Oil & Gas

Leading energy company, Shell Nigeria Gas (SNG), has received accolades from industry regulator, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), for deliberate and active investment in Nigeria’s critical gas infrastructure to supply gas for powering industries in key locations in the country. The Chief Executive of NMDPRA, Farouk Ahmed, said Nigeria needs accelerated […]

By Eyo Nsima The production of about 22,000 barrels of oil per day, has been suspended because of the Floating Production, Storage and Offloading, FPSO, explosion, which occurred in Ukpokiti Terminal, Delta State. The facility, known as FPSO Trinity Spirit, belonging to Shebah Exploration & Production Company Ltd (SEPCOL), exploded and sank on February 2,

By Eyo Nsima A Floating Production, Storage and Offloading, FPSO, used for oil and gas operations, has exploded in Escravos, Delta State. The explosion of the FPSO, known as Trinity Spirit, happened on February 2, 2022, causing fire and panic in the Escravos area of Warri South – West Local Government Area of the State.

…Pledges Support for Frontier Exploration The Senate Committee on Petroleum Resources (Upstream) has commended the Nigerian National Petroleum Company Limited (NNPC Ltd) for repositioning the Nigerian oil and gas industry into a competitive business environment. The Chairman of the Committee, Senator Bassey Albert Akpan, gave the commendation when he led members of the Committee on

– Provides N20 million R & D support The Petroleum Contractors Trade Section (PCTS) of the Lagos State Chamber of Commerce and Industry (LCCI) recently paid a courtesy visit to the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr Simbi Wabote at the Local Content Tower, Yenagoa. The visit which was

TotalEnergies and Veolia have signed an agreement to produce biomethane from Veolia waste and water treatment facilities operating in more than 15 countries. The partners will develop and co-invest in a portfolio of international projects, with the ambition to produce up to 1.5 terawatt-hours (TWh) of biomethane per year by 2025. This production of renewable

Oil marketers under the aegis of Major Oil Marketers Association of Nigeria (MOMAN) say it is currently seeking consultation with the Federal Ministry of Petroleum Resources and other industry stakeholders on the impact of the suspension of fuel subsidy removal on some provisions of the Petroleum Industry Act (PIA). This was made known by the

The Nigerian Content Development and Monitoring Board (NCDMB) has announced plans to host the Africa Local Content Investment Forum (ALCIF) at Eko Hotels and Suites, Lagos on Monday, 7th March, 2022. The event will provide a platform for African leaders in the oil and gas industry and financial sector, financial institutions, regulators, and regional bodies