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Divestments: ‘No, we’re not leaving onshore,’ IOCs tell Nigeria
Sopuruchi Onwuka Despite the prevailing rave about the exit of foreign multinational companies from joint venture operations with the Nigerian National Petroleum Company (NNPC) Limited, TotalEnergies and Chevron still have a longer outlook for portfolios located onshore Niger Delta. Shell…
Shell’s $5 bn Bonga North development on table for 2024 FID
Sopuruchi Onwuka The Nigerian deepwater petroleum play is set to witness increased output as the key multinational players in the country drift from onshore and shallow water operations to more rewarding deepwater exploration and production. Shell Nigeria Exploration and Production…
NNPC Ltd partner US Govt., Deloitte to cut emission at OML 34
Sopuruchi Onwuka The Nigerian National Petroleum Company Limited (NNPC Ltd) has declared that it is working in collaboration with the United States Department of States and international management consultancy firm, Deloitte, to meet its net-zero carbon goals by embarking on…
NNPC shops bigger demand for falling gas output
Sopuruchi Onwuka The federal government has activated global investment campaign that flaunts Nigeria’s huge gas supply potentials instead of available capacity for physical volumes; and this has raised concerns in the industry over the tendency to ignore pressing challenges in…
NCDMB reaffirms commitment to speedy project approvals
Sopuruchi Onwuka The Nigerian Content Development and Monitoring Board (NCDMB) has restated its commitment to accelerated approvals of requests and documents submitted to it by operating oil and gas companies. The goal isto ensure speedy development of oil and gas…
Nigeria missing in 2024 frontier exploration programmes __Rystad
Sopuruchi Onwuka Nigeria which has the most developed petroleum exploration and production plays in Africa is missing in new exploration drilling campaigns mapped by world’s biggest operators in the continent; highlighting the persisting investment apathy by distraught players protesting stringent…
NNPC, WAGC, Temile build LPG carriers
Sopuruchi Onwuka Nigeria is working up its position in the global gas liquids supply niche with more trading vessels underway to bridge supply gaps between the domestic and international fuel markets. According to the Nigerian National Petroleum Company (NNPC) Limited,…
Italy hosts development summit Africa’s devpt, migration
Italian Premier Giorgia Meloni opened a summit of African leaders on Monday aimed at illustrating Italy’s big development plan for the continent that her government hopes will stem migration flows, diversify sources of energy and forge a new relationship between…
Kyari insists NNPC Ltd withheld no public fund
Sopuruchi Onwuka Nigerian National Petroleum Company Limited has declared that it has not failed to remit statutory oil income to the federation account as earlier made public in the damning report f the Nigerian Extractive Industry Transparency Initiative (NEITI). Group…
Ebereonwu canvasses industry-academia collaboration to close skill gaps
Sopuruchi Onwuka Emerging Nigerian petroleum industry policy analyst, Dr Charles Ebereonwu, has called for effective collaboration between the nation’s industrial sector and the academia in order to deepen innovations that propel economic development of the country. Dr Ebereonwu, who currently…
