Oil & Gas Archives — Page 10 of 21

March 16, 2018 No Responses

Kuwait Seals $467m Financing for Eight Tankers, Orders VLCC

Kuwait Oil Tanker Company (KOTC) has signed a financing deal with a syndicate of banks worth around USD 467 million (KD 140 million). The financing will be provided by Warba Bank, Ahli United Bank and Kuwait International. The ten-year financing...

March 12, 2018 No Responses

Ex-Shell Boss, Ovueraye Heads KSM New Executive Board

The Order of the Knights of Saint Mulumba Nigeria (KSM) has elected Diamond Ovueraye, as the Supreme Knight and head of the new supreme executive board to govern its affairs for the next four years. The group in a statement...

March 8, 2018 3 Responses

Indonesia Seeks Govt-to-Govt Partnership in Oil Trading

The Government of Indonesia has expressed the desire to buy more crude oil from Nigeria. The request was made by the Head of Economic Affairs of the Indonesian Embassy, Mr. Dwiyatna Widinugraha, who led a delegation from the country...

March 3, 2018 one Response

NNPC, Customs To Curb Petroleum Products Smuggling

The Nigerian National Petroleum Corporation (NNPC) and the Nigeria Customs Service (NCS) are collaborating to curb smuggling of petroleum products outside Nigeria’s borders. The Group Managing Director of the NNPC, Dr Maikanti Baru, said this when he paid a ...

March 2, 2018 No Responses

NNPC Pledges Support For Non-Oil Sectors

The Nigerian National Petroleum Corporation (NNPC) on Thursday expressed commitment towards providing the necessary assistance for Nigeria to attain competitive edge in non-oil sectors of the economy. Group Managing Director of the corporation, Dr Maikanti Bar...

February 28, 2018 No Responses

NLNG Reiterates Commitment To Zero Fatality, Injuries

The Managing Director and Chief Executive Officer of Nigeria LNG Limited (NLNG), Tony Attah, yesterday in Port Harcourt, assured that NLNG is fully committed to its Goal Zero campaign of ensuring zero incidents and fatality during its operations. Attah, whil...

February 25, 2018 No Responses

Firm Extends LNG Supply Network for Ships

Hamburg-based supplier of LNG Nauticor has extended its LNG supply network for ships within the North Sea region by including the Port of Rotterdam. The company has been awarded the contract for a bunker operation in Rotterdam for the first...

February 21, 2018 No Responses

‘Replicate NLNG Model To Increase Gas Sector Opportunities’

The Deputy Managing Director of Nigeria LNG Limited (NLNG), Sadeeq Mai-Bornu, on Tuesday, said the NLNG business model needs to be replicated in order to generate opportunities for the power and gas sectors in the country. Mai-Bornu spoke at an...

February 21, 2018 one Response

‘Global Energy Market Forecast Favours Gas’

The Managing Director and Chief Executive Officer of Nigeria LNG Limited (NLNG), Tony Attah, on Monday, said projections put gas in the top quartile of the most competitive and strategic investments in the global energy market. Attah spoke at...

February 20, 2018 No Responses

NNPC Seeks Closer Ties among African Countries in Oil Sector

The Nigerian National Petroleum Corporation (NNPC) has called for closer collaboration among African nations not only in oil and gas but across all sectors to leapfrog the economies in the continent. Group Managing Director of the NNPC, Dr. Maikanti...

February 20, 2018 No Responses

NCDMB Injects $200m to Boost Indigenous Participation in Oil, Gas Sector

The Nigerian Content Development and Monitoring Board (NCDMB) said it set aside a 200-million dollar Nigerian Content Intervention Fund (NCIF) to boost participation of Nigerians in the oil and gas sector. The Executive Secretary of the board, Mr Simbi Wabot...

February 16, 2018 No Responses

OPEC Secretary General to Visit Nigeria

The Secretary General of the Organization of the Petroleum Exporting Countries (OPEC), Dr. Mohammed Sanusi Barkindo, will be leading other global oil and gas industry leaders to participate in the Nigeria International Petroleum Summit (NIPS). This was discl...

February 14, 2018 No Responses

NNPC Moves to Recover N100b Landed Property

The NNPC Properties Ltd (NPL), the real estate management company of the NNPC, has commenced the recovery of the corporation’s landed property worth N100b across the nation. This was disclosed by the NNPC Chief Operating Officer (COO) Ventures, Dr....

February 12, 2018 No Responses

NLNG Boss Seeks More Support for Nigeria’s Gas Potentials

The Managing Director of Nigeria LNG Limited (NLNG), Tony Attah, at the 2nd West Africa International Petroleum Exhibition and Conference (WAIPEC) in Lagos, said Nigeria must unleash its gas potentials, and support NLNG’s expansion programme, Train 7 project...