Shell, Committed to Deepening its Operations in Nigeria. …We are not exiting Nigeria Energy giant, Shell, yesterday reiterated its commitment towards the growth of Nigeria’s Oil and Gas Industry. The company debunked rumours of plans to leave Nigeria, confirming that it is instead deepening its operations in the country, thanks to several exciting projects coming…
By Jerome Okojokwu-Idu, with contribution from Precious Okolobo The Chief Upstream Investment Officer, NNPC’s Nigeria Upstream Investment Management Services (NUIMS), Bala Wunti, believes that the Final Investment Decision (FID) on Bonga is one of the best things that ever happened to Nigeria. Bonga, Nigeria’s first deep-water exploration and production vessel, on Monday, February 13, 2023,…
ENGR. EMEKA OKWUOSA (CON) RESIGNS FROM THE BOARD OF DIRECTORS, EROTON EXPLORATION AND PRODUCTION LIMITED Oilserv Limited hereby brings to the notice of the general public that its Chairman/GCEO, Engr. Emeka Okwuosa, CON had resigned from the board of Eroton Exploration & Production Limited as a Non-Executive Director of the company. The resignation of Engr….
5-year old knows everything about Airplane!
Gabon to Start New Oil Project Despite Pledge to Cut Output Gabon, a small African oil producer and OPEC member, is days away from first oil at a new offshore development despite joining the surprise new OPEC+ cut of over 1 million barrels per day (bpd) announced on Sunday. Gabon, which pumps around 200,000 bpd,…
Wabote, Jonathan, Lumumba win African Heritage Awards It was a night of colourful display of African culture and honour at the inaugural African Heritage Concert and Awards, where the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote was conferred with the Champion of Local Content Development in Africa…
Analysing Iraq’s Ambition to Match Saudi Oil Output is out Of Reach Iraq’s oil output and capacity may peak following growth of around 25% over the next five years, analysts said, falling short of 2027 targets and ending a long-standing ambition to rival the output of top OPEC producer Saudi Arabia. Political infighting has cost Iraq…
Saudi Aramco Boosts China Investment with Two Refinery Deals Saudi Aramco raised its multi-billion dollar investment in China by finalising and upgrading a planned joint venture in northeast China and acquiring an expanded stake in a privately controlled petrochemical group. The two deals, announced separately within the week, would see Aramco supplying the two Chinese…
NDDC to Link Okrika-Port Harcourt with Road, Bridges The Managing Director of the Niger Delta Development Commission, NDDC, Dr. Samuel Ogbuku, has announced plans to link Okrika and Port Harcourt in Rivers State with a road and three bridges. To this end, the NDDC boss says work will soon commence at the 3.65-kilometre Okrika-Borokiri Road…
EthosEnergy Cements Long-Term Partnership with GPSC EthosEnergy, a leading independent service provider of rotating equipment services and solutions to the power, oil and gas, industrial, and aerospace markets has been awarded a Long-Term Service Agreement (LTSA) for gas turbine maintenance, inspection, and repair services by Global Power Synergy Public Company Limited (GPSC). GPSC is one…
