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NNPC Moves to Expand Domestic LPG Market 

The Nigerian National Petroleum Corporation (NNPC) has commenced the process of expanding the nation’s Liquefied Petroleum Gas (LPG) market through the selection of reputable companies to off-take Natural Gas Liquids (NGLs) for domestic and international markets. The exercise which took place at the NNPC Towers in Abuja saw 223 companies …

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SNEPCo paid N366 billion in revenue to Nigerian government in 2018

Nigeria’s foremost deep-water oil and gas company, Shell Nigeria Exploration and Production Company Limited (SNEPCo), paid N366 billion in 2018 as revenue to the federal government from its exploration activities, while it made another N2.1 billion as statutory payment to the Niger Delta Development Commission, SNEPCo’s Managing Director, Bayo Ojulari, …

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NNPC Posts $490.03 million Export Sale of Crude Oil and Gas

 The Nigerian National Petroleum Corporation (NNPC) posted a total export sale of crude oil and gas of $490.03million in February 2019 which is 32.45 per cent higher than the previous month’s sale. NNPC Group General Manager, Group Public Affairs Division, Mr. Ndu Ughamadu, in a release of the February 2019 …

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Chevron is fighting to put off the Ojumole Well Fire  

Chevron Nigeria Limited has announced that the Ojumole Well fire would be put out very soon. According to Esimaje Brikinn, who spoke during the public hearing at the Ondo state House of Assembly, recently, said that the fire is a technical fire which requires special handling and the oil major …

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In Houston OTC, Baru Bags 2019 PETAN Award for Local Content Dev’t

  The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, was conferred with the 2019 Petroleum Technology Association of Nigeria (PETAN) Outstanding Lifetime Achievement Award in recognition of his leadership and contributions to the development of the local content in the nation’s Oil and Gas …

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Nigeria Generates Over $180bn Revenue from Deepwater Operations

Nigeria’s Deepwater operations have generated revenue exceeding $180billion following industry players’ capital investment in excess of $65billion with the potentials for growth amidst untapped abundant opportunities in the sector. The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, made this disclosure while delivering a paper …

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Baker Hughes, a GE company wins Turbomachinery Contract for BP  

Baker Hughes, a GE company announced that it has been awarded a contract to supply turbomachinery equipment for the first phase of BP’s Greater Tortue Ahmeyim floating liquefied natural gas (FLNG) project located offshore Mauritania and Senegal. BHGE will provide the technology for four compressor trains for offshore gas liquefaction …

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