OTL 2023: Oyebanji Commends the Media for Coverage The Oil Trading Logistics (OTL), Africa Downstream is the mainstream event for the downstream sector attracting stakeholders and operators in the industry. The 2023 edition was held in October. The Chairman of OTL 2023, Mr. Adetunji Oyebanji, made a review in a post conference held in Lagos…
NNPC Ltd Restores Production of 275,000bopd Following a peace deal brokered on Sunday by the Nigerian National Petroleum Company Limited, NNPCL, between the Management of Total Energies, operator of the NNPC/Total JV, the Petroleum and Natural Gas Senior Staff Association, (PENGASSAN) and the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG), the unions have…
SPDC JV sets up Centres of Excellence to drive manpower development in oil industry The Shell Petroleum Development Company (SPDC) of Nigeria Limited operated Joint Venture has built and handed over a Centre of Excellence in Geosciences and Petroleum Engineering to the University of Benin, as part of efforts to encourage manpower development in the…
Saudi Pledges to Invest in Nigeria’s Refineries The government of Saudi Arabia has pledged to invest in the revamp of Nigeria’s refineries. Saudi Crown Prince, Mohammed bin Salman made the pledge at a bilateral meeting with President Bola Tinubu on the margins of the Saudi-Africa Summit in Riyadh. This was disclosed on Friday in a…
Nigeria Has Untapped Market of 20 Million Households for Rural Community- NIPCO Boss The Managing Director of Nigerian Independent Petroleum Company (NIPCO Plc), Suresh Kumar, explained at the 13th NLPGA Conference held in Abuja that the company has made massive investments in Liquefied Petroleum Gas (LPG) value chain with 11,000 MT coastal storage and over…
Oil Theft: Challenges, Solutions in Safeguarding Nigeria’s Pipeline Infrastructure for Economic Growth and Energy Security- Engr. Emeka Okwuosa With Nigeria’s oil export curtailed by massive pipeline vandalism and oil theft, the Chairman/GCEO, Oilserv Group, Engr. Emeka Okwuosa, CON has blamed obsolete pipeline systems that lack latest monitoring technology for the constant attacks on the crude…
NNPC Foundation Train Youths Corps Members on Financial Literacy In its bid to build the capacity of youth towards making them employers of labour, the NNPC Foundation, in partnership with Kudimata Nigeria Limited, a financial education outfit, have trained the Batch C members of the National Youth Service Corps (NYSC) in basic financial literacy skills….
HEOSL Reiterates Commitment to Nigerian Content Development Lagos – 9th November, 2023: Heritage Energy Operational Services Limited (HEOSL), operator of the OML 30 Joint Venture between NNPC Exploration and Production Limited and Shoreline Natural Resources Limited Joint Venture (NEPL/SNRL JV) has reiterated its commitment to the development of Nigerian Content. Chief Executive officer, Ado Oseragbaje,…
Oilserv Participates as Sponsors of IATF 2023 Today …Targets expansion in Africa market Nigeria’s foremost EPCIC giant, have yesterday, confirmed their participation as a key sponsor of the Intra-African Trade Fair (IATF 2023} scheduled to be held from November 9th to November 15th, 2023, in Cairo, Egypt. The company, in a statement, said the event…
Shell Sues Greenpeace for $2.1m after Boarding Oil Vessel Shell is suing Greenpeace for $2.1 million in damages after the environmental group’s activists boarded the company’s oil production vessel in transit at sea this year, according to Greenpeace and a document seen by Reuters. The British oil and gas major filed the claim in London’s…
