our business in Nigeria,” Managing Director of Shell Nigeria Exploration and Production Company (SNEPCo), Mrs. Eloho Aiboni, said on
Shell reiterates commitment to lower CO2 emissions in Nigeria Read More »
Nedogas Development Company Limited (NDCL), a joint venture company between Xenergi Limited and NCDMB Capacity Development Intervention Company, has, in collaborative partnership with the Nigerian Gas Company Limited (NGC), a subsidiary of the Nigerian National Petroleum Company (NNPC), successfully completed the construction and technical commissioning of a 300 MMscfd Capacity Kwale Gas Gathering (KGG) and
Nedogas, NCDMB commissions 300 MMscfd Kwale Gas Gathering Facility Read More »
Hundred Nigerian youths have commenced training in the vocational skills programme sponsored by the Nigerian Content Development and Monitoring Board (NCDMB) and facilitated by the Industrial Training Fund (ITF). The training covers eight skills areas, and they include Information and Communication Technology; Electrical/Electronic Technology; Industrial Automation and Mechatronics; Instrumentation and Process Control; Mechanical Services and
100 Youths begin NCDMB/ITF Vocational Training Read More »
The implementation of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act has created over 50,000 direct jobs in the local economy over the past 11 years, the Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote has said. He stated this in Lagos during separate breakfast meetings he held
Nigerian Content retains $8bn annually, creates 50,000 jobs Read More »
…Oando promotes employee growth & development within its organization Oando has appointed Adeola Ogunsemi, Chief Financial Officer, Oando to become the newest member of its board following the resignation of Olufemi Adeyemo who was close to retirement having served the company for over 16 years. Olufemi joined Oando in October 2005 and with his extensive
Oando appoints Ogunsemi as new CFO Read More »
