The Petroleum Technology Association of Nigeria (PETAN) recently held its annual Dinner/Award night in Port Harcourt, Rivers State. Guests at the occasion included representative of the Governor of Rivers State:NyesomWike; that of the Minister of State for Petroleum Resources, Dr IbeKachikwu; while the Executive Secretary of Nigerian Content Development and Monitoring Board, EngrSimbiWabote was there…
– Muloni says they are preparing the Ugandan National Oil Company to start participating in Exploration and other Activities Uganda, which is developing oil deposits but has yet to begin production, will launch its next bidding round for oil exploration licences in May this year. Energy Minister Irene Muloni, who led a Ugandan delegation to the…
Dr Chioma Nwachuku is the General Manager Corporate Affairs & New Business Development at SEPLAT Petroleum Development Company Limited. She is a multi-skilled professional with over 20 years extensive experience spanning across various areas such as Communications, Product Development, Customer Relations, Human Resource Management and Academia. As a lecturer she has contributed to students’ intellectual…
Having experienced some level of frustration while carrying out daily activities in the downstream sector, the duo of Andre Bassey and Yomi Ademefun, partners at Axiom Tech Ltd, thought of a tech solution that could ease business operations by helping firms identify verifiable sources of Premium Motor Spirit (PMS), diesel otherwise known as Automotive Gas…
Dr. Chike Onyejekwe is the Group Managing Director of Aiteo Production and Development Company Limited. He is a Geologist by background with extensive depth and breadth of experience in the Oil and Gas industry spanning over 30 years. Dr. Chike has worked in various leadership and senior management positions within and outside Nigeria, covering Exploration,…
Amid 2019 forecast of a global economic slowdown, the gradual growth and influx of electric cars by popular car manufacturing brands, America-China trade war, and Brexit uncertainties, Africa has remained the attractive bride in the eyes of global investors’ A recent study by Reuters showed that, the African continent – specifically Sub-Saharan Africa’s economies, will…
Sixteen oil and gas firms have submitted applications for one or more of five Ghanaian offshore blocks in the West African country’s first exploration licensing round, its energy ministry said. The interest is a major vote of confidence in Ghana, which is keen to unlock more resources after it began pumping from its flagship offshore…
French oil major Total has started oil production from its Egina field offshore Nigeria. Total which started up production on December 29, 2018, has announced in a statement released on January 3 2019, that Egina deepwater oilfield had achieved first oil production, helping to push Nigeria’s oil output beyond 2.09 million barrels per day in…
The African Oil and Gas industry is showing signs of an auspicious future; there is renewed investor interest and burgeoning confidence in the continent and sector following continued upward movement in oil prices and recent oil and gas discoveries. This was very apparent by the host of panel discussions, country and company presentations at the…
With the oil and gas industry undoubtedly the mainstay of Nigeria’s economy, Nigerian Content Development and Monitoring Board has rolled out plans to nurture 100 indigenous oil and gas service providers, in a competitive and sustainable way through targeted interventions, into large scale players that will create high value and better develop the sector. The…
