At approximately 14:10 hours on Wednesday, February 19, 2025, a fire broke out on the dry crude storage barge BESTAF5 at Cawthorne Channel 1, Rivers State, spreading to other barges. Thanks to the swift response of our emergency teams and industry partners, the fire was successfully contained. The incident did not impact on flow station […]
…Engages Oil Producers On Implementation The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has reaffirmed its commitment to implementing the Domestic Crude Supply Obligation (DCSO), a key policy aimed at ensuring domestic energy security and the sustainability of local refineries in Nigeria. This resolution followed a high-level meeting between the Commission’s Chief Executive, Engr. Gbenga Komolafe, […]
Shelf Drilling has announced that it has secured a one-year extension for the Shelf Drilling Scepter jack-up rig for drilling operations offshore West African country Nigeria. The extension will commence in direct continuation of the rig’s current contract, extending the commitment until July 2026. The total added contract value is approximately USD 50 million. Shelf […]
…Talks on Fuel Quality Just Drama, Bad Marketing Antics, Says Kyari …Insists NNPC Ltd Didn’t Import Products This Year, …Says Importation a Standard Industry Practice Worldwide The Group Chief Executive Officer of NNPC Ltd, Mr. Mele Kyari has flayed talks about the existence of sub-standard fuel in the country, describing it as unfortunate drama and […]
The Commission Chief Executive of Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Engr. Gbenga Komolafe, has emphasized the need for a paradigm shift to position Nigeria as a leader in energy security and economic growth. The CCE was speaking at the Renewed Hope Global Town Hall Conference in Abuja, where he highlighted reforms and achievements in […]
The Nigerian Content Development and Monitoring Board (NCDMB) and Starzs Gas Limited were upbeat about the growth prospects of Nigeria’s gas subsector and the potential boost to industrialisation as the groundbreaking ceremony for a Compressed Natural Gas (CNG) Mother Station got underway in Iwhreken, Ughelli South, Delta State, on Thursday. Speaking at the event, the […]
NCDMB OBSERVES THE HIGHEST STANDARDS OF ACCOUNTABILITY, TRANSPARENCY, AND DUE PROCESS IN ITS OPERATIONS The Nigerian Content Development and Monitoring Board (NCDMB) wishes to firmly and unequivocally rebut the false, malicious, and misleading publication by Sahara Reporters on February 12, 2025, titled – EXCLUSIVE: NIGERIAN CONTENT BOARD NCDMB BOSS OGBE SPENDS N7 BILLION ON CONSULTANCY, […]
……Decries Fragmented Implementation The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, has charged sub-Saharan African nations to keep pace with unfolding trends in the global oil and gas industry and adopt a unified approach in strengthening local content development, advancing industrialisation and fostering sustainable continent-wide economic growth. […]
Trans-Sahara Gas Pipeline (TSGP) Project has Achieved Significant Milestones following the recent endorsement of the Steering Committee resolutions for the project in Algiers, Algeria. The $13 billion and 4,000-kilometer pipeline project will transport gas from Nigeria to the Mediterranean Sea en route to Europe. Disclosing this landmark stride is the Nigeria Minister of State Petroleum Resources (Gas), Rt. […]
The Nigerian Minister of State for Petroleum (Oil) Senator Heineken Lokpobiri has reiterated the present government of President Ahmed Bola Tinubu administration to resuscitate the abandoned Brass Petroleum Products Terminal (BPPT) and Atlantic Refinery projects in Bayelsa State. The recent declaration was made during the Minister’s inspection visit to the Ewa-ama Road construction site, which […]
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