News

Dr. Army Jadesimi, The Managing Director of LADOL Free Zone, has stated that Lagos State can take a share of a new USD 12 trillion markets by creating fair competition that enables private sector companies to compete and grow sustainable businesses. For almost all the new jobs the world needs, …

Seplat Petroleum Development Company Plc, the operator of the NPDC/SEPLAT Joint Venture assets, OMLs 4, 38 & 41, in partnership with the Sapele Okpe Community in Delta State, has expanded access to equal and qualitative higher education with the commissioning of the National Open University of Nigeria (NOUN), Sapele Teaching Centre, in …

HOPE Consortium, the UAE-based public-private partnership tasked with coordinating the safe and efficient international distribution of billions of doses of COVID-19 vaccines, has announced the addition of new partners to expand its global reach and strengthen logistical solutions. Joining a group of world-renowned freight forwarders, Bolloré Logistics, CEVA Logistics, DB …

Seplat announces that the Court of Appeal sitting in Lagos has today suspended the Order of Interlocutory Injunctions made by the Lagos Federal High Court that led to the sealing of Seplat’s Corporate Head Office situated in a building located at 16A Temple Road, Ikoyi, Lagos, a building which is …

Fugro is taking part in an EU co-funded research and innovation project to develop a remote solution for global satellite-derived seafloor mapping. The 3-year project, named ‘4S’ (Satellite Seafloor Survey Suite), will develop an online cloud-based solution that will use highly automated earth observation algorithms and workflows to remotely map …

Fugro has been awarded three geotechnical investigation contracts for IJmuiden Ver, the largest offshore wind farm (OWF) zone to be developed in the Dutch part of the North Sea. The investigations for IJmuiden Ver are the most extensive the Netherlands Enterprise Agency (RVO) has organized to date and the resulting …

Seplat Petroleum Development Company Plc (SEPLAT), a leading indigenous energy company, continues to make notable strides with its drive to improve the standard of education in the country, particularly for its host States. The Company has just introduced another laudable educational program targeted at Secondary School Teachers. The educational program …

Chevron Nigeria Limited (“CNL”), operator of the joint venture between the Nigerian National Petroleum Corporation (NNPC) and CNL (the “NNPC/CNL JV”) together with its affiliates, confirms that it is reviewing its manpower requirements in the light of the changing business environment, while continuing to evaluate opportunities to improve capital efficiency and reduce …

The Nigerian National Petroleum Corporation (NNPC)/Chevron Nigeria Ltd Joint Venture (CNL) has donated a Polymerase Chain Reaction (PCR) laboratory facility to Warri Central Hospital to support the fight against COVID-19 pandemic in Delta State. The provision of the state-of-art molecular laboratory testing center with a brand new PCR machine brings …

Callable capital increases from USD1 billion to USD8.5 billion; Authorized capital also increased to USD20 billion and subscribed capital to USD10 billion; USD500 million will also be transferred from Corporation’s general reserves and retained earnings into its issued and fully paid capital; Announcement follows APICORP’s 2019 financial results, which saw …