Seplat Energy Appoints Basil Omiyi Non-Executive Chairman

Seplat Energy Appoints Basil Omiyi Non-Executive Chairman

Seplat Energy PLC, a leading Nigerian energy company dual listed on both the Nigerian and the London Stock Exchanges has appointed  Mr. Basil Omiyi, CON, the Company’s new Independent Non-Executive Chairman.  A statement expained that his appointment follows a thorough assessment...
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Seplat Post $177m Pre-Tax Profit For 2021

Seplat Post $177m Pre-Tax Profit For 2021

Seplat Energy Plc has recorded a pre-tax profit of $177million for the year ended December 2021, amounting to 321 per cent higher than the $80 million recorded by the company, which is listed on the Nigerian Exchange and the London...
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Sylva Lauds Seplat On Exxon Mobil Shares Acquisition

Sylva Lauds Seplat On Exxon Mobil Shares Acquisition

Minister of State, Petroleum Resources, Chief Timipre Sylva has commended Seplat Energy Plc on its recent acquisition of the entire share capital of Mobil Producing Nigeria Unlimited (MPNU) from ExxonMobil Corporation, Delaware, United States of America.&...
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Heirs Oil & Gas’ OML 17wins PFI Africa Deal Of The Year 

Heirs Oil & Gas’ OML 17wins PFI Africa Deal Of The Year 

Africa’s integrated energy company has been awarded the ‘Africa deal of the year 2021’byProject Finance International (PFI), following the $1.1 billion financing and acquisition of45% stake in OML 17 in 2021. The award ceremony which took placeon Monday,...
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NLNG At 33, Counts Gains

NLNG At 33, Counts Gains

By Moses Ebosele, ebosele@hotmail.com The Nigeria Liquefied Natural Gas (NLNG) has reiterated its commitment to provide cleaner energy to Nigeria and the world.  In a message to mark 33 years of existence on Tuesday, the Managing Director/Chief Execu...
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Samsung Secures Order For 11 New LNG Carriers

Samsung Secures Order For 11 New LNG Carriers

South Korean shipbuilders Korea Shipbuilding & Offshore Engineering and Samsung Heavy Industries have won orders for a total of seven new LNG carriers.   On 17 May, KSOE said it won a $910 million (1.17 trillion KRW) order to construct...
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NCDMB To Host Summit On Midstream, Downstream Operations

NCDMB To Host Summit On Midstream, Downstream Operations

 By Moses Ebosele, ebosele@hotmail.com The Nigerian Content Development and Monitoring Board (NCDMB) has concluded plans to host the maiden edition of the Nigerian Content Midstream/Downstream Oil & Gas Stakeholders Summit, with theme, Maximizing...
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NPA Partners NLNG On Vessel Traffic Services

NPA Partners NLNG On Vessel Traffic Services

By  ebosele@hotmail.com The Nigerian Ports Authority (NPA) is working closely with the Nigeria Liquefied Natural Gas (NLNG) to deploy Vessel Traffic Services (VTS) in Bonny.    Already, arrangements are being put in place for survey as part...
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TotalEnergies, Partners Inaugurate Projects In Six States

TotalEnergies, Partners Inaugurate Projects In Six States

As part of its Batch 4 Corporate Social Responsibility (CSR) projects, TotalEnergies and partners have inaugurated projects in the states of Borno, Benue, Kaduna, Gombe, Delta and Anambra.  A statement issued on the company’s website on Sunday said the ...
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Oilserv Targets Takeover Of Moribund NNPC Pipelines 

Oilserv Targets Takeover Of Moribund NNPC Pipelines 

An indigenous Engineering Procurement and Contract (EPC) company, Oilserv Limited has concluded plans to bid for all moribund Nigerian National Petroleum Company (NNPC) pipeline distribution systems.  Group Chairman, Oilserv, Mr Emeka Okwuosa in an interv...
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NLNG’s Science Prize Judges Receive 107 Entries For 2022 Cycle

NLNG’s Science Prize Judges Receive 107 Entries For 2022 Cycle

The panel of judges for The Nigeria Prize for Science has received the entries from scientists worldwide for the  2022 edition, signalling the commencement of the race to find a winner with the best scientific or research work on the theme...
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Germany Unveils Bill To Accelerate The Use Of LNG

Germany Unveils Bill To Accelerate The Use Of LNG

Germany’s government has taken another important step to reduce dependence on Russian energy imports by agreeing on a formulation of the draft law on the acceleration of the use of LNG.    The Federal Ministry of Economics and Climate Protection...
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Oil Tumbles On Global Economic Worries

Oil Tumbles On Global Economic Worries

Oil prices tumbling more than 1% on Tuesday, extending the previous day’s steep declines as coronavirus lockdowns in top oil importer China, a strong dollar and growing recession risks fed worries about the outlook for global demand.  Reu...
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Sylva: FG Working To Improve West African Gas Pipeline Project Performance

Sylva: FG Working To Improve West African Gas Pipeline Project Performance

The Federal Government will continue to work with stakeholders for the improvement of the West African Gas Pipeline Project (WAGP) performance. Chief Timipre Sylva, the Minister of State for Petroleum Resources, said this on Tuesday in Abuja at the opening...
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