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Nigerian Content: Marconi pledges cost efficiency, schedule compliance
Sopuruchi Onwuka With the Federal Government pushing to attract new oil and gas investments and cut production costs, Marconi.NG EPC Limited has restated its commitment to delivering projects quickly and at competitive rates. The pledge came on Wednesday during a…
NUPRC: NNPC used up N267.4 bn Frontier Exploration Fund
Sopuruchi Onwuka The Nigerian Upstream Petroleum Regulatory Commission says it has released all approved Frontier Exploration Fund allocations to the Nigerian National Petroleum Company Limited, with no outstanding balance left in the Central Bank of Nigeria account. According to Eniola…
Customer exploitation: FCCPC hits Ikeja Electric, seals office
Sopuruchi Onwuka Officials of the Federal Competition and Consumer Protection Commission (FCCPC) on Thursday swiftly sealed the head office of the Ikeja Electric Distribution Company (IKEDC), also called Ikeja Electric which operates the networks in the inland Lagos State and…
NLNG calls for global collaboration on sustainable LNG future
Nigeria LNG Limited (NLNG) has urged the global gas industry to adopt a new level of collaboration to strengthen supply security, improve affordability for developing economies, and sustain energy expansion amid rising geopolitical tensions and shifting trade patterns. Speaking at…
Renaissance inaugurates flare-reduction project, boosts gas supply
Renaissance Africa Energy Company Limited has commissioned its Southern Swamp Associated Gas Solutions project in Delta State, adding about 100 million standard cubic feet of gas per day to Nigeria’s domestic market. The company says the project also unlocks an…
2025 Licensing Round: NUPRC sets financial baseline for participants despite lower entry bar
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has stressed that only financially solid companies will qualify for the 2025 Licensing Round, even though the approved signature-bonus range has been set at a comparatively low $3 million to $7 million. The…
Shell expands gas network to connect new industrial customers in Ogun State
Shell Nigeria Gas Limited (SNG) is expanding its gas distribution footprint in Ogun State with a new agreement to supply gas to SG Industrial FZE, a major steel producer in the Guandong industrial zone. The deal adds to SNG’s growing…
Heirs Energies, partners sign deals on OML 17 flare gas commercialization
Sopuruchi Onwuka The Nigerian National Petroleum Company (NNPC) Limited and Heirs Energies have formalized Gas Flare Commercialization Agreements for OML 17 under both the Nigerian Gas Flare Commercialization Program (NGFCP) and approved Non-NGFCP frameworks. The agreements moves the project from…
NCDMB takes home Ease of Doing Business Award for straight 4th year
Sopuruchi Onwuka The Nigerian Content Development and Monitoring Board has strengthened its position as a national leader in public sector efficiency, securing the Presidential Enabling Business Environment Council’s Transparency and Efficiency Champion Award for the fourth year in a row….
Stakeholders commend NCDMB on Local Content growth initiatives
Sopuruchi Onwuka The Nigerian Content Development and Monitoring Board received strong commendations from government leaders, lawmakers, and industry figures as it unveiled a fresh set of initiatives, accomplished tasks and confirmation that Nigerian Content has reached 61 percent in the…
