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Shell cashes out from SPDC JV with $2.4 bn
Sopuruchi Onwuka Shell has finally pulled a foot from the Nigerian conventional petroleum play after selling off the combined interest of multinational private entities in the NNPC/Shell/TotalEnergies/Eni exploration and production Joint venture for a total of $2.4 billion. Shell stated…
Jim Swartz picks the reins at Chevron Nigeria
American oil multinational, Chevron Corporation, has a designated Jim Swartz the new Chairman and Managing Director to oversee it its business interests in Nigeria. Chevron Nigeria Limited which operates a joint venture between the Nigerian National Petroleum Company Limited stated…
NCDMB proffers deepened collaboration with NUPRC, NIACOM
Sopuruchi Onwuka The Nigerian Content Development and Monitoring Board (NCDMB is seeking robust collaboration among government agencies in realizing the prime economic aspirations in the Nigerian petroleum industry, insurance and other linkage sectors. Executive Secretary, Engr. Felix Omatsola Ogbe, who…
NNPC Ltd. wins Whistler’s Transparency, Innovation Award
The Nigerian National Petroleum Company Ltd. (NNPC Ltd.) has won this year’s The Whistler Newspaper’s Award for Transparency and Innovation. The Group Chief Executive Officer (GCEO) of the Company, Mr. Mele Kyari received the award from the Executive Governor of…
Chevron Nigeria Limited restates commitment to Nigeria.
Chevron Nigeria Limited (“CNL”), operator of the joint venture between the Nigerian National Petroleum Company Limited (“NNPCL”) and CNL is aware of a misleading media report alleging that CNL has snubbed Nigeria in terms of investment prospects in 2024. Please…
NCDMB restates commitment to local capacity utilization
The Nigerian Content Development and Monitoring Board (NCDMB) has assured that patronage and deployment of indigenous oil and gas service companies would remain of strategic importance to take advantage of the massive development of operational capabilities since the implementation of…
NNPC Ltd, TotalEnergies adopt methane detection technology
The Nigerian National Petroleum Company Ltd. (NNPC Ltd.) has signed a Memorandum of Understanding (MoU) with TotalEnergies for the adoption and deployment of a methane detection technology known as Airborne Ultralight Spectrometer for Environmental Application (AUSEA) in all its upstream…
FG commissions gas leak detection device factory
The Federal Government through the Ministry of Petroleum Resources on Thursday commissioned the Amal Technology’s production facility for Gas Leak Detection Device and Printed Circuit Board, at Idu, Abuja. The homegrown innovation was initiated by Amal Technologies Limited and supported…
NAOC JV delivers medical equipment to Niger Delta states
Nigerian Agip Oil Company (NAOC) on behalf of NAOC Joint Venture has donated medical equipment to tertiary health institutions and hospitals in its four states of operations in Niger Delta, Nigeria. The commissioning and handover ceremonies were held recently during…
OANDO, ENERGIA build social infrastructure in host communities
Sopuruchi Onwuka Partners in the Oando/Energia oil and gas exploration and production joint venture have completed and commissioned a multi-billion Naira cluster of infrastructure development project in communities contiguous to the production sites. According to Oando Plc, the commissioned projects…
