In addition to the recent Bonga contract extension in Nigeria, Valaris said that the company has been awarded a 12-well contract offshore West Africa for drillship VALARIS DS-7, which will be reactivated for this contract. The Company also announced that it is increasing its 2023 share repurchase target from $150 million to $200 million. The […]

The crucial highlights and meaningful contributions of the global energy stakeholders at the just concluded NOG Energy Week 2023 recently held in Abuja, Nigeria should not be deliberated without placing special emphasis on the seasoned and all encompassing address made by the Organization Petroleum Exporting Countries (OPEC) Secretary General H.E Haitham Al Ghais. Highlighting his […]

Repair work on Nigeria’s suspended Forcados crude oil terminal is expected to be complete by early next week, a shipping source told Reuters. Shell (SHEL.L) suspended loadings of the medium sweet grade over two weeks ago, citing a potential leak at the export terminal. Sources had told Reuters that exports of the grade – which […]

The crucial highlights and meaningful contributions of the global energy stakeholders at the just concluded NOG Energy Week 2023 recently held in Abuja, Nigeria should not be bared or deliberated without placing special emphasis on the reasoned and all encompassing address made by the Organization Petroleum Exporting Countries (OPEC) Secretary General H.E Haitham Al Ghais. […]

As part of its sustained effort to raise awareness on the Nigerian Oil and Gas Industry Content Development (NOGICD) Act among critical stakeholders in the oil and gas industry, the Nigerian Content Development and Monitoring Board (NCDMB) held a one-day sensitisation workshop for members of the Bench and the Bar in the Rivers State capital, […]

The arm of Nigerian National Petroleum Corporation Limited in charge of downstream and midstream regulations also known as The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has recently unveiled four fresh new regulations. These new regulations are believed to straighten the Nigerian petroleum sector especially the midstream and downstream sectors in accordance with the guidelines establishing […]

Transit Gas Nigeria Limited (‘TGNL’), a subsidiary of Axxela in a joint venture partnership with NNPC Gas Marketing Limited (‘NGML’), has commissioned a 150 MMSCFD Natural Gas City Gate facility in Ibefun to supply natural gas to industrial and commercial clusters in Ogun State, and other surrounding neighbourhoods in Nigeria’s Southwest region. The newly developed […]

MicCom Chief Operating Officer of MicCom, Bukola Adubi has further stressed the need of oil and gas sector to invest in capacity development as a paramount approach for a strategic and sustainable future of the industry. The MicCom boss made this assertion at sideline of the just concluded NOG Energy Week 2023 recently held in […]

The Nigeria present power state is expected to add 188-Megawatt to its total power generation  through Geometric Power plant in the Osisioma Industrial Layout in Aba, Abia State scheduled to start electricity generation by September. Confirming this vital information as concerns the prevailing Nigerian poor power state is the Geometric Power group chairman, Professor Bart […]

The Nigeria present power state is expected to add 188-Megawatt to its total power generation  through Geometric Power plant in the Osisioma Industrial Layout in Aba, Abia State scheduled to start Electricity Generation by September. Confirming this vital information as concerns the prevailing Nigerian poor power state is the Geometric Power group chairman, Professor Bart […]