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FG Reiterates Commitment to Utilize Gas for Economic Growth, Prosperity

  …As Tinubu Lauds NNPC Ltd, Partners Over Three Commissioned Gas Projects In line with its renewed hope agenda, the Federal Government has reiterated its determination to utilize Nigeria’s abundant gas resources towards revamping the nation’s industrial growth and kickstarting its economic prosperity. President Bola Ahmed Tinubu disclosed this while commissioning …

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NNPC E&P Ltd, NOSL Hit First Oil in OML 13, Akwa Ibom State

NNPC Exploration and Production Limited (NNPC E&P Ltd), NNPC Ltd’s flagship upstream subsidiary, and Natural Oilfield Services Ltd (NOSL), a subsidiary of Sterling Oil Exploration & Energy Production Company Ltd (SEEPCO), announce the successful commencement of oil production at Oil Mining Lease (OML) 13 in Akwa Ibom State, Nigeria. The …

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Shell’s Bonga Boosted Nigeria’s 2023 Production

Shell Nigeria Exploration and Production Company Ltd (SNEPCo) produced more oil at Bonga last year than the previous one, a review of operations has shown. Nigeria’s first deep-water development produced some 138,000 barrels of oil per day (boepd) in 2023 compared to around 101,000 in 2022. Among other factors, the …

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NOG Energy Week 2024: West African Countries Harnessing Gas for Industrialization to Boost Economic Development

Many African countries are harnessing gas and other cleaner and greener energies to drive their industrialization journey. African countries including Ghana and Nigeria are investing in gas infrastructure and promoting its utilization, and by extension are addressing energy poverty and environmental challenges. The Honorable Minister of Energy for Ghana, H.E. …

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Senate urges Creation of HoldCos for Modular Refiners

By Gladys Johnson Chairman, of the Senate Committee on Petroleum (Downstream), Ifeanyi Ubah, has urged the Federal Government to support the creation of holding companies for clusters of modular refineries as a strategy to ending Nigeria’s fuel scarcity. Mr Ubah, who spoke with journalists on the sidelines of the Offshore …

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NNPC/First E&P JV Empowers NGOs with N53.4m

As part of its Corporate Social Responsibility (CSR) initiatives, the Nigerian National Petroleum Company Limited (NNPC Ltd) and First Exploration & Production Limited (First E&P) joint venture (JV) has donated the sum of N53million to non-governmental organizations (NGOs) in Nigeria. Under the JV’s Impact First Initiative, the donation, targeted towards …

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