Nigeria has moved one step further in the bid to actualize the country Decade Of Gas Plan Agenda. The positive step this time around is coming from a global renowned LNG investment conglomerate company from Norway- Golar LNG.  This investment gesture is in furtherance of Nigeria efforts to deepen its domestic gas utilization and enhance […]

The enthronement of transparency, prudent management of financial resources, and deployment of a new master plan are some of the strategies that would attract the private sector to support the Niger Delta Development Commission (NDDC) and return the agency to the path of sustainable development of the Niger Delta region, the Executive Secretary of the […]

Sequel to an age long acquisition dispute on prolific oilfield OPL 245, a senior Nigerian minister urged the country’s president to end a long-running dispute with Eni SpA and Shell Plc to allow the companies to finally develop a prized deepwater oil license. Reported by Bloomberg. Investigations and lawsuits relating to the energy giants’ acquisition […]

As Nigeria navigates the 3rd year of implementing the Decade of Gas Programme of the Federal Government, the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote has advocated for action parties to provide annual status reports of the successes, issues, support required, and target completion dates. He made […]

Nigeria currently experiencing rise in the numbers of offshore rigs operations as Shelf Drilling a shallow water offshore drilling contractor with official base in Nigeria secured a short-term contract for the Adriatic I for operations offshore Nigeria. The company in recent media disclosure said that contract term with undisclosed firm is on period of 90 days […]

There are all indications that the Nigeria AKK gas pipeline project is experiencing a smooth sail in project execution according to plan. This affirmation is in collaboration with recent visit paid by the country NNPC Limited Group CEO, Mr. M K Kyari on an inspection tour of one of the AKK Gas Pipeline project sites […]

The fourth edition of the Nigerian Oil and Gas Opportunity Fair (NOGOF) 2023 will explore emerging opportunities in the oil and gas industry, linkage sectors as well as the entire African continent, the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. SimbiKesiye Wabote announced on Wednesday. He spoke in Abuja in […]

The caveat imposed by the Nigeria Federal Government on acquisition of ExxonMobil shallow oil wells by Seplat Energy is still a source of concerns to stakeholders. But Exxon Mobil and Seplat are still optimistic to get Nigerian government approval to allow the stalled sale of its shallow water oil production operations in the West African country, […]

The Nigeria Sovereign Investment Authority, Nigeria’s sovereign wealth fund, and Vitol have completed a joint venture (“JV”) agreement to invest in a range of carbon avoidance and removals projects and are in the process of reaching a final investment decision on the first projects. An initial US$50 million has been committed, with a view in […]

In a bid to boost confidence in the transparency and continuity of the Nigeria 2022/2023 Deep Offshore Oil block Mini-bid Round process, President Muhammadu Buhari has approved the amendment of the bid round calendar to accommodate the concerns expressed by both local and international investors over the closeness of the schedule to the terminal date […]