Baru Lauds Ikpea, Lee Engineering Boss

Baru Lauds Ikpea, Lee Engineering Boss

The Nigerian National Petroleum Corporation (NNPC) has pledged to sustain and enhance existing support for indigenous oil and gas companies in line with the spirit and letters of the Nigerian Content legislation which ultimately seeks to enthrone efficient and profitable...
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Shell Nigeria Leads IOCs In Local Content

Shell Nigeria Leads IOCs In Local Content

The Nigerian Content Development and Monitoring Board (NCDMB) on Sunday recognized Shell as the most impactful International Oil Corporation (IOC) on Local Content Initiatives in the Nigerian Oil and Gas industry. The News Agency of Nigeria (NAN) reports that ...
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Firm Stakes $811.7m For Petroleum Terminals

Firm Stakes $811.7m For Petroleum Terminals

Dutch tank storage company Royal Vopak has reached an agreement with First State Investments on the sale of its petroleum terminals in Algeciras, Amsterdam and Hamburg. The transaction, worth EUR 723 million (USD 811.7 million), is subject to certain condition...
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NLNG, NCDMB sign Nigerian Content Plan for Train 7

NLNG, NCDMB sign Nigerian Content Plan for Train 7

Nigeria LNG Limited (NLNG) and Nigerian Content Development Monitoring Board (NCDMB) on Friday signed off the approved plan for Nigeria Content (NC) for NLNG’s Train 7 project which will ensure the delivery of value and benefits to the Nigerian economy....
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Lee Engineering Seals Fabrication Deal With VDL KTI Of Belgium

Lee Engineering Seals Fabrication Deal With VDL KTI Of Belgium

Lee Engineering, on Monday, signed a major partnership deal with  VDL KTI of Belgium for oil and gas equipment fabrication. The Belgian company is a global leader in the fabrication and manufacturing of oil and gas equipment. The deal according...
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NLNG flags off 2019 Nigeria Literary competitions

NLNG flags off 2019 Nigeria Literary competitions

The Advisory Boards for The Nigeria Prize for Science, The Nigeria Prize for Literature and The Literary Criticism Prize, sponsored by Nigeria LNG (NLNG) Limited, have published the Call for Entries for the 2019 edition of the prizes, flagging off...
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Qatar Orders 60 New LNG Carriers

Qatar Orders 60 New LNG Carriers

Saad bin Sherida Al-Kaabi, Qatari Minister of Energy and CEO of Qatar Petroleum, confirmed the country’s intentions to order up to 60 new LNG carriers. Al-Kaabi explained  that the Middle Eastern nation would order the vessels at a press conferen...
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Eterna Targets 200 Petrol Stations In Five Years

Eterna Targets 200 Petrol Stations In Five Years

The Management of Eterna Plc has concluded plans to establish not less than 200 petrol stations in the next five years from the 35 it currently operates. Speaking in Lagos on Tuesday, Managing Director, Mahmud Tukur also declared that market...
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NLNG Photo News

NLNG Photo News

NLNG MD, Tony Attah (right) and Andy Odeh, Manager Corporate Communication & Public Affairs receive the Honourable Minister of State for Petroleum, Dr Ibe Kachikwu at the NLNG Stand,  Nigeria International Petroleum Summit (NIPS) 2019, in Abuja
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Nigeria Tasks African Leaders On Oil, Gas Infrastructure Development

Nigeria Tasks African Leaders On Oil, Gas Infrastructure Development

President Muhammadu Buhari has called on African leaders to support whatever will help drive infrastructure development in the oil and gas sector in the region.  Buhari gave the advice at the opening ceremony of the second edition of the Nigerian...
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CBN Lauds $9b Dangote Refinery, Reiterates support For Indigenous Firms

CBN Lauds $9b Dangote Refinery, Reiterates support For Indigenous Firms

The  Central Bank of Nigeria (CBN) Governor, Godwin Emefiele at the weekend in Lagos commended the proposed Dangote Refinery. The CBN Governor also reiterated the apex bank readiness to facilitate access to foreign exchange by manufacturers. Emefiele made...
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Court Confirms $1.8b Oil Spill Compensation

Court Confirms $1.8b Oil Spill Compensation

Spain’s Supreme Court in Madrid upheld the ruling that the insurer and the captain of the Prestige oil tanker are to pay EUR 1.6 billion (USD 1.8 billion) in compensation. Under the final ruling, handed down on December 20, the...
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Buhari Facilitates With Oil And Gas Investor, Leemon Ikpea, At 62

Buhari Facilitates With Oil And Gas Investor, Leemon Ikpea, At 62

President Muhammadu Buhari felicitates with a major investor in the oil and gas industry, Chief (Dr) Leemon Ikpea, as he turns 62 on December 19, 2018. The President appreciates the grace of God, which brought Chief Ikpea from humble beginnings...
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Nigeria Pays Oil Marketers N236b

Nigeria Pays Oil Marketers N236b

The Chief Operating Officer, Downstream, Nigerian National Petroleum Corporation (NNPC), Mr  Henry Ikem-Obih, has disclosed that  the Federal Government has paid the agreed N236 billion as first tranche of the outstanding subsidy claims to oil m...
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