Libya’s Sharara Oilfield Increases Production to 85,000 BPD to Supply Zawia Refinery. Production at Libya’s Sharara oilfield has increased to approximately 85,000 barrels per day (bpd), according to sources at the field. The move is intended to supply crude oil to the Zawia oil refinery. This development comes after the National Oil Corporation (NOC) of…
NPA Management Appoints New Port Managers The Nigerian Ports Authority (NPA) has announced the appointment of six new port managers as part of its ongoing efforts to optimize port operations across the country. The appointments were approved by the Managing Director of NPA, Dr. Abubakar Dantsoho, and are effective immediately. In the latest reorganization, Mr….
NCDMB Commissions Daewoo Galvanising Plant in Rivers State. The Nigerian Content Development and Monitoring Board (NCDMB), under the leadership of its Executive Secretary, Engr. Felix Omatsola Ogbe (FNSE), today commissioned the Daewoo Engineering and Construction Nigeria Limited Galvanising Plant in Abam Ama, Okrika Local Government Area of Rivers State. The event was attended by management…
NNPC Seizes 63 Illegal Refineries in a Week Amid Intensified Fight Against Oil Theft. The Nigerian National Petroleum Company Limited (NNPC) has reported the discovery and seizure of 63 illegal refineries within the past week as part of an intensified crackdown on oil theft. The operation, which spanned across Bayelsa, Rivers, Abia, Imo, and Delta…
Nigeria and Equatorial Guinea Sign Gas Pipeline Agreement Nigeria and Equatorial Guinea have signed a landmark agreement to establish and operate a gas pipeline, marking a significant step towards enhancing regional energy security and promoting economic integration across Africa. The agreement was announced on Thursday by Nigerian presidential spokesperson Ajuri Ngelale. The signing took place…
Ogun Communities Protest High Electricity Tariffs, Petition IBEDC and NERC. Residents of several communities in the Ota area of Ogun State have expressed their discontent with the high electricity tariffs imposed by the Ibadan Electricity Distribution Company (IBEDC) due to their Band A classification. The communities, united under the Ota Area Community Development Committee (OACDC),…
FG Acquires 70 Locally Manufactured CNG Hybrid Buses to Boost Transportation In a significant move to enhance Nigeria’s transportation sector, the Federal Government has procured 70 hybrid Jet Mover buses from the Nigerian automobile manufacturer, Jet Motor Company. The delivery of these buses, which operate on both compressed natural gas (CNG) and premium motor spirit…
NCDMB and Ghana’s Petroleum Commission Launch Technical Cooperation to Enhance Local Content Development. In a move to strengthen local content development across Africa’s oil and gas sector, the Nigerian Content Development and Monitoring Board (NCDMB) has initiated a five-day knowledge-sharing program with the Petroleum Commission of Ghana. The program, which began on Monday in Lagos,…
NIMASA and NIWA Partner to Enhance Maritime Safety Amid Rising Boat Mishaps. In a bid to bolster maritime safety in Nigeria, the Nigerian Maritime Administration and Safety Agency (NIMASA) has announced a strategic partnership with the National Inland Waterways Authority (NIWA). This collaboration aims to develop and implement comprehensive safety strategies to reduce incidents of…
War Risk Premium on Nigerian Shipments to Persist Despite Security Gains, Says NIMASA DG Despite notable improvements in maritime security across Nigeria, multinational shipping companies continue to impose a war risk premium on vessels visiting the country, a situation that has raised concerns within the Nigerian maritime sector. The Nigerian Maritime Administration and Safety Agency…
