Business

A total of 9,000 youths in the Niger Delta have acquired entrepreneurial skills in the LiveWIRE program of The Shell Petroleum Development Company of Nigeria Limited (SPDC) since it was introduced in 2003 as part of efforts to boost employment opportunities among people aged 18 – 35 years. The recipients …

Seplat Energy Plc, the foremost indigenous energy company, says it is actively pursuing a range of initiatives to decarbonize its operations and support a sustainable energy transition as part of its climate commitments and operational excellence strides. The company’s key measures in this regard include ending routine gas flaring; investments …

This milestone reaffirms NAE’s commitment to partnering with local companies that excel in safety and operational excellence to maximize Nigerian participation in the energy industry.   Eni’s subsidiary Nigerian Agip Exploration Limited (NAE) and STAC Marine celebrate one year of successful collaboration for the operation and maintenance of the Floating, …

Shell companies in Nigeria and staff won awards in recognition of their robust participation at the 42nd Annual International Conference and Exhibition of the National Association of Petroleum Explorationists (NAPE) which ended in Lagos last night. This was as the Managing Director of Shell Nigeria Exploration and Production Company (SNEPCo) …

Shell will continue to drive progress in Nigeria’s drive for energy security through its businesses in the Upstream, Midstream, downstream, and Renewables sectors, Osagie Okunbor, Country Chair of Shell Companies in Nigeria and Managing Director of The Shell Petroleum Development Company of Nigeria Ltd (SPDC), said recently in Lagos. In …

In what could be described as a major boost to the Nigerian maritime sector and international trade, the management of Lekki Port LFTZ Enterprise Limited (LPLEL), Lekki Freeport Terminal, and the Lagos Free Zone have launched the COSCO, ONE (Ocean Network Express), and ZIM alliance services at Lekki Deep Sea …

Nigeria’s Minister of Solid Minerals Development, the Honorable Dr. Dele Alake, says the theme of this year’s Nigeria Mining Week: “From the Inside Out: Building the Mining Sector to be the Cornerstone of Nigeria’s Economy,” reflects the ministry’s “unwavering commitment to creating a mining industry that anchors national prosperity, supports …

  McDermott International Ltd. recently announced that it has reached an agreement with the holders of most of its Series A Preference Shares, par value $0.001 per share, to voluntarily redeem or exchange all Series A Preference Shares into the Company’s Class A ordinary shares, $0.001 par value per share. …

McDermott has been awarded a large* engineering, procurement, removal, and disposal (EPRD) contract by Santos for the decommissioning of the Harriet Alpha platform and associated infrastructure, located offshore Western Australia. The contract follows the successful execution of the Campbell decommissioning project for Santos in Australia. Part of the Harriet Joint …

The Shell Petroleum Development Company of Nigeria Limited (SPDC JV) – Operator of the NNPC Limited, SPDC, TotalEnergies, and Nigerian Agip Oil Company Joint Venture– has, announced the donation of US$1 million to support efforts to provide relief to over half a million people displaced in flood impacted communities of …