MicCom Chief Operating Officer of MicCom, Bukola Adubi has further stressed the need of oil and gas sector to invest in capacity development as a paramount approach for a strategic and sustainable future of the industry. The MicCom boss made this assertion at sideline of the just concluded NOG Energy Week 2023 recently held in […]
The arm of Nigerian National Petroleum Corporation Limited in charge of downstream and midstream regulations also known as The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has recently unveiled four fresh new regulations. These new regulations are believed to straighten the Nigerian petroleum sector especially the midstream and downstream sectors in accordance with the guidelines establishing […]
Actual construction of a low-cost manufacturing hub for equipment components and spare parts used in the oil and gas industry will start in Ondo State soonest, according to the Nigerian Content Development and Monitoring Board (NCDMB). Located at Ilaje, Ilaje Local Government Area of the State, the facility is one of six being built in […]
The Nigeria prevalent perennial power generation insufficient is now within the sight of being over. This is coming at heels of the present administration of President Bola Tinubu who recently assented to the long awaited electricity bill into law. The national electricity bill was passed in July 2022 by the country’s national assembly seeking to […]
Nigeria gas sector has witness major milestone in the area of harnessing its abundant economic resources. In a major step towards bolstering Nigeria’s energy security and promoting the utilization of its abundant gas resources, the NNPC Ltd. and UTM Offshore Limited have reiterated their utmost commitment towards actualization of the Nigeria Decade of Gas come […]
Sequel to Woodside performance on the cost and schedule review of the Sangomar Field Development Phase 1 following the identification of remedial work required on the floating production storage and offloading (FPSO) facility. The first oil is now targeted for mid-2024 and the total project cost is expected to be US$4.9 – 5.2 billion, an […]
Kinetiko Energy, an Australian gas explorer and developer has progressed across its onshore gas exploration and production development activities in South Africa. ”Our trailblazing success in Block ER272 is set to continue with the addition of two more exploration core holes between the first pair and the most recent pair of successful core holes. Our […]
Invictus Energy has provided an update on the 2023 seismic acquisition program at its 80% owned and operated Cabora Bassa Project in Zimbabwe. Seismic data acquisition begins Work is progressing according to plan on the CB23 2D seismic acquisition program being carried out by Polaris Natural Resource Development Ltd (“Polaris”) on Invictus’ behalf. A total […]
BW said that production has safely started from the third well of the Hibiscus / Ruche Phase 1 development in the Dussafu licence offshore Gabon. Well performance is in line with expectations of the company’s in raising the current production at approximately 6,000 barrels per day. The DHIBM-5H well was drilled as a horizontal well […]
The recent major breakthroughs by various security organizations saddled with the onerous responsibility to clamp down on illegal siphoning of Nigerian crude oil is quite enormous and currently yielding positive results. Following these heartfelt achievements is the discovery of a150 metric tonnes of stolen crude oil vessel by the Nigerian private security company known as […]
