By Ikenna Omeje The Organisation of Petroleum Exporting Countries (OPEC) has put Nigeria’s crude oil production in the month of July at 1.323 million barrels per day. This is a little higher than that of June, which stood at 1.313 mb/d. The data which is based on direct communication on crude oil production by the…
Daniel Terungwa The Federal Government says it will collaborate with China Railway Investment Group Limited (CRIG) to harness the versed mineral deposits across the country. The Minister of Mines and Steel Development Mr Olamilekan Adegbite, made this known while receiving the team of CRIG recently in Abuja. In a statement issued by Mrs Etore Thomas, the Director Press of the…
By Ikenna Omeje Following the launch of Nigerian Gas Transportation Network Code (NGTCN) in 2020, the Department of Petroleum Resources (DPR) says it has received about $500 millon gas development investment proposals. The Director of DPR, Engr. Sarki Auwalu, disclosed this at an interactive session with the media to mark the first year of operationalising…
Daniel Terungwa Chief Operating Officer, Asharami Synergy, an arm of Sahara Group, Mr Henry Menkiti has stated that the Society of Petroleum Engineers, SPE has a crucial role to play as torchbearers towards ensuring the growth and development of Nigeria’s oil and gas industry. Menkiti made the remark at the Nigeria Annual International Conference & Exhibition…
By Ikenna OmejeAs part of its drive to enhance customer experience and deliver better service, Ikeja Electric Plc (IE) has upgraded the IE Mobile App to include cutting-edge features that enable customers to access services with ease.The upgraded app which was announced recently, is a multi-functional app designed to allow customers make enquiries, check and…
– Provides Clarification on CVFF Disbursement, NSDP, others. Daniel Terungwa. Nigerian Maritime Administration and Safety Agency, NIMASA, is set for the flag-off of an intensive wreck removal exercise in Nigerian waters. The agency’s Director-General, Dr Bashir Jamoh, disclosed this recently during a ministerial retreat organised by the Federal Ministry of Transportation (FMOT) in Lagos. Jamoh said arrangements has been concluded for the recycling…
By Ikenna Omeje The Managing Director/Chief Executive Officer of an indigenous oil and gas firm, ND Western, Eberechukwu Oji, has advocated for more private investment participation in the frontier basin exploration. Oji who stated this in an interview with the Punch said that considering the fact that Nigeria has abundant oil and gas reserves, it…
117 young entrepreneurs from the Niger Delta have graduated from the Shell Nigeria LiveWIRE programme and have been awarded a N48m grant to either establish or expand their businesses. This brings to 7,913 the total number of beneficiaries of the youth enterprise development programme since inception in 2003. Speaking at the graduation ceremony, Shell’s Country…
…project creates 30,000 jobs, first oil in 2022 Senior officials of the Nigerian Content Development and Monitoring Board (NCDMB), Total Energies Nigeria and the Department of Petroleum Resources on Saturday in Port Harcourt, Rivers State celebrated the load out of the AMD 2 Module of the Ikike Development Project, describing it as another remarkable Nigerian…
Daniel Terungwa The Director/CEO of Department of Petroleum Resources, Engr Sarki Auwalu recently played host to a delegation of foreign investors from Iran. The Delegation which was led by the Managing Director, Behin Industrial Company, Mr Hamid Ghasemi, stated that their mission was “to seek investment opportunities in the Nigeria Oil and Gas industry, in areas of gas development in alignment with government…
