Oil & Gas

The Minister of State for Petroleum Resources, Chief Timipre Sylva, has said that the Petroleum Industry Act offered multinational oil companies and global oil industry investment community of adequate protection for their business interest in Nigeria. The minister disclosed this in his keynote address at the 5th edition of the Nigeria International Energy Summit 2022.

Managing Director, Shell Nigeria Exploration and Production Company, Mrs. Elohor Aiboni; flanked by the Minister of State for Petroleum Resources, Chief Timipre Sylva; and the Executive Secretary and Chief Executive Officer, Nigerian Content Development and Monitoring Board, Mr. Simbi Wabote, celebrating the emergence of Aiboni as the 2021 Women in Energy Award winner at the

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

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

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