As part of the Board’s effort to boost access to in-country marine vessel capacities, the Nigerian Content Development and Monitoring Board (NCDMB) has unveiled the Marine Vessel Information System Software (MAVIS) to industry stakeholders in Lagos. The application was unveiled at an engagement organized by the Board in Lagos on Wednesday. Speaking at the program, […]

In its continued bid to maximise the nation’s abundant gas resources for economic development and prosperity, NNPC Ltd. has begun discussions with investors towards bringing back two Liquefied Natural Gas (LNG) projects, Brass and Olokola LNG projects. NNPC Ltd.’s Chief Financial Officer (CFO), Mr. Umar Ajiya disclosed this on the sidelines of the ongoing 2024 […]

In the course of boosting the country’s investment portfolio in the energy industry, NNPC Limited is actively participating in key discussions at Gastech 2024 in Houston, Texas, focusing on the exchange of insights regarding real-world strategies and business models that are driving climate actions. The globally acclaimed energy event which has currently entered Day 2, […]

The $550 million upstream gas project between the NNPC Ltd. and TotalEnergies on the development of the Ubeta field has taken off, the Presidency announced on Tuesday. Special Adviser to the President on Energy, Olu Verheijen, disclosed this during an inaugural US-Nigeria Strategic Energy Dialogue, hosted by the U.S. State Department in Washington, DC. The […]

The NNPC Ltd has in its recent press release estimated the various prices of Premium Motor Spirit (PMS), also known as Petrol (obtained from the Dangote Refinery) in its retail stations across the country. In furtherance to the above, NNPC Ltd also stated that this is in line with the provisions of the Petroleum Industry […]

NNPC Ltd. trucks are currently arriving at the Dangote Refinery in preparation for the scheduled petrol loading which is expected to commence on Sunday, September 15, 2024. This has corroborated the insinuation that the product will soon flood the domestic filling stations. According to information made available on its X social media handle, at least […]

A Nigeria based drilling contractor Shelf, has announced the award of two new jack-up rigs contracts in West Africa. According to Shelf Drilling, the contracts are secured for the Shelf Drilling Mentor covering 10 wells and an estimated duration of 450 days in direct continuation of the rig’s current campaign in Nigeria with a contract […]

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has stated that foreign exchange (forex) illiquidity has been a significant factor influencing the fluctuation in prices of Premium Motor Spirit (PMS), which are governed by unrestricted free market forces, as provided for in the Petroleum Industry Act (PIA), 2021. Speaking on TVC News’ “Journalists’ Hangout” show […]

As part of efforts to boost the participation of indigenous firms in the gas sector, Minister of State Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo today paid a visit to LEE Engineering and Construction Company Ltd ultra modern state-of-the-art fabrication yard in Warri, Delta State. Rt. Hon. Ekperikpe Ekpo made this disclosure through his official […]

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is strengthening its partnership with USAID Power Africa to advance energy transition and environmental decarbonization efforts. The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission, Engr. Gbenga Komolafe, welcomed a delegation from USAID Power Africa to the NUPRC headquarters in Jabi, Abuja. During the high-level meeting, Engr. […]