The NNPC/Aiteo Joint venture has announced the introduction of Nembe Crude Oil Grade, a new crude oil grade into the international crude oil market. The announcement of the Nembe Crude Oil Blend, produced by Aiteo, the Operator of the NNPC/Aiteo Oil Mining Lease (OML) 29 Joint Venture (JV), was made at the ongoing Argus European […]

The management of Heritage Energy Operational Services Limited (HEOSL) and other indigenous oil and gas companies have been advised to adopt strict corporate governance guidelines in their operations if they want their firmsto grow sustainably. The companies were equally encouraged to comply with the provisions of the Nigerian Oil and Gas Industry Content Development (NOGICD) […]

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has provided insight into how the lingering conflict between Russia and Ukraine has impacted Nigerian crude in the international market leading to a dip in demand from the once-dependable Asian market at the onset of hostilities in the Eastern bloc. Maryamu Idris, Executive Director, Crude & Condensate, NNPC […]

The ongoing construction of the $5bn Train-7 project being undertaken by the Nigeria Liquefied Natural Gas (NLNG) at Finima, Bonny Island, Rivers State has reached 52 percent and currently engages 8,300 Nigerians of diverse skill sets. These facts emerged on Friday as the Management of the Nigeria LNG Limited led by the Managing Director, Dr. […]

Nigerian National Petroleum limited is currently concluding plan to make a maiden crude oil supply to the recently commissioned 650,000 barrel-per-day Dangote oil refinery with up to six cargoes of crude oil in December to be used in test runs according to various sources of information made available by Reuters. This recent revelation is coming […]

The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote, on Thursday commissioned the corporate Head Office and Training Academy of the hospitality conglomerate, Genesis Group Limited, in Port Harcourt, Rivers State.  The NCDMB boss lauded the firm for being the leading provider of catering services for major oil […]

𝑻𝒉𝒆 𝑬𝒙𝒆𝒄𝒖𝒕𝒊𝒗𝒆 𝑺𝒆𝒄𝒓𝒆𝒕𝒂𝒓𝒚 𝒐𝒇 𝒕𝒉𝒆 𝑵𝒊𝒈𝒆𝒓𝒊𝒂𝒏 𝑪𝒐𝒏𝒕𝒆𝒏𝒕 𝑫𝒆𝒗𝒆𝒍𝒐𝒑𝒎𝒆𝒏𝒕 𝒂𝒏𝒅 𝑴𝒐𝒏𝒊𝒕𝒐𝒓𝒊𝒏𝒈 𝑩𝒐𝒂𝒓𝒅 (𝑵𝑪𝑫𝑴𝑩), 𝑬𝒏𝒈𝒓. 𝑺𝒊𝒎𝒃𝒊 𝑲𝒆𝒔𝒊𝒚𝒆 𝑾𝒂𝒃𝒐𝒕𝒆 has 𝒄𝒐𝒎𝒎𝒊𝒔𝒔𝒊𝒐𝒏𝒆𝒅 𝑴𝑮 𝑽𝑶𝑾𝑮𝑨𝑺 𝒏𝒆𝒘𝒍𝒚 𝒊𝒏𝒔𝒕𝒂𝒍𝒍𝒆𝒅 200-𝒕𝒐𝒏 𝒉𝒆𝒂𝒕 𝒕𝒓𝒆𝒂𝒕𝒎𝒆𝒏𝒕 𝒇𝒖𝒓𝒏𝒂𝒄𝒆 𝒂𝒏𝒅 𝒔𝒕𝒂𝒕𝒆-𝒐𝒇-𝒕𝒉𝒆-𝒂𝒓𝒕 𝒅𝒊𝒔𝒉 𝒉𝒆𝒂𝒅 𝒇𝒐𝒓𝒎𝒊𝒏𝒈 𝒎𝒂𝒄𝒉𝒊𝒏𝒆 𝒂𝒕 𝒕𝒉𝒆 𝒄𝒐𝒎𝒑𝒂𝒏𝒚’𝒔 𝒚𝒂𝒓𝒅 𝒊𝒏 𝑷𝒐𝒓𝒕 𝑯𝒂𝒓𝒄𝒐𝒖𝒓𝒕, 𝑹𝒊𝒗𝒆𝒓𝒔 𝑺𝒕𝒂𝒕𝒆. Speaking at the event, the Executive Secretary lauded the engineering, procurement and construction (EPC) […]

A new Monitoring and Evaluation Reporting Template has been conceptualized and presented to stakeholders of the oil and gas industry by the Nigerian Content Development and Monitoring Board (NCDMB). This is in line with the provisions of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act 2010 and the Nigerian Content 10-Year Strategic Roadmap. […]

Shelf Drilling has consistently  expanding its drilling operations in Nigeria, this is following the recently secured contracts for the Adriatic I and the Shelf Drilling Mentor jack-up rigs for operations offshore Nigeria for firm durations of 16 months and 8 months, respectively. The combined estimated contract value for the two rigs is approximately USD 93 […]

Amidst the threat of energy transition and dwindling funding of the hydrocarbon industry, 18 member countries of the African Petroleum Producers Organization (APPO) are attending the third edition of the Africa Local Content Roundtable to chart a pathway for the sustainable development of local content and the oil and gas industry inthe continent. The two-day […]