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 […]

The Nigerian National Petroleum Company (NNPC) Ltd. has reiterated its commitment towards utilising Nigeria’s abundant gas resources to trigger Nigeria’s industrialisation and economic development. NNPC Ltd.’s Executive Vice President, Upstream, Mrs. Oritsemeyiwa Eyesan, disclosed this during a Panel Session at the ongoing 2024 CERAWeek Conference in Houston, the United States, on Tuesday. Eyesan, whose session […]

*It’s a new phase in Nigeria’s Energy Transition Plan– VP Shettima* Vice President Kashim Shettima has said Nigeria’s energy transition journey as well as its resolve to embrace clean and renewable energy solutions remains on track under the administration of President Bola Ahmed Tinubu. The Vice President stated this on Tuesday at the Presidential Villa […]

The long awaited Nigeria-Morocco Gas Pipeline Project has now taken a progressive shape as the Final Investment Decision of the 7,000km and 3 Bcf/d gas pipeline, which was conceived in 2016, will be signed in December 2024. The Nigerian National Petroleum Company Limited NNPCL Group Chief Executive Officer Kyari said this on Tuesday at the 2024 […]

UTM Offshore Limited, promoters of Nigeria’s first Floating Liquefied Natural Gas (FLNG) facility has requested the Nigerian Content Development and Monitoring Board (NCDMB) to invest equity in the project and to accelerate key approvals that would fast-track the project’s development. The request was made on Wednesday at the Nigerian Content Tower in Yenagoa, Bayelsa State […]

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 […]