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SPDC announces FID on Assa North Gas Project

 By GLADYS JOHNSON The Shell Petroleum Development Company of Nigeria Limited (SPDC) has announced the Final Investment Decision (FID) on the Assa North Gas Development Project in Imo State, a major momentum to the domestic gas aspiration of the Federal Government for increased power generation and industrialization. At peak production, …

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SNEPCo’s Bonga hits 800 million barrels mark

In 13 years of deep-water exploration, the Bonga vessel of the Shell Nigeria Exploration and Production Company (SNEPCo) has produced over 800 million barrels of crude oil, confirming the company as a pacesetter in offshore oil and gas production in the Gulf of Guinea. In its review of the performance …

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Independent Oil Companies Turn Attention to Angola: 2019 Licensing Round, Marginal Fields Drive Explorers’ Interest  

Angola’s licensing round will include a new focus on the development of marginal fields. The Angola Oil & Gas conference will be 2019’s main promotional event for the licensing round and marginal fields. Licensing round and marginal field legislation indicate new strategic direction and opening of Angola’s oil and gas business. Angola …

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The Senate clarifies that $1.05bn NLNG Dividend not missing

   GLADYS JOHNSON Senator Bassey Albert, Chairman of the Senate Committee on Gas, recently clarified that the ongoing investigation of the application of $1.05billion Nigeria Liquefied Natural Gas (NLNG) dividend to support the importation of petroleum products into the country has nothing to do with any missing funds since no …

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NNPC Advises Petroleum Products Consumers against Panic Buying

The Nigerian National Petroleum Corporation (NNPC) has assured petroleum products consumers across the country not to engage in panic buying as it holds 2.6billion litres of Premium Motor Spirit otherwise called petrol and 90,000 metric tonnes of Dual Purpose Kerosene (Kerosene), saying the holding is expected to last 52 days, assuming …

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GE Nigeria launches e-learning portal at Lagos Garage Week 2018

  In line with its commitment to skills development and the empowerment of entrepreneurs in Nigeria, GE the world’s premier digital industrial company, recently launched an e-learning portal for its Lagos Garage advanced manufacturing training program with the objective of extending the training program’s reach to thousands of Nigerians across …

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Shell signs gas supply agreement for Aba power project

The Shell Petroleum Development Company of Nigeria (SPDC) and its joint partners have signed a gas supply and aggregation agreement that will support the 140 Megawatts Aba Integrated Power Project in Abia State. The agreement, signed on Friday in Abuja, was between SPDC, Geometric Power Aba Limited (GPAL); and Gas …

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Baru Charges NNPC Business Units to Deliver on Mandates

As part of the ongoing efforts to reposition the Nigerian National Petroleum Corporation (NNPC), the corporation’s Group Managing Director, Dr. Maikanti Baru, has signed performance agreements with his management team to ensure that all the Autonomous Business Units (ABUs) and Strategic Business Units (SBUs) of the state-owned company deliver on …

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