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Rungas, NCDMB partner in 3 m/yr gas cylinder production
Sopuruchi Onwuka Indigenous gas cylinder producer, Rungas, will in next 18 months scale up output to over 3.0 million type 3 composite cylinders per annum. General Manager, Tarilate Iyabi, who spoke with The Oracle Today in Yenegoa, Bayelsa State, stated…
Snake Island Port to earn FG N3.6 trn revenue
Sopuruchi Onwuka The development and expansion of the Snake Island Port in Lagos State generate over $5.2 billion or N3.6 trillion in revenues for the government of Nigeria under a project outline that commands princely $1.85 billon private investment. The…
Nigerdock to invest N700 bn in Snake Island Port
Sopuruchi Onwuka Nigeria’s leading maritime and logistics company operating an integrated port and free zone in Lagos, Nigerdock, is working out detail of fresh investment that would transform the Snake Island into a robust quayside. The new wharfs would provide…
NOGOF: Industry leaders commit to gender diversity
Sopuruchi Onwuka Operating companies and policy drivers in the Nigerian petroleum industry weekend reached a record-setting consensus on gender diversity, agreeing to provide equal opportunities for all qualified players. The industry leaders comprising public sector players and commercial investors in…
NOGOF unveils N35.7 trn job outlook for oil contractors
Shell leads with $13 bn contracts MOMAN needs contractors for facility revamp Falcon calls for partnership Sopuruchi Onwuka Planned field development and enhanced oil and gas recovery projects in the Nigerian petroleum industry would enrich the domestic economy with over…
America dethrones OPEC at oil export market
ExxonMobil finds substitute to Nigeria’s light sweet crude in Guyana Sopuruchi Onwuka The American continent is projecting strong outlook for oil output in the year, claiming the status of swing producer from non-American members in the multilateral Organization of Petroleum…
WIEN demands full incentives for gas sector investments
Sopuruchi Onwuka Gender diversity group in the Nigerian energy industry, Women in Energy network (WIEN), has called on government to consider well focused policies and incentives that would spur the highly needed investments in realizing the nation’s prime economic aspirations…
NCDMB challenges Orbit to upgrade galvanizing plant
Sopuruchi Onwuka Federal government has challenged the Orbit Galvanized Steel Industries Limited to work assiduously on getting the relevant certifications and meeting the regulatory standards of the oil and gas industry. Executive Secretary of the Nigerian Content Development and Monitoring…
BoI declares support for MARKET ACCESS for MSMEs events
Bank of Industry has declared support for the Market Access for MSMEs 2023, the major national convergence for last mile players and all stakeholders in the Nigerian downstream economic activities. Industry journal, MSMEs Today, declared in a statement that the…
NCDMB rallies oil contractors with NOGOF 2023
Sopuruchi Onwuka The Nigerian Content Development and Monitoring Board (NCDMB) will in the middle of next month host a robust expo on contract opportunities in the upcoming projects in the petroleum industry. The event which is in its fourth edition…
