The Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPC Ltd.) Mr. Mele Kyari, has reiterated the crucial role of natural gas in fueling economic growth and industrial development in Nigeria. Kyari, who was speaking at the public presentation of the book “The Rise of Gas: From Gaslink to the Decade […]

Following the Executive Order by President Bola Ahmed Tinubu GCFR, the Honourable Minister of State for Petroleum Resources (Oil) and the Honourable Minister of State for Petroleum Resources (Gas) will be delivering the Ministerial Addresses at the 23rd annual NOG Energy Week 2024 to shed light on the government’s strategies for strengthening Nigeria’s energy sector. […]

ADM Energy PLC a natural resources investing company has provided the following update with respect to the internal technical review of its 12.3% cost share and 9.2% profit share interest in OML-113, Aje Field, offshore Nigeria, announced 1 December 2023. Aje Field Internal Technical Review Since the announcement dated 1 December 2023, “Internal Review of […]

The Nigerian National Petroleum Company Retail Limited a petroleum distribution and retailing downstream arm of NNPCL Group has signed a strategic partnership agreement with Azikel Petroleum Limited in the area Petroleum Products Sales and Purchase Agreement. The ground breaking ceremony is an healthy development for the downstream sector of the Nigerian oil and gas industry […]

The resilient pursuit by the Nigerian Security and Civil Defence Corps in safeguarding the critical infrastructures of the Nigerian state especial the oil and gas infrastructures has continued to yield major milestones. According to the disclosure made by the Corp’s Commandant General’s Special Intelligence Squad in Rivers State, Superintendent Olufemi Ayodele, the NSCDC has exposed […]

Dolphin Drilling AS has announced an agreement with General Hydrocarbons Limited (GHL) regarding past due payment amounts and remaining work under the drilling contract. Reference is made to the fourth quarter 2023 financial report which reported an outstanding balance with GHL. Dolphin Drilling has in 2024 received two installments, as announced 9 January 2024 and […]

IFC has announced a $1.25 billion financing package alongside partners to Indorama Eleme Fertilizer and Chemicals Limited in Nigeria. The investment will allow Indorama to ramp up its fertilizer production and develop a port terminal for exports, supporting food production and food security across regional and international markets, while fostering job creation in Nigeria. The […]

The Nigerian Content Development and Monitoring Board (NCDMB) is currently carrying out an onsite out-of-country monitoring visit to South Korea to inspect facilities fabricating Pressure Vessels, Columns, Heat Exchangers, and Filters for the NLNG Train 7 project awarded to the consortium of SAIPEM, Chiyoda and DAEWOO (SCD JV). The visit is from the 18th – […]

Savannah Energy PLC, the British independent energy company focused around the delivery of Projects that Matter, announces that it has signed separate Share Purchase Agreements (SPAs) with Sinopec International Petroleum Exploration and Production Corporation (SIPC) and Jagal Ventures Limited (Jagal) to acquire 100% of the outstanding share capital of Sinopec International Petroleum Exploration and Production Company […]

Savannah Energy PLC, the British independent energy company focused around the delivery of Projects that Matter, announces that it has signed separate Share Purchase Agreements (SPAs) with Sinopec International Petroleum Exploration and Production Corporation (SIPC) and Jagal Ventures Limited (Jagal) to acquire 100% of the outstanding share capital of Sinopec International Petroleum Exploration and Production Company […]