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WIEN takes gender debate to SAIPEC 2023
Nigeria’s frontline gender right advocacy group, Women in Energy Network (WiEN), will from Wednesday in Lagos begin its arguments on gender inclusivity, equity and capacity optimization at the ongoing Sub-Saharan Africa International Petroleum Conference (SAIPEC). The women rights group hosting…
NLNG reaffirms commitment to Finima Nature Park
Nigeria LNG has reaffirmed its commitment to conserving nature and preserving wetlands at its Finima Nature Park on Bonny Island as part of plans to promote decarbonization and green culture. The company stated this on the back of the Federal…
Shell to deploy 2nd FPSO in Bonga
Sopuruchi Onwuka Shell has declared intention to deploy a second production floater in the operated deepwater Bonga fields, ending speculations of possible tie-in of production from contiguous to existing Bonga floating production, storage and offtake (FPSO) vessel which has produced…
FG deploys Julius Berger on Oloibiri Center project
Sopuruchi Onwuka Federal government on Wednesday approved the award of the major contract for the building of the much awaited Olibiri Museum and Research Centre, in Bayelsa State. The museum is conceived to preserve the heritage and developments in the…
Nigerdock plugs into renewables, targets 20MW
Nigerdock has completed the first phase of its shift to renewable energy sources through the installation of solar solutions at Snake Island Integrated Free Zone. Speaking on the initiative, Nigerdock CEO, Maher Jarmakani said: “As a self-sustaining economic hub, improving…
NCDMB attains Platinum performance ranking
The Nigerian Content Development and Monitoring Board (NCDMB) has become the first government agency in the country to attain the rare Platinum level services performance ranking. The agency drives policies and programmes for industrial capacity building, domestic productivity, retention of…
Mainland Oil slashes petrol prices, accelerates services
Nigeria’s newest major marketer, Mainland Oil and Gas Company Limited, has accelerated petrol retail services at all its 34 stations across the country. The company has also slashed the prices of the product at its retail outlets even at a…
NCDMB boss receives Leadership Local Content Award
The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote on Tuesday received the Leadership Local Content Champion of the Year Award at the 14th Leadership Conference and Awards held at the International Conference…
NCDMB pledges sustained African local content devpt
The Nigerian Content Development and Monitoring Board (NCDMB) is ever ready to support other African nations in developing and implementing local content policies as a strategy for improving indigenous participation and value optimization from hydrocarbons and mineral resources. The Executive…
How ExxonMobil earned $6.3 bn/hour, $153 m/day, $56 bn profit in 2022
Sopuruchi Onwuka By controlling cost and taking full advantage of strong demand and high market prices, American multinational oil firm, ExxonMobil, posted annual profit of $56 billion in 2022. The company’s financial performance in the year translates to average daily…
