Oil & Gas Archives — Page 9 of 21

April 16, 2018 No Responses

Oando Shareholders Seek Adeosun’s Sack Over Alleged Interference

Shareholders of Oando Plc, at the weekend urged President Muhammadu Buhari to immediately sack the Minister of Finance, Mrs. Kemi Adeosun over alleged “unwholesome interference” in the nation’s capital market and “for unnecessarily meddling” with the functions of the Securities...

April 14, 2018 No Responses

NNPC to Support Local Investors on Advancement of Technology

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has said that the corporation was committed to supporting local investors towards growing the engineering profession, even as he noted that this would in turn...

April 12, 2018 No Responses

Oando: NSE Gets Two Letters From SEC In 48 Hours

Between April 9th and 11th 2018, the Nigerian Stock Exchange (NSE) received two letters from the Securities and Exchange Commission (SEC). The first letter dated April 9, 2018 directed NSE to lift the suspension placed on the shares of...

April 11, 2018 No Responses

Oando Shareholders Accuse SEC of Shielding Probe

Shareholders of Oando Plc, on Tuesday, appealed to President Muhammadu Buhari and the National Assembly to intervene in the crisis rocking the company. Under the aegis of Proactive Shareholders Association of Nigeria (PROSAN), Trusted Shareholders A...

April 8, 2018 No Responses

160 Firms Bid For NNPC Valuation, Land Acquisition Services Contract

Not less than 160 firms of professional estate surveyors and valuers participated in the bid to provide the Nigerian National Petroleum Corporation (NNPC) with valuation and land acquisition services. This was disclosed by the Group General Manager (GGM), S...

April 7, 2018 No Responses

NNPC Signs $2.8B Contract For Ajaokuta – Kaduna – Kano Gas pipeline Project

The Nigerian National Petroleum Corporation (NNPC) has executed contracts for the engineering, procurement, construction, commissioning and financing for Lots 1&3 of the 40inch x 614km Ajaokuta – Kaduna – Kano gas pipeline and stations with a consorti...

April 3, 2018 No Responses

First LNG Cargo From United States Arrives In Indian

India has received its first LNG cargo from the United States, gas utility company GAIL said. The Denmark-flagged Meridian Spirit carrying 120,000 tons of cargo docked at Dabhol on March 30, 2018. GAIL hired the ship in September 2017 to...

March 26, 2018 2 Responses

NPA Begins Talk With NLNG As More Shipping Firms Fault Restrictions Along Bonny Channel

The management of Nigerian Ports Authority (NPA) has opened discussions with Nigeria Liquefied Natural Gas (NLNG) on the dualisation of Bonny Channel. The development followed series of complaints from shipping firms alleging restrictions, delays due to mov...

March 24, 2018 No Responses

Volkswagen Places Order For LNG-Powered Car Carrier

China’s Xiamen Shipbuilding has started building the first of two 7,500 CEU LNG pure car truck carrier (PCTC) vessels ordered by Siem Car Carriers. According to the company, from 2019, the ships powered by liquefied natural gas are to be operated...

March 24, 2018 No Responses

NNPC Boss Reiterates Commitment To Support Local Investors

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) Dr. MaikantiBaru, has restated the corporation’s commitment to support indigenous companies operating in the oil and gas industry to grow to their fullest potential. The GMD...

March 23, 2018 one Response

NPA MD at Onne Port Stakeholders Forum, Inspect Tug Boat

By Moses Ebosele, ebosele@hotmail.com The Managing Director of Nigerian Ports Authority (NPA), Hadiza Bala Usman has reiterated her commitment to sustain periodic engagement with stakeholders in the sector. Addressing Onne Port Stakeholders on Thursd...

March 21, 2018 No Responses

Total Seals 40-Year Concession Agreements

Total has signed 40-year concession agreements for three fields offshore Abu Dhabi with the Emirate’s Supreme Petroleum Council and ADNOC. According to Offshore and other agency reports, the accords give Total a 20% interest in the new Umm Shaif and...

March 20, 2018 No Responses

‘Demand for LNG on the Rise’

Demand for LNG as a marine fuel has risen significantly, especially in Nordics marine market, according to a Norwegian LNG supplier Skangas. The driving force behind the rise is the addition of new vessels to the LNG-powered fleet on the back of...

March 19, 2018 one Response

NNPC Renews Commitment To Tackle Smuggling Of Petroleum Products

The Nigerian National Petroleum Corporation (NNPC) is discussing with security operatives to stop smuggling of petrol products across our borders. According to the NNPC Group Managing Director (GMD), Dr Maikanti Baru, the Corporation is also working with...