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Ubeta Field devpt: NCDMB guarantees patronage for local players
Sopuruchi Onwuka Local players with expertise and capacity for oilfield activities have high hopes participating in the $550 million Ubeta Field development onshore Rivers State. Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr Felix Omotshola-Ogbe, has…
Retail expansion earns N183.3 bn revenue for Eterna Plc
Sopuruchi Onwuka Integrated energy provider in the downstream petroleum market, Eterna Plc, has declared consolidated operating revenue of N183.3 billion in the 2023 operating year, trailing a profit of N7.8 billion. Chairman of the company, Dr. Gabriel Ogbechie, declared at…
The problem with EFCC
(By Michael Owhoko, Ph.D) In every government or institution, there is a corresponding invisible hand that remote-controls its affairs with immense influence over decision-making process, predominantly on matters of interest. In most cases, while the head, and perhaps, the kitchen…
Namibia to unveil Luderitz Basin potential at West Africa Energy Summit
Sopuruchi Onwuka Government of Angola will at the West Africa Energy Summit in September avail the global upstream petroleum players the opportunity of prying to potentials hosted in the country’s popular Luderitz Basin. The Petroleum Commissioner of Namibia, Ms. Maggy…
AGIS demands innovation in Africa’s energy play
Sopuruchi Onwuka The Africa Gas Innovation Summit (AGIS) 2024 has emphasized the urgent need for innovation in Africa’s energy landscape. Speakers at the event which held recently in Abuja that Africa’s vast gas resources present a path to a sustainable…
Axxela beats chest with 8 million man-hours of no LTI
Sopuruchi Onwuka Leading gas and power portfolio company, Axxela Limited, has announced significant 8.0 million man-hours of activity with no lost time to injury (LTI), surpassing the previous 7.0 million man-hours LTI milestone. The landmark achievement further affirms its strict…
NNPC Ltd sets August deadline for OB3 gas pipeline delivery
The much awaited completion of the Obiafu-Obrikom-Oben (OB3) Gas Pipeline project is likely to be delivered by August when the challenging Niger River crossing is expected to be completed. According to the Nigerian National Petroleum Company (NNPC) Limited, the river…
Shell reiterates commitment to Nigeria’s development
Sopuruchi Onwuka Shell Petroleum Development Company of Nigeria Limited (SPDC) has reaffirmed its unwavering commitment to supporting the socio-economic development of Nigeria, especially in its areas of operations in the Niger Delta. SPDC Director and Head of Corporate Relations, Igo…
AKK gas pipeline’s to be ready by Q1, 2025
Sopuruchi Onwuka The ambitious Ajaokuta-Kaduna-Kano (AKK) gas pipeline will start channeling gas to boost industrial activities in the northern parts of the country by early next year, according to the Nigerian National Petroleum Company (NNPC) Limited. When commissioned, the AKK…
EKEDC herds another set of vandals into jail
Sopuruchi Onwuka Two young men have been arraigned and jailed for vandalizing the power distribution facilities in the network of Eko Electricity Distribution Company (EKEDC). According to the power distribution company, a community within the Satellite Town area of Lagos…
