Mordi Chukwunonso Esther The Department of Petroleum Resources (DPR) has outlined five critical levers for gas development as Nigeria moves to leverage its abundant gas resources for national growth, diversification of the economy and to use gas as the fuel for economic transformation. A statement issued on Monday by Mr Paul Osu, Head, Public Affairs, DPR…
… records largest Nigerian oil & gas bond By Ikenna Omeje Seplat Petroleum Development Company, a leading Nigerian independent energy Company listed on both the Nigerian Stock Exchange (NSE) and the London Stock Exchange (LSE), has priced its offering of $650 million in aggregate principal amount of senior notes due 2026. The company, which disclosed…
By Ikenna Omeje The Petroleum Tanker Drivers, an affiliate body of the National Union of Petroleum and Natural Gas workers (NUPENG), has threatened to withdraw their services from May 1, 2021, over the Federal Government delay in enforcing mandatory installation of safety valve on petroleum tankers. The Drivers said that despite several engagements with various…
Nigeria’s leading energy company, The Shell Petroleum Development Company of Nigeria Limited (SPDC), operator of the SPDC Joint Venture, and the University of Port Harcourt in Rivers State have appointed Sunday Ikiensikimama, a professor of Petroleum and Gas Engineering, on a four-year term to the SPDC JV Aret Adams Professorial Chair in Petroleum Engineering at the…
Daniel Terungwa The Federal Government has stated that the mining sector has every local manpower required to drive further growth. This assertion was made by the Minister of Mines and Steel Development, Arc. Olamilekan Adegbite, after receiving the Honourary Fellowship Award bestowed on him by the Nigerian Mining and Geosciences Society (NMGS), recently. Adegbite noted…
Mordi chukwunonso Esther The Nigerian Content Development and Monitoring Board (NCDMB) in collaboration with the Industrial Training Fund (ITF) has completed the training of 255 Nigerian youths in nine vocational programmes. The youths were trained in Hospitality and Tourism, Mobile Phone Repairs and Troubleshooting, Information and Communication Technology and Electrical/Electronic Technology. Other focus areas of training…
Mordi Chukwunonso Esther Total E&P Nigeria Limited has highlighted its COVID-19 interventions which complemented government efforts to contain the pandemic. In an interactive session with the media on Thursday March 25, 2021, the company explained that it made massive interventions because it sees Nigeria as home and likes to identify with communities where it operates. Total explained…
By Daniel TerungwaAfter 18 years delays, the Nigerian Maritime Administration and Safety Agency (NIMASA), has received the approval of President Muhammadu Buhari to disburse $200 million Cabotage Vessel Financing Fund (CVFF) to qualified indigenous maritime operators in line with the Treasury Single Account (TSA) policy and the CVGG Guidelines of 2006. The Cabotage Fund, which…
Mordi chukwunonso Esther NIGERIA LNG Limited, NLNG, today signed a five-year Memorandum of Understanding, MoU, with the U.S. Agency For International Development, USAID, to make Bonny Island, its operational base, malaria free. The MoU was signed by Tony Attah, NLNG’s managing director, on behalf of NLNG and the United States Ambassador to Nigeria, Mary Beth Leonard….
Daniel Terungwa The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Bashir Jamoh, has assured maritime stakeholders that the agency’s modular floating dock is in the process of being deployed. Jamoh made this known during a visit to the Managing Director, Nigerian Ports Authority (NPA), Hadiza Bala-Usman at the NPA headquarters,…
