The 8th edition of the Nigeria International Pipeline Technology and Security Conference NIPITECS 2024 an event organized by the Pipeline Professionals Association of Nigeria (PLAN), kicked off on Thursday 21, 2024 at the Abuja Continental Hotel. Abuja with the theme: Pipeline – Critical Assets for National Development and Environment Sustainability. This event was fully represented […]
NLNG recently kicked off its Nigerian Content Human Capacity Development (NC-HCD) Basic Training Programme for the NLNG Train 7 Project in Port Harcourt, Rivers State. This major NC programme aims to reskill young graduates and develop human capital. A total of 331 young graduates from diverse academic disciplines, who emerged successful out of 848 previously […]
Seplat Energy Plc, a foremost indigenous energy company, says Nigeria’s development will require significant improvements in access to energy. According to the Company, lower-cost, more reliable energy will drive job creation, prosperity and social development and achievement of the United Nations’ Sustainable Development Goals (SDGs). The Chief Executive Officer, Seplat Energy Plc, Mr. Roger Brown, said this while delivering […]
BW Energy, an operator of the Dussafu Marin licence in Gabon and the Golfinho cluster offshore Brazil reported EBITDA of USD 130 million for the third quarter of 2024. This was up from USD 75.9 million in the previous quarter, due to higher oil sales following record quarterly production in Gabon. The net production from operated assets was 25,570 bbls/day. This includes the Tortue, Hibiscus, and Hibiscus South fields in the Dussafu licence (73.5% working interest or WI) and the Golfinho field (100% WI). “BW Energy delivers record quarterly production and cash-flow from operation in the third quarter, supporting attractive appraisal, development, and field optimisation […]
The Nigerian National Petroleum Company Limited (NNPC Ltd.) and its partners have revved up crude oil and gas production to 1.8million barrels per day (mbpd) and 7.4standard cubic feet per day (scfd). The company which announced this at a press briefing on Thursday said the feat was achieved in compliance with the mandate of President […]
Group CEO of NNPC Ltd., Mele Kyari has reiterated the company’s commitment to resolving Nigeria’s energy trilemma, by ensuring energy security, sustainable growth and energy affordability. Kyari disclosed this at the opening ceremony of the 42nd Nigeria Association of Petroleum Explorationists (NAPE) Annual International Conference and Exhibition themed: “Resolving the Nigeria Energy Trilemma: Energy Security, […]
Panoro Energy announced that it has finalised terms and signed a Production Sharing Contract (PSC) with the Government of Equatorial Guinea for offshore Block EG-23. Panoro now holds an 80 per cent participating interest and operatorship of Block EG-23. It is partnered by GEPetrol, which holds a 20 per cent participating interest. “We are delighted […]
Algeria’s National Agency for the Valorization of Hydrocarbon Resources (ALNAFT) presented six onshore conventional licensing opportunities at African Energy Week: Invest in African Energies on Thursday. The six high-potential opportunities consist of a mix of exploration, development and export opportunities and are open to competitive bidding. The round is part of a five-year licensing plan […]
QatarEnergy has entered into an agreement with Chevron to acquire a 23% working interest in the concession agreement for the North El-Dabaa (H4) Block, in the Mediterranean Sea offshore Egypt. Pursuant to the agreement, QatarEnergy will acquire a 23% interest, while Chevron (the operator) will retain a 40% interest. The other partners on the block […]
The Managing Director of Platform Petroleum, Engr. John Anim, has underscored the urgent need for Africa to build a self-sufficient and sustainable energy future. In his speech titled “Achieving African Energy Security – The Critical Role of Cross-Sector Collaboration,” during the Upstream E&P Forum session at the African Energy Week (AEW 2024) in Cape Town, […]
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