The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced a strategic partnership with an Argentinian Tech Company, Galileo towards reduction of Gas flaring within the Nigerian Oil and Gas Industry. The collaboration aims to leverage on innovative modular technology to support the Nigerian Gas Flare Commercialization Program (NGFCP). Accompanied by the Argentinian Charge’ d’ Affairs […]

The Nigerian Content Development and Monitoring Board (NCDMB) on Wednesday constituted a Joint Working Team (JWT) with the Gas Aggregator Company Nigeria (GACN) Limited on gas utilization and commercialization. Speaking at the inauguration at the Board’s liaison office in Abuja, the Executive Secretary, NCDMB, Engr. Felix Omatsola Ogbe, acknowledged the correlation between the mandates of […]

FrazEnergy Limited a subsidiary of Oilserv Limited a pipeline infrastructural development company has announced its partnership with Galileo Technologies of Argentina to build a gas processing plant in Kwale Delta State Nigeria. With this unprecedented investment stride, FrazEnergy is expected to unlock about 5mmscf natural gas into the Nigeria market through their plan This massive […]

The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, on Monday in Abuja hailed the Presidential Directive on Local Content Compliance Requirements as crucial for enhanced competitiveness and mitigation of risks in regard to unqualified contractors, just as he unveiled five focal areas for implementation of the policy initiative. The […]

…Calls for Collaboration to Reduce Production Cost In a move towards increasing Nigeria’s crude oil production and growing its reserves, NNPC Ltd has declared a state of emergency on production in Nigeria’s oil and gas industry.  Group Chief Executive Officer of NNPC Ltd, Mr. Mele Kyari, disclosed this in a keynote address at the opening […]

 …Says Everyone Has Role to Play in Derisking Sector to Attract Investors The Nigerian National Petroleum Company Limited (NNPC Ltd) has called for the establishment of more local institutions in Nigeria and Africa with capacity to provide funding for energy projects to tackle energy poverty. The call was made by the Chief Financial Officer of […]

…As FG Expresses Satisfaction with Project’s Progress In yet another major step towards boosting nationwide gas supply to drive industrialization and economic growth, the Nigerian National Petroleum Company Limited (NNPC Ltd.) is set to deliver the Obiafu-Obrikom-Oben (OB3) Gas Pipeline project. Group Chief Executive Officer of NNPC Ltd., Mr. Mele Kyari, confirmed this during an […]

Abuja, Nigeria – Many African countries are harnessing gas and other cleaner and greener energies to drive their industrialisation journey. African countries including Ghana and Nigeria are investing in gas infrastructure and promoting its utilisation, and by extension are addressing energy poverty and environmental challenges. The Honourable Minister of Energy for Ghana, H.E. Dr. Matthew […]

In furtherance of its commitment to monetize Nigeria’s vast natural gas resources, the NNPC Limited has executed a Project Development Agreement (PDA) on 400-500mmscf Gas Deal with Golar LNG for the deployment of a Floating Liquefied Natural Gas (LNG) offshore Niger Delta, Nigeria. The signing ceremony, which took place on Monday 10th June, 2024, was […]

 …Targets 5% Increase in Market Share through EPC Projects The NNPC Engineering and Technical Company (NETCO), a subsidiary of the Nigerian National Petroleum Company Limited (NNPC Ltd.), has announced a 137 percent increase in operating profits for the year 2023. This was disclosed by the Chairman of the company’s Board of Directors and Executive Vice […]