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PIA 2021: NCDMB sees accelerated economic development
The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Wabote has stated that the Petroleum Industry Act (PIA) 2021 will enable the development of host communities, reduce funding pressure on government, boost capacity development in…
Decarbonization must relate to national energy contexts __Orjiakor
In recognition of the challenges in achieving strategy consensus on energy transition, Chairman of Seplat Energy Plc, Dr. ABC Orjiako, has canvassed a global collaboration that recognizes country specific contexts. Dr Orjiakor who spoke at the 2021 Milken Institute Global…
Seplat pledges right energy transition for Nigeria
Key projects to go live by H1, 2022 Sopuruchi Onwuka Indigenous independent energy firm, Seplat Energy Plc, has declared its plan to drive energy transition that would address the prevailing supply challenges in the domestic market while making returns to…
Access Bank saga: Seplat acquires assets of Cardinal Drilling Services
Sopuruchi Onwuka Indigenous Energy firm, Seplat, has taken over four rigs operated by Cardinal Drilling Services and will continue to deploy the service tools in its operations in future. The acquisition, according the company’s Managing Director, Mr Roger Brown, was…
NCDMB restates emphasis on indigenous asset ownership
Sopuruchi Onwuka Federal government has restated its emphasis on asset ownership as key capacity development index for consideration of indigenous companies for internal petroleum industry job execution. Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr Simbi…
Shell unveils new energy business line in Nigeria
Global energy company, Shell, has announced a new business line in Nigeria to expand natural gas marketing and sales to meet the rapidly growing energy needs of wholesale customers and provide more and cleaner energy solutions in the country. Building…
COP26: Energy transition confronts oil resilience
Sopuruchi Onwuka The world would in the first week of November be in dilemma with dicey decision on the fate of fossil fuel as high energy prices spark off strong inflationary trends that hurt the economies of the rich industrialized…
Total Energies modifies, upgrades Startupper challenge
Sopuruchi Onwuka French energy multinational, TotalEnergies, has launched the third edition of its business Startupper Challenge which is traditionally designed to encourage, incubate and mentor smart business ideas into sustainable and viable enterprises. Executive General Manager, TotalEnergies Country Services, Mrs…
Photo news: Kyari Bags “The Sun Man of The Year” Award
The Group Managing Director and Chief Executive Officer (GMD/CEO) of the of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has added the “The Sun Man of The Year Award” to his numerous accolades from the media industry. The…
Investment downturn drains OPEC output capacity
Sopuruchi Onwuka Falling investments in petroleum development and production accounts for inability of key oil producing nations to respond calls from the market for increased supply volumes amidst the prevailing global supply crisis. The Organization of Petroleum Exporting Countries (OPEC)…
