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Growth Target: Petroleum players demand less distraction from lawmakers
Sopuruchi Onwuka For the petroleum players to assist the present administration of the federal government meet its mandate of increasing the nation’s oil output by a million barrels per day in the immediate term, the lawmakers need to end the…
Shell goes bullish in Nigeria’s deepwater with 67.5% stake in OML 118
*Pays $1.208 bn royalties to FG, maps $5 bn for Bonga North project *Dazzles NOG delegates with elaborate exhibition Sopuruchi Onwuka After loading off its onshore exploration and production portfolios with the basket divestment of Shell Petroleum Development Company (SPDC)…
Gas players demand collaborative ecosystem to unlock Nigeria’s full potential
Sopuruchi Onwuka Top brass of Nigeria’s gas players have called on the government to facilitate evolution of a collaborative ecosystem that makes the operating environment congenial for realization of prime national economic aspirations for the gas industry. Eminent panelists at…
NNPC says internal sabotage has risen against imminent reforms
Sopuruchi Onwuka The new leadership of the Nigerian National Petroleum Company (NNPC) Limited has declared that it facing internal resistance to ongoing reforms conceived to reposition the company for greater efficiency. It also vowed to remain focused and undeterred in…
Local Content: NLNG demands domesticated industry technology
Africa’s lead gas exporter, the Nigeria Liquefied Natural Gas (NLNG) Limited, has restated its proposal for evolving custom technology that would enhance the utilization of local goods and services in the Nigerian energy industry. Deputy Managing Director, Olakunle Osobu, who…
NCDMB to champion “Nigeria First” policy in petroleum sector
The Nigerian Content Development and Monitoring Board (NCDMB) has pledged its full commitment to implementing the recently introduced “Nigeria First” policy, a key directive of President Bola Ahmed Tinubu’s administration aimed at boosting local production and patronage of locally made…
Nine million hours of zero LTI: Axxela celebrates operational excellence
Sopuruchi Onwuka Africa’s eading gas and power portfolio company, Axxela Limited, has declared significant safety milestone of nine million man-hours with zero lost time injury (LTI) across its operations. Axxela stated in a media release weekend that the feat showcases…
WIEN’s Woman Podcast: Engr Omezi speaks on ‘Local Content and Diversity’
Sopuruchi Onwuka The relationship between the highly applauded local content policies in the Nigerian petroleum industry and the resilient voices in the call for gender equity in the energy sector has been made clearer for those who would listen to…
NCDMB pledges support for Yikodeen’s safety footwear production
The Nigerian Content Development and Monitoring Board has pledged its full support to ensure that world-class safety boots being manufactured by Yikodeen Company Limited are utilized in-country. Yikodeen inaugurated its expanded safety footwear manufacturing plant in Ejigbo, Lagos State, a…
NCDMB, Dangote to collaborate on Local Content
The Nigerian Content Development and Monitoring Board (NCDMB) and the Dangote Petroleum Refinery and Petrochemical Company have inaugurated a Joint Technical Committee (JTC) aimed at advancing local content implementation during the operational phase of the 650,000 barrels per day refinery…
