The Nigerian Content Development and Monitoring Board (NCDMB) in partnership with Learners Support Consultancy Company has called for submissions from innovators, technologists and other young science enthusiasts to the Nigerian Oil and Gas Technology (NOGTECH) programme. The NCDMB initiative is the first-ever technology hackathon in the Nigerian Oil and Gas industry and is aimed at […]
The Nigeria National Petroleum Corporation (NNPC) has announced the commencement of crude oil exploration along the Bida Basin sokoto North of Nigeria. The crude oil exploration 2D seismic data acquisition surveys in the Bida Sokoto basin are expected to spread across eight local government councils of Niger state, two in Kwara state and one in […]
On the verge of covid 19 pandemic, the Nigeria’s Department of Petroleum Resources(DPR) has ordered oil and gas companies operating in the country to downsize their workforce and practice social distancing as a tightening measures to cushion the corona virus outbreak. The regulatory body ordered oil and gas companies particularly the multinational, indigenous E & […]
The Nigerian Content Development and Monitoring Board (NCDMB) has approved the Nigerian Content Compliance Certificate (NCCC) and Approved Vendors Lists (AVLs) for the Nigeria LNG Train 7 Project. The approval gives NLNG the final clearance to award the project to Saipem, Chiyoda, Daewoo Consortium and commence the execution, having previously signed the Letter Of Intent […]
Nigeria-focused Oil Company Lekoil a Nigerian indigenous exploration and production company has of recent announced reduction of its workforce numbers which is believed to be unconnected with the prevalence of global covid 19 pandemic but as part of the “immediate and accelerated” implementation of the company’s general and administrative (“G&A”) cost reduction measures. “These measures […]
The U.S. Trade and Development Agency has awarded a grant to NNPC Gas and Power Investment Company LTD (GPIC) to provide the technical, economic and financial analysis necessary for the development of a 1,350-megawatt combined cycle, natural gas-fired power plant in Abuja. The project will utilize indigenous gas resources to address the growing demand for […]
The Department of Petroleum Resources (DPR) has officially handed over the Oil Mining Licence (OML) 98 to the Nigerian Petroleum Development Company, a subsidiary of the Nigerian National Petroleum Corporation (NNPC). Speaking at the hand-over in Abuja, Mr Sarki Auwalu, DRP Director and Chief Executive Officer, said that the licence was revoked from its operators […]
The Department of Petroleum Resources (DPR) Nigeria Government petroleum regulatory body has finally announced its long awaited licensing round for marginal oilfields first time in nearly 20 years. The announcement came amidst the legal battles between the Nigeria government and some marginal oilfield operators sighting the recent court rulings that barred some of the fields […]
The UK court has finally jettisoned the $1.1 billion claim brought before court by Nigeria against Royal Dutch Shell and Eni as related to a dispute over the OPL 245 oilfield. The presiding judge made the outright dismissal recently over the allegation brought before the honorable court by Nigeria government that payments made by the […]
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