The $3.7 billion gas development agreement between oil giant Shell and the Nigerian National Petroleum Company, NNPC, alongside two other companies, is set to transform Nigeria’s midstream oil sector and boosting power generation in the long run.
Chairman NLNG Board of Directors, Mr. Osobonye Longjohn, GMD NNPC, Dr. Maikanti Baru and MD, NLNG, Mr. Tony Attah, giving an applause during the Front-End Engineering Design (FEED) Contract Signing Ceremony for Train 7 held in London, Wednesday.
… Awards FEED contracts for Train 7
In the build-up towards Final Investment Decision (FID) later in 2018, Nigeria LNG Limited (NLNG)is seeking $7 billion from the global financial markets for the sustainability of its operations and expansion project which will increase its production capacity from 22 Million Tonnes Per Annum (MTPA) to 30 MTPA.
..Rules out increase in tariff
Against the backdrop of incessant complaints of poor performance against electricity distribution companies in the country, the minister of Power, Works and Housing Mr. Babatunde Raji Fashola, has threatened to withdraw the operating licence of any ailing Disco.
MT Sahara Gas, the newly-built vessel acquired by the West Africa Gas Limited (WAGL), has delivered 7,000 metric tons of Liquefied Natural Gas (LPG) in its historic maiden voyage to Nigeria to boost availability and safe access to the commodity widely referred to as cooking gas.
… Disowns social media depiction of ‘leaking NNPC retail truck’ in motion
NNPC Retail Limited, the downstream subsidiary of the Nigerian National Petroleum Corporation, with stake in supply and distribution of petroleum products has embarked on nationwide audit of its field operation to ensure all delisted trucks are in compliance with the requirement to remove the company’s logo and other brand attributes.
.Jeff Ewing, CNL Chairman/MD.
The Chairman/Managing Director, Chevron Nigeria Limited, Mr. Jeff Ewing has called for collaboration by all stakeholders for the achievement of sustained investment and growth in the oil and gas industry in Nigeria.
General Manager, Policy, Government and Public Affairs, (PGPA), Mr. Esimaje Brikinn.
The General Manager, Policy, Government and Public Affairs, (PGPA), Mr. Esimaje Brikinn, has emphasized the value of participatory partnerships in combating the menace of oil theft and pipeline vandalism in oil and gas operations in the Niger Delta.
Total Upstream Nigeria Ltd., Deputy Managing Director, Deep Water, Ahmadu-Kida Musa .
Total Upstream Nigeria Ltd., Deputy Managing Director, Deep Water, Ahmadu-Kida Musa said the country must put in place sustainable Production Sharing Contract (PSC), and gas terms to drive continued investment in the nation’s deep offshore oil and gas sector.
L-R; Country Chair of Shell Companies in Nigeria, Mr. Osagie Okunbor, representative of NNPC GMD and Chief Operating Officer, Upstream, Mallam Rabiu Bello and Managing Director of Chevron, Mr. Jeffrey Ewing, during the panel session on “Unlocking Nigeria’s Investment Potentials”, at the ongoing Nigerian Oil and Gas Conference holding in Abuja.
The International Oil Companies operating in Nigeria’s oil industry have commended the Nigerian National Petroleum Corporation (NNPC) on the payment of all the joint Venture cash calls arrears.
L-R; Managing Director, Shell Petroleum Development Company and Country Chair, Shell Companies in Nigeria, Osagie Okunbor; Secretary-General of OPEC, Mohammed Barkindo; Executive Secretary, Nigeria Content Development and Monitoring Board, Simbi Wabote; Group Managing Director, Nigeria National Petroleum Corporation, Maikanti Baru; and the Minister of State for Petroleum Resources, Emmanuel Kachikwu, during an inspection of Shell stand at opening ceremony of the Nigeria Oil and Gas Conference and Exhibition in Abuja… on Tuesday.
Gas supply to power hits 2-yr high
The Nigerian National Petroleum Corporation (NNPC) is set to hit the Capital market to fund its new projects which include the NNPC/NAOC JV Idu-Re-development, South Gas Project, North Gas Project and Central Gas Project.