Sirius, an African focused oil & gas production and development company, announced that approvals previously secured from NNPC regarding commencement of Phase 1 of the OML65 Approved Work Programme (AWP), has been fulfilled by the company including all conditions precedent to drawing funds under the senior loan facility of up to US$200m which was previously executed […]

As part of his line up events after the Practical Nigeria Content 2022 ended up in grand style, the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote on Friday commissioned the secretariat of the Petroleum Technology Association of Nigerian (PETAN) at Trans-Amadi Industrial Area, Port Harcourt, Rivers State. […]

Indigenous operators and service companies in the oil and gas industry have been advised to identify with appropriate Sectoral Working Groups under the Nigerian Content Consultative Forum (NCCF) to be able to receive adequate attention on operational difficulties of whatever nature. The Forum, established to “identify issues and responsibilities, and propose interventions that can address […]

As a deliberate strategy for national development, the federal government of Nigeria had embarked on the Special Economic Zones (SEZ) Scheme in the early 1990s in order to boost export, promote rapid industrialization, create employment, engender technology transfer, and increase access to wealth for Nigerians among other benefits. This initiative led the government in 1992 […]

PGS has unveiled first Nigeria MegaSurveyPlus covering 11 230 sq. km of 3D data and allows a thorough AVO analysis of structural provinces directly linked to the Akata Shale Formation. The MegaSurveyPlus concept revitalizes PGS’ Nigeria MultiClient data library by reprocessing 3D data from field tapes. Modern techniques such as optimized denoising algorithms and a […]

The Nigerian National Petroleum Company Limited (NNPC), Group Chief Executive Officer, Mele Kyari has disclosed that it has discovered 295 illegal connections of crude oil pipeline via which oil theft is being perpetuated for years on focardos 48” trunk pipeline in Niger Delta.  Mr. Kyari stated this at a Legislative Transparency & Accountability Summit in […]

Eni has expressed its satisfaction with the decision of the Milan Court of Appeal which, confirming in the first degree, rejected the appeal made by the Nigeria Civil Party aimed at obtaining compensation for the procedure on the acquisition of the OPL245 block and required Nigeria to pay legal fees.  An appeals court in Milan, […]

Mohammed Abdullahi, Minister of Environment, representing the Nigeria President Mr Muhammadu Buhari in Sharm el-Sheikh, Egypt, at the ongoing 2022 United Nations Climate Change Conference (COP27) has made the call on Monday on the sidelines of the event reiterating urgent actions from particularly developed countries, to tackle the effects of climate change in Africa  “Without […]

The Nigerian Content Development and Monitoring Board (NCDMB has commended Crestech Engineering Ltd, a human resources development and engineering company for its full support towards the capacity building and job creation objectives of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act. Mr. Akintunde Adelana, Director, Monitoring and Evaluation NCDMB conveyed the commendation when […]