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NCDMB throws weight behind 100 kbd refinery project

Stakes funds in 20% equity Sopuruchi Onwuka The push for local refining capacity expansion has become intense with Nigerian Content Development and Monitoring Board (NCDMB) adding its weight to drive through a new 100,000 barrels per day (100 kbd) crude…

NCDMB brokers pan-industry commitment to local linepipe usage

Sopuruchi Onwuka Players in the Nigerian petroleum sector have declared their commitment to utilization of locally produced line pipes in the full industry value chain as a way of accelerating realization of targets set by the Nigerian Oil and Gas…

IWD 2025: WIEN adopts hundreds of Lagos girls for STEM mentorship

Sopuruchi Onwuka Leading gender equity advocate in Africa, Women in Energy Network (WIEN), on Thursday adopted over 200 college girls for mentorship to prepare them for careers in science, technology, engineering and mathematics (STEM). According to WIEN, the mentorship programme…

OML 30 partners commend NCDMB on efficiency, effectiveness

Restate commitment to Nigerian Content compliance Sopuruchi Onwuka Management of OML 30 Joint Venture has commended the management of the Nigerian Content Development and Monitoring Board (NCDMB) on its effective leadership and value creation in the nation’s economy. The management…

Seplat Energy pumps 2024 revenue to N1.652 Trn

* Operating Profit hits N647.9bn Sopuruchi Onwuka Nigeria’s leading independent energy company, Seplat Energy PLC, has declared momentous N1.652 trillion in operating revenue for in 2024, trailing an operating profit of N647.9 billion. The company stated on Tuesday that the…

NIES 2025: Shell wins Best Upstream Company 2024 award

Shell Nigeria has won the Best Upstream Company 2024 award at the Nigerian International Energy Summit (NIES) which concluded in Abuja weekend. Shell stated in a release that the award which was received by Senior Vice President, Nigeria Marno de…

NCDMB commends SPDC on fabricating mooring buoys in Warri

The Nigerian Content Development and Monitoring Board (NCDMB) has commended The Shell Petroleum Development Company of Nigeria Limited (SPDC) for in-country fabrication of two Single Point Mooring (SPM) buoys. Shell awarded production of the offtake facilities to Warri based indigenous…

Seplat Energy is driving growth with best practices _Roger Brown

Nigeria’s leading indigenous energy company, Seplat Energy Plc, has attributed its exponential growth over the years to well thought-through strategies, strong governance practice and dedicated people, stressing that the quest to develop Nigeria and the support from the Nigerian government…

Shell pledges support for petroleum industry reforms

Shell has pledged support for the recent reforms in the oil and gas industry in Nigeria, describing them as a good way to reposition the sector for growth and profitability. “We welcome the reforms by the Nigerian Upstream Petroleum Regulatory…

NIES: Lokpobiri hails Shell on high value exhibition

Shell companies in Nigeria underlined their participation at the 8th Nigeria International Energy Summit (NIES) in Abuja with a high-profile exhibition that hosted dignitaries among them the Minister of State for Petroleum Resources (Oil) Senator Henieken Lokpobiri. The Minister was…