Oil & Gas

Shell Companies in Nigeria have emerged the International Oil Company with the most impactful Local Content Initiatives in the upstream category at the 2019 edition of the Nigerian Oil and Gas Opportunity Fair (NOGOF) held in Yenagoa, Bayelsa State on April 4, 2019. Shell beat other competitors, Total and Exxon …

  L-R: The Executive Secretary, Nigerian Content Development and Monitoring Board, Mr. Simbi Wabote; Social Performance Adviser, Shell Nigeria Exploration and Production Company (SNEPCo), Hope Nuka; and the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu at the opening session of the 2019 Annual Conference and Exhibition of the …

Worried by the growing incidents of petroleum products smuggling across the nation’s border towns, the Nigerian National Petroleum Corporation, Nigeria Customs Service (NCS) and the Department of Petroleum Resources (DPR) have agreed to inaugurate a Joint Committee to tackle the menace headlong. The strategic move to tame the malaise was …

Aiteo confirms that the fire reported within its Right Of Way (ROW) of the NCTL on 21 April 2019 has been completely put out. The Security team conducted further inspections at various times yesterday and confirms this position. In line with regulatory requirements, a Joint Investigation Visit (JIV) comprising security …

The Nigerian National Petroleum Corporation (NNPC) has expressed its readiness to partner the Nigerian Red Cross Society (NRSC) towards developing the capacity of the corporation’s staff on disaster management. Dr. Maikanti Baru , Group Managing Director of the corporation disclosed this while receiving the Secretary General of the NRCS, Mr. …

ExxonMobil said today it made a new oil discovery offshore Guyana at the Yellowtail-1 well, marking the 13th discovery on the Stabroek Block. The discovery adds to the previously announced estimated recoverable resource of approximately 5.5 billion oil-equivalent barrels on the Stabroek Block. Yellowtail-1 is the fifth discovery in the Turbot …

After an impressive performance at the recently concluded 40th Kaduna International Trade Fair, the Nigerian National Petroleum Corporation (NNPC) has once again cleared all the major prizes at the 30th Enugu International Trade Fair, including the Overall Best Participating Organization award. The awards which were presented to the corporation’s contingent at the …

  The management of Sahara Energy Resource Limited (Nigeria) has stated that the company has no outstanding facilities with the United Bank for Africa Plc(UBA), contrary to media reports sourced from a petition filed by UBA. In a statement on the Sahara Group website, the Management said that it had …

Contrary to speculation that the Brass LNG has gulped $22 billion, the Nigerian National Petroleum Corporation (NNPC) has confirmed that the actual historical amount spent on the project from inception till date was about $1.2 billion against the alleged figure, a press release by NNPC Group General Manager, Group Public …

The Nigerian National Petroleum Corporation (NNPC) has restated its commitment to the sustenance of the present seamless supply and distribution of petroleum products across the country. Dr. Maikanti Baru, Group Managing Director of the corporation, made this commitment during the NNPC Special Day at the 30th Enugu International Trade Fair. Dr. …