Oil and Gas Archives — Page 18 of 19

May 6, 2019 No Responses

NNPC Remits N153.01b Into Federation Account In January

The Nigerian National Petroleum Corporation (NNPC) says it transferred N153.01 billion into the federation account in January. The corporation disclosed this in its Financial and Operations Report for the January released in Abuja on Sunday. “Within the period under focus,...

May 3, 2019 No Responses

NNPC Boss Inaugurates AGPC Reconstituted Board, Targets 300mscf Of Gas Per Day

Seplat Petroleum Development Company Plc, a leading Nigerian indigenous oil and gas company listed on both the Nigeria Stock Exchange (NSE) and London Stock Exchange (LSE), has announced the inauguration of the reconstituted Board of Directors of ANOH Gas Proc...

May 3, 2019 No Responses

132 Companies Bid For NNPC’s Crude Sales Contract

The Nigerian National Petroleum Corporation (NNPC) on Thursday opened 2019 Direct Sale of Crude Oil and Direct Purchase (DSDP) to its local and international business partners, and potential off-takers and suppliers with 132 organisations indicating interest. ...

April 29, 2019 No Responses

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...

April 8, 2019 No Responses

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 ...

April 7, 2019 No Responses

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...

March 25, 2019 No Responses

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....

March 5, 2019 No Responses

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...

February 22, 2019 No Responses

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...

February 20, 2019 No Responses

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...

February 13, 2019 No Responses

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...

January 31, 2019 No Responses

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

January 29, 2019 No Responses

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...

January 21, 2019 No Responses

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...