……$500m Deal Signed In Beijing Bergen Engines, formerly Rolls-Royce Bergen Engines, has signed an agreement with CGGC-UNPOWER, the Chinese infrastructure provider, to supply 80 of its largest engines fitted with Marelli Motori alternators to Malatex, the Nigerian power company. Phase one of the project – 200MW of power, provided by 16 Bergen B36:45V20AG gas-fired 12.5MW […]

…Achieves Mechanical Completion, Flare Start-up of Refinery’s Area 5 Plant The Nigerian National Petroleum Company (NNPC) Ltd. has fulfilled its pledge of achieving the mechanical completion of rehabilitation work on Area 5 Plant of the Port Harcourt Refining Company (PHRC). Rehabilitation work has been ongoing at the Refinery for over two years and the NNPC […]

An $11 billion damages bill against Nigeria for a collapsed gas processing project which was procured by bribery has been thrown out by London’s High Court Reuters has reported. The West African country was on the hook for the sum – representing around a third of its foreign exchange reserves – after a little-known British […]

The Federal Government through the Nigerian Content Development and Monitoring Board (NCDMB) on Thursday marked a breakthrough in the research and development landscape of the Nigerian oil and gas industry with the commissioning of Amal Technologies Gas Leak Detection Device and Printed Circuit Board Manufacturing Facilityat Idu, Abuja. The commissioning was performed by the Minister […]

The Nigerian National Petroleum Company Ltd. (NNPC Ltd.) has signed a Memorandum of Understanding (MoU) with TotalEnergies for the adoption and deployment of a methane detection technology known as Airborne Ultralight Spectrometer for Environmental Application (AUSEA) in all its upstream operations.  With the agreement, which is a direct benefit from the Company’s participation at the […]

The Federal Government of Nigeria through the Ministry of Petroleum Resources will on December 21, 2023 commission the Amal Technology’s production facility for Gas Leak Detection Device and Printed Circuit Board, at Idu, Abuja, Nigeria. The homegrown innovation was initiated by Amal Technologies Limited and supported by the Nigerian Content Development and Monitoring Board (NCDMB) […]

The Nigerian Content Development and Monitoring Board (NCDMB) has assured that patronage and deployment of indigenous oil and gas service companieswould remain of strategic importance to take advantage of the massive development of operational capabilities since the implementation of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act over the years. Speaking on Monday […]

The newly appointed Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe has assumed office and held his first official meeting with the Directors and some management staff of the Board.  Ogbe was appointed last Thursday by President Bola Tinubu, replacing Engr. Simbi Kesiye Wabote, who had served for […]

The Nigerian National Petroleum Company Ltd. (NNPC Ltd.) has assured that the projections on crude oil production and price benchmark for the 2024 Budget were realistic and realisable. The Group Chief Executive Officer (GCEO) of the Company, Mr. Mele Kyari, gave the assurance during an interactive session with the Senate Committee on Finance at the […]

The Chairman of Independent Petroleum Producers Group (IPPG), Mr. Abdulrazaq Isa, OFR, said that the global energy transition, the Petroleum Industry Act (PIA), divestments by International Oil Companies (IOCs), and the Decade of Gas Initiative has presented indigenous players with exciting opportunities for the industry’s transformative shift. According to the IPPG Chairman, “the ongoing global […]