The NNPC Ltd.’s new Executive Vice President, Upstream (EVP), Mr. Udobong Ntia, has called on upstream stakeholders in the nation’s oil and gas industry to strengthen corporate governance, transparency, and efficiency. Ntia, spoke during an Upstream Governance, Risk and Compliance Workshop themed “Enhancing Governance, Risk and Compliance in Nigeria’s Upstream Sector” held in Lagos, on […]
Buoyed by the ranking as Nigeria’s top performing organisation in efficiency and transparency from 2022 to date, the Nigerian Content Development and Monitoring Board (NCDMB) has unveiled plans to mark the 2024 World Anti-corruption Day on Thursday, 5th December at the Nigerian Content Tower, Bayelsa State. The theme of this year’s celebration is “Effective Whistleblowers […]
Eni announced the publication of its first local sustainability report for Côte d’Ivoire, outlining the company’s achievements and future goals for the benefit of local stakeholders. The launch ceremony was attended by representatives from institutions, non-governmental organizations, suppliers, and partners involved in Eni’s projects in the country. “Since the discovery of the Baleine field in […]
A long list of oil industry leaders, ministers of the federal republic, national assembly members, and oil and gas stakeholders are confirmed to attend the 2024 edition of the Practical Nigerian Content Conference and Exhibition, which is slated for the first week of December at the magnificent Nigerian Content Tower, Yenagoa, Bayelsa State. The event […]
First Exploration & Production Company (First E&P), an integrated upstream company and the operator of the Abigail Joseph FPSO facility, operated under the NNPCL-First E&P Joint Venture on OML 83/85 offshore Bayelsa, has disclosed that it is targeting a daily production of 100,000 barrels. The FPSO, which is currently producing at a commendable rate of […]
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has pledged to work closely with stakeholders in the sports sector to develop and commercialize the game of football in Nigeria. The Group Chief Executive Officer (GCEO) of NNPC Ltd., Mr. Mele Kyari, made the commitment while receiving a delegation from the National Sports Commission, the International […]
The 8th edition of the Nigeria International Pipeline Technology and Security Conference NIPITECS 2024 an event organized by the Pipeline Professionals Association of Nigeria (PLAN), kicked off on Thursday 21, 2024 at the Abuja Continental Hotel. Abuja with the theme: Pipeline – Critical Assets for National Development and Environment Sustainability. This event was fully represented […]
NLNG recently kicked off its Nigerian Content Human Capacity Development (NC-HCD) Basic Training Programme for the NLNG Train 7 Project in Port Harcourt, Rivers State. This major NC programme aims to reskill young graduates and develop human capital. A total of 331 young graduates from diverse academic disciplines, who emerged successful out of 848 previously […]
Seplat Energy Plc, a foremost indigenous energy company, says Nigeria’s development will require significant improvements in access to energy. According to the Company, lower-cost, more reliable energy will drive job creation, prosperity and social development and achievement of the United Nations’ Sustainable Development Goals (SDGs). The Chief Executive Officer, Seplat Energy Plc, Mr. Roger Brown, said this while delivering […]
BW Energy, an operator of the Dussafu Marin licence in Gabon and the Golfinho cluster offshore Brazil reported EBITDA of USD 130 million for the third quarter of 2024. This was up from USD 75.9 million in the previous quarter, due to higher oil sales following record quarterly production in Gabon. The net production from operated assets was 25,570 bbls/day. This includes the Tortue, Hibiscus, and Hibiscus South fields in the Dussafu licence (73.5% working interest or WI) and the Golfinho field (100% WI). “BW Energy delivers record quarterly production and cash-flow from operation in the third quarter, supporting attractive appraisal, development, and field optimisation […]
