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‘Investment impasse, not theft, accounts for oil output fall’
Output decline to continue until NUPRC rises to duty NNPC must yield local tussle for value driven partnerships His voice commands power in the petroleum industry where he has traversed the full activity routes and provided leadership to different professional…
Golar Tundra regas floater arrives Italy
Sopuruchi Onwuka Newbuild floating liquefied natural gas regasification (FSR) vessel has arrived Italy to add more gas delivery facilities on the northern Mediterranean coasts as Europe continues to expand its energy supply channels and cut dependence on Russian hydrocarbon fuels….
OML 18 operatorship: Eroton stands up to NNPC
Following the announcement by the Nigerian National Petroleum Company (NNPC) Limited of its sack as the operator of Oil Mining License (OML) 18, Eroton Exploration & Production Company, has countered that it still holds onto its role a the operator…
GE points to gas in Africa’s just energy transiton
A combination of renewables and gas power on the continent could lead Africa to significant emissions reduction while delivering reliable, affordable, and sustainable power, GE has declared. The company which manufactures equipment for hydrocarbon and sundry energy processing and production…
LNG leads Shell’s progress in emissions cut
Sopuruchi Onwuka Investments in natural gas liquefaction and transportation to key power generation hubs have helped Shell cut is operations carbon intensity by significant 30 percent of its 2016 levels, leading the company’s progress in energy transition. Shell is the…
Deportation: Mr Brown pushed aside as Seplat’s CEO
Sopuruchi Onwuka Following a court injunction and immigration hammer, the Chief Executive Officer of Seplat Energy Plc, Mr Roger Brown, has delegated authority to the company’s Chief Operating Officer pending when all issues relating to his immigration status are resolved….
ExxonMobil, Seplat working to unblock $1.2 bn divestment deal
Nigeria to compete for further deepwater investments Sopuruchi Onwuka American multinational oil company, ExxonMobil, is hopeful to progress with its plans to claw back princely $1.2 billion from its brownfield petroleum assets trapped in joint venture operations with the Nigeria…
TotalEnergies’ Egina wins IPTC Excellence Award
Egina, Nigeria’s flagship ultra-deep offshore field operated byTotalEnergies has continued to attract more laurels. The project was declared winner of the Excellence in Project Integration prize at the 15th International Petroleum Technology Conference (IPTC) in Bangkok, Thailand. The award, the…
NCDMB opens $50m NOGAPS manufacturing fund
Sopuruchi Onwuka Domestic productivity enabler, the Nigerian Content Development and Monitoring Board (NCDMB), has launched a new credit facility line for firms willing to collocate in its integrated petroleum equipment manufacturing hubs. The $50 million fund would now swell the…
NNPC rescues OML 18 JV from distressed Eroton
Sopuruchi Onwuka The Nigerian National Petroleum Company (NNPC) Limited has declared transfer of operatorship role in its oil and gas exploration and production joint venture with Eroton on Oil Mining Lease (OML) 18. Following the retrieval of the operator role,…
