NNPCL, Schlumberger Seal Upstream Operations Agreement

NNPCL, Schlumberger Seal Upstream Operations Agreement

As part of strategic reforms aimed at unlocking opportunities in the nation’s oil and gas industry, the NNPC Energy Services Limited (EnServ) and Schlumberger (SLB), a renowned global technology company, have signed a technical partnership agreement towards bolstering upstream operations....
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FG Inaugurates NDDC’s Power Station In Ondo

FG Inaugurates NDDC’s Power Station In Ondo

President Bola Ahmed Tinubu has commissioned the multi-billion naira 132KV Transmission Line and I32KV/33KV electricity substation at Ode-Erinje in Okitipupa Local Government Area of Ondo State.Speaking at the commissioning ceremony, the President, who was rep...
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TotalEnergies Unveils Kaminho Deepwater Project

TotalEnergies Unveils Kaminho Deepwater Project

Chairman and Chief Executive Officer of TotalEnergies, Patrick Pouyanné, met on May 20 in Luanda with João Lourenço, President of Angola, Diamantino Azevedo, Minister of Mineral Resources, Oil & Gas (MIREMPET), Paulino Jerónimo, Chairman and CEO of ANP...
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Bonny Gas Transport Charters Eco-Friendly Newbuild Vessel

Bonny Gas Transport Charters Eco-Friendly Newbuild Vessel

Bonny Gas Transport Limited (BGT), a subsidiary of Nigeria LNG Limited (NLNG), has chartered a newbuild vessel, AKTORAS, in a strategic move to diversify and reduce the carbon footprint of its shipping portfolio.  BGT was founded in 1989 to provide...
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NADDC To Commence Accreditation Of CNG Conversion Workshops

NADDC To Commence Accreditation Of CNG Conversion Workshops

To ensure safety and standard, the National Automotive Design and Development Council (NADDC) has concluded arrangements to commence the accreditation and certification of Compressed Natural Gas (CNG) powered Vehicles Conversion Workshops in Nigeria. This was ...
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TotalEnergies Supports Clean Cooking In Africa, India With $400m

TotalEnergies Supports Clean Cooking In Africa, India With $400m

At the Clean Cooking Summit organized by the International Energy Agency (IEA), TotalEnergies announced its ambition of giving 100 million people in Africa and India access to clean cooking by 2030.  Under the arrangement, TotalEnergies will invest m...
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NNPC E&P Ltd, NOSL Hit First Oil In OML 13 In Akwa Ibom

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

The Nigerian National Petroleum Company 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....
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Oil Firms: CBN Relaxes Restriction On Repatriation Of Forex

Oil Firms: CBN Relaxes Restriction On Repatriation Of Forex

The Central Bank of Nigeria (CBN) has relaxed its initial restriction on the repatriation of forex proceeds by international oil firms operating in the country. In a circular dated May 6, 2024 signed by the Director, Trade and Exchange Department,...
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NNPCL Cautions Against Panic Buying

NNPCL Cautions Against Panic Buying

The Nigerian National Petroleum Company (NNPC) Limited has cautioned against panic buying, saying it has over 1.5 billion litres of  Premium Motor Spirit (PMS), also known as petrol.   A statement issued by the company’s Chief Corporate C...
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Petrol Marketers Threaten Strike Over ₦200b Debt

Petrol Marketers Threaten Strike Over ₦200b Debt

Members of the Independent Petroleum Marketers Association of Nigeria (IPMAN) have threatened to cripple the supply of Premium Motor Spirit (PMS), also known as petrol, over non-payment of ₦200bn bridging claims. The threat comes following cur...
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NCDMB Receives N450m Interim Dividend From Waltersmith Modular Refinery 

NCDMB Receives N450m Interim Dividend From Waltersmith Modular Refinery 

The Nigerian Content Development and Monitoring Board (NCDMB) announced on Monday that it had received an interim dividend payment of N450 million out the N1.5billion declared by the Waltersmith Refinery and Petrochemical Company Limited. This payment rep...
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NGF Seeks Safer Transportation Of Petroleum Products

NGF Seeks Safer Transportation Of Petroleum Products

Discussions are advancing among the 36 state governors and strategic federal agencies in the oil and gas industry over the adoption of safer methods of transportation of petroleum products across the country, the Nigerian Governors Forum (NGF) disclosed on Sun...
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TotalEnergies Unfolds LNG Project In Omar

TotalEnergies Unfolds LNG Project In Omar

France’s energy giant,  TotalEnergies has made a final investment decision (FID) for a liquefied natural gas (LNG) project in Oman, designed to run on solar power and serve as the first LNG bunkering hub in the Middle East.   This ga...
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TotalEnergies Acquires Stake In Gas Firm With $530m

TotalEnergies Acquires Stake In Gas Firm With $530m

TotalEnergies has signed an agreement with Sapura Upstream Assets Sdn Bhd (SUA) to acquire its 50% interest in Malaysian independent gas producer and operator SapuraOMV Upstream Sdn (SapuraOMV) for a consideration of $530 million, subject to closing adjustment...
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