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NNPC Ltd, OPEC pledge collaboration to attract investments, grow production
The Nigerian National Petroleum Company Limited (NNPC Ltd) and the Organization of the Oil Exporting Countries (OPEC) have pledged to work closely together to achieve the nation’s aspirations to attract investments and grow production. The two organizations came to this…
TotalEnergies wins the Upstream Company of the Year Award at 2024 NIES
TotalEnergies has been rated the Upstream Company of the Year (2023) at the ongoing Nigeria International Energy Summit, NIES, in Abuja. The announcement was made at the NIES 2024 Gala Dinner & Awards which took place on Tuesday February 27…
Udoma Udo Udoma, Bello Rabiu enrich Seplat’s board
Sopuruchi Onwuka Leading Nigerian energy company, Seplat Energy, has announced the appointment of Mr. Udoma Udo Udoma as the Company’s new Independent Non-Executive Chairman to succeed Mr. Basil Omiyi who will retire on March 31, 2024. Seplat which is dual…
NNPC advocates collaborative war room to tackle operating challenges
The Nigerian National Petroleum Company Limited (NNPC Ltd) has called for deeper collaboration among upstream operators, especially independent producers, to find solutions to the challenges hindering the effective development of divested assets in the nation’s oil and gas industry. The…
HEOSL Calls for Qualitative R & D for Sustainable Development in African Oil and Gas Industry
Ado Oseragbaje, CEO, Heritage Operational Services Limited (HEOSL), Operator of OML 30 on behalf of the NNPC Exploration and Production Limited (NEPL) and Shoreline Natural Resources Limited (SNRL) has called for more high-quality Research and Development for the sustainability of…
OPEC+ countries extend 2.2 mbd voluntary cuts for Q2
Sopuruchi Onwuka The OPEC Secretariat has declared the announcements of several OPEC+ countries extending additional voluntary cuts of 2.2 million barrels per day, aimed at supporting the stability and balance of oil markets. These voluntary cuts are calculated from the…
ExxonMobil deploys Helix in Erha, Usan well intervention
Sopuruchi Onwuka Helix Energy Solutions Group, Inc. has declared that it secured a deepwater well intervention contract from Esso Exploration and Production Nigeria (Deepwater) Limited. The Oracle Today reports that the continued reliance on foreign firms amplify the yawning local…
Eni brings Congo LNG online
Eni has realized the successful start-up of LNG production in the Republic of the Congo. The Congo LNG project, sanctioned in December 2022, came on stream after just one year, in line with the initial timeline. The project, situated within…
AfCFTA: NCDMB Advocates unified, data based standards for Goods, Services
Sopuruchi Onwuka As plans to implement the African Continental Free Trade Agreement (AfCFTA) continue to unfold, the Nigerian Content Development and Monitoring Board (NCDMB) has advocated the removal of visa restrictions among African nations, the creation of a database of…
Investments by IOCs to drive Africa’s oilfiled activities in 2024
Sopuruchi Onwuka Investment pledges by the leading international oil companies (IOCs) are showing positive business propositions for service providers, drilling contractors that play in the African petroleum terrains. Some of the IOCs including TotalEnergies, Shell and Chevron have all confirmed…
