A Nigeria private petrochemical agro-giantcompany Indorama Petrochemical and Fertilizer Plants Company have invested over $3billion in Nigeria economic sector with a further plan to invest over $6billion in no due time. This was disclosed by country’s Minister of State for Petroleum Resources, Chief Timipreye Sylva during a ministerial tour to the company’s facilities recently in […]

Maersk Supply Service a Danish offshore vessel giant has announced that the company won a mooring line replacement contract in West Africa Nigerian shore. Though the net worth value of the contract and the its client is still emains undisclosed, but Maersk Maker vessel is being presently deployed to perform a supporting job in a […]

The Executive Secretary, Nigerian Content Development and Monitoring Board, (NCDMB), Engr. Simbi Kesiye Wabote has flagged off the training of 30 Trainees for the maiden American Society for Non-Destructive Testing, (ASNT) Level III Training and Certification in Nigeria. The Executive Secretary was represented at the ceremony in Port Harcourt, Rivers State on Monday by the […]

The Executive Secretary, Nigerian Content Development and Monitoring Board, (NCDMB), Engr. Simbi Kesiye Wabote has flagged off the training of 30 Trainees for the maiden American Society for Non-Destructive Testing, (ASNT) Level III Training and Certification in Nigeria. The Executive Secretary was represented at the ceremony in Port Harcourt, Rivers State on Monday by the […]

Shell – is next in line after AP, Chevron – has decided to part with part of its workforce in order to launch its restructuring and its switch to cleaner energy production. This decision is primarily part of the efforts to reorganize the company’s activities. With a view to restructuring its activities over the next 30 […]

General Electric Company GE recently announced that it has completed the gas turbine rehabilitation project at Niger Delta Power Holding Company’s (“NDPHC”) three power plants located in Nigeria. Financial terms of the deal were kept under wraps. NDPHC is the major producer of electricity in Nigeria, with an overall installed capacity of 4.0-gigawatt. Currently, the company […]

The Nigeria NNPC Group announced that it signed off on agreements for monetization of Oil Mining Lease (OML) 143 with Sterling Global. The agreement will give Sterling Global the licences to begin production and trade from findings early even at the exploration stage. Sterling Global was accused of an illegal mining operation in 2019. The […]

Nigeria’s long-awaited oil reform bill would privatise the Nigerian National Petroleum Company (NNPC), amend changes to deepwater royalties made late last year and scrap key regulatory agencies in favour of new bodies, a copy of the bill seen by Reuters showed. President Muhammadu Buhari has sent the bill to the Senate, two sources told Reuters. […]

Nigeria LNG (NLNG) has selected Siemens Energy to provide a cryogenic boil-off gas (BOG) compression train for its Bonny Island liquefaction plant in Finima, Nigeria, Siemens reported according to Rigzone.. “With more than 20 years of safe and reliable production, the NLNG Bonny Island plant is a staple facility in the global LNG industry,” remarked […]

PGS a global survey firm, providing seismic images and 3D data describing the subsurface beneath the ocean floor that oil companies rely on to find oil and gas reserves worldwide has announced that More than 3 500 sq. km of new PGS broadband reprocessed MultiClient data is now available in the West Niger Delta Basin, […]