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NOG

Business Economy Energy Labour

NNPC, NCDMB, NiPeTE task professionals on competence-driven energy workforce

Industry leaders have challenged young professionals to prioritise competence, continuous learning and value creation as they prepare to lead the next phase of Nigeria’s energy transition, stressing that technical skills alone are no longer sufficient to succeed in an increasingly…

Nigerian Content hits historic 61%, NCDMB targets manufacturing room

Board plans nationwide capacity audit, new vendor development programme Warns firms against withholding statutory local content fund remittances Says faster project approvals critical to sustaining industry growth Nigeria’s 15-year drive to deepen indigenous participation in the oil and gas industry…

Business Economy Energy

Low oilfield activity level threatens petroleum production targets  – PETAN

Says weak project pipeline, capacity redundancy, funding gaps challenge targets Despite commitments by major international oil companies to invest an estimated $45 billion in Nigeria’s upstream petroleum sector, low oilfield activity and underutilisation of existing industry capacity continue to threaten…

Nigeria’s laying regulatory model for Africa’s petroleum industry _Komolafe

Sopuruchi Onwuka Governments of petroleum producing countries in Africa may need to adopt the well conceived and robustly developed regulatory templates that are already in operation in Nigeria as the continent works towards harmonized standards and cross border infrastructure build…

Shell goes bullish in Nigeria’s deepwater with 67.5% stake in OML 118

*Pays $1.208 bn royalties to FG, maps $5 bn for Bonga North project  *Dazzles NOG delegates with elaborate exhibition Sopuruchi Onwuka After loading off its onshore exploration and production portfolios with the basket divestment of Shell Petroleum Development Company (SPDC)…

Gas players demand collaborative ecosystem to unlock Nigeria’s full potential

Sopuruchi Onwuka Top brass of Nigeria’s gas players have called on the government to facilitate evolution of a collaborative ecosystem that makes the operating environment congenial for realization of prime national economic aspirations for the gas industry. Eminent panelists at…

OPEC Secretary General, Barkindo, is dead

Sopuruchi Onwuka Secretary General of the Organization of Petroleum Exporting Countries (OPEC), His Excellency, Dr Mohammed Barkindo is dead! Dr Barkindo who delivered a keynote address at the opening ceremony of the Nigeria Oil and Gas (NOG) conference and exhibition…