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NCDMB brokers pan-industry commitment to local linepipe usage

Sopuruchi Onwuka Players in the Nigerian petroleum sector have declared their commitment to utilization of locally produced line pipes in the full industry value chain as a way of accelerating realization of targets set by the Nigerian Oil and Gas…

Seplat Energy is driving growth with best practices _Roger Brown

Nigeria’s leading indigenous energy company, Seplat Energy Plc, has attributed its exponential growth over the years to well thought-through strategies, strong governance practice and dedicated people, stressing that the quest to develop Nigeria and the support from the Nigerian government…

NIES: Lokpobiri hails Shell on high value exhibition

Shell companies in Nigeria underlined their participation at the 8th Nigeria International Energy Summit (NIES) in Abuja with a high-profile exhibition that hosted dignitaries among them the Minister of State for Petroleum Resources (Oil) Senator Henieken Lokpobiri. The Minister was…

Price reduction: Dangote refunds N16 bn to MRS, Heyden, AP

Sopuruchi Onwuka Dangote Petroleum Refinery & Petrochemicals has declared a N16 billion refund to its primary offtakers in the domestic petroleum market as it marks down pump prices petrol from supply source. According to a statement released by the refiner,…

NCDMB canvasses pan-Africa local content front

Executive Orders lead to 4 FIDS. Sopuruchi Onwuka The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, on Tuesday in Abuja charged oil and gas industry stakeholders in Africa to institute an Africa-wide…

WAPCo resumes regional gas supply after conduit maintenance

Sopuruchi Onwuka The West African Gas Pipeline Company (WAGPCO) has declared successful resumption of gas supply from Nigeria and Ghana to the West African region. General Manager in charge of Corporate Affairs, Dr Isaac Adjei Doku, stated in a media…

NCDMB, APPO to establish African local content centers of excellence

Sopuruchi Onwuka  The Nigerian Content Development and Monitoring Board (NCDMB) and the African Petroleum Producers’ Organization (APPO) have restated their partnership towards establishing African centers of excellence in local content development. Both organizations also encouraged African petroleum producing countries to…

NLNG blames insecurity for underperformance

Sopuruchi Onwuka  The Nigerian Liquefied Natural Gas (NLNG) Limited has laments incessant attacks on its pipeline facilities, blaming the situation for underutilization of capacity at its plans in Bonny. Managing Director, Mr Phillip Mshelbila, stated in Abuja that insecurity in…

Seplat pledges low cost energy supply in Nigeria

Sopuruchi Onwuka Managing Director of Seplat Energy PLC, Mr Roger Brown, has declared the commitment of the company to lead supply of low cost energy to propel Nigeria’s economic and social advancement. He also pledged the company’s determination to deploy…

Nigeria to close $20bn petroleum investments in 2025

* AEB to host AfreximBank’ $13 bn energy finance portfolio  Sopuruchi Onwuka Significant $20 billion or N34 trillion of new investments are underway in the Nigerian petroleum industry. The revelation which came from the Minister of State for Petroleum Resources…