NPDC invites firms as Financial and Technical services providers for the development of OPLs 809, 810 assets By Eyo Nsima The Nigeria Petroleum Development Company NPDC has requested for expression of interest, EOI, as a financial and technical service partner for the development of Oil Prospecting Leases, OPLs 809 and 810 assets, in the Gongola […]
…Posts ₦295.72bn from sale of petroleum products The Nigerian National Petroleum Corporation (NNPC) says it recorded a total crude oil and gas export sales of $219.75m in May 2021, representing 180.29% increase on sales from the previous month of April 2021. This is contained in the May 2021 edition of the NNPC Monthly Financial and
NNPC records crude oil, gas sales of $219.75m in May Read More »
All On, Infibranches Sign a $2m Deal to Drive Growth in the Nigerian Renewable Energy Sector Shell-funded impact investment company All On is pleased to announce a $2m investment in a fintech company, Infibranches Technologies Limited to help bridge the energy distribution gap in underserved rural and peri-urban areas of Nigeria. Olusola Owoyemi, Infibranches CEO,
Buhari appoints Ararume Board Chairman of new NNPC Ltd By Eyo Nsima President Muhammadu Buhari, Sunday, ordered the immediate incorporation of NNPC Limited in line with the provision of the Petroleum Industry Act (PIA). The President also named Senator Ifeanyi Ararume as NNPC Limited Board Chairman with Mele Kolo Kyari and Umar I. Ajiya as
Buhari appoints Ararume Board Chairman of new NNPC Ltd Read More »
The Federal Government, through the Department of Petroleum Resources (DPR) has said it will generate N3.2 trillion revenue by the end of December this year. With improved revenue outlook, including signature bonuses, the Chief Executive Officer of DPR, Sarki Auwalu yesterday in Abuja, said over 70 per cent of the revenue projection has already been
DPR eyes skills export, targets N3.2trn revenue Read More »
Shell restates commitment to Research, Development in Nigeria Energy giant, Shell, has said its research and development strategy is aligned with Nigeria’s 10-year strategic roadmap for local content being implemented by the Nigerian Content Development and Monitoring Board (NCDMB). Managing Director of the deep-water business of Shell in Nigeria, Mrs Elohor Aiboni, said Shell Nigeria
Shell restates commitment to Research, Development in Nigeria Read More »
DPR generates N2.24trn in 8 months, targets N5trn in December By Eyo Nsima The Director of the Department of Petroleum Resources, DPR, Engr. Sarki Auwalu has disclosed that the department has generated 70 per cent of its N3.2 trillion (N2.24trn) revenue in the first eight months of 2021. Auwalu who made the disclosure during a
DPR generates N2.24trn in 8 months, targets N5trn in December Read More »
DPR generates N2.24trn in 8 months, targets N5trn in December By Eyo Nsima The Director of the Department of Petroleum Resources, DPR, Engr. Sarki Auwalu has disclosed that the department has generated 70 per cent of its N3.2 trillion (N2.24trn) revenue in the first eight months of 2021. Auwalu who made the disclosure during a
DPR generates N2.24trn in 8 months, targets N5trn in December Read More »
By Miguel Artacho Although The Gambia is actively exploring offshore areas to tap into hydrocarbons potential and aims to position itself as one of the new oil producing countries in the MSGBC Basin; by no means is fossil fuel development the only area in which the Gambian authorities are looking to boost the dynamism of
The Gambia launches ambitious renewable energy projects Read More »
Africa Capitalworks stakes equity investment in Dorman Long By Eyo Nsima Africa Capitalworks, ACW, a Sub-Saharan Africa-focused private equity company, Wednesday, made a significant equity investment in Dorman Long Engineering Limited, DLE. DLE, an indigenous company, which provides high value engineering services, fabrication, asset management and galvanising services to a range of high quality international
Africa Capitalworks stakes equity investment in Dorman Long Read More »
