NNPC takes over Addax Petroleum assets.
The Nigerian National Petroleum Company (NNPC) Limited has taken over the assets of Addax Petroleum’s production sharing contract (PSC). NNPC Group Chief Executive Officer (GCEO), Mele Kyari and the outgoing …
Aiboni wins Heritage magazine’s 2022 Man of the Year award.
A Peoples Democratic Party (PDP) chieftain in Lagos State and the Deputy National Secretary of Nigerian Business Communities (NBC) for Atiku/Okowa, Barrister Sam Aiboni, has been honoured by the Heritage …
Frank Mba Appointed As New Lagos Police Commissioner
The Nigerian Inspector General of Police (IGP), Alkali Baba, has approved the redeployment of two commissioners of police to Lagos and Ogun States respectively. The commissioners of police concerned are; Frank …
‘Develop Batteries for Electric Vehicles Here’: Zimbabwe Bans Export of Raw Lithium
Zimbabwe earlier this week stopped the export of raw lithium from its mines and said that it wants cash in on the value addition and also stop losing billions to …
Shell to pay $16m to Nigerian farmers over oil damage
A Dutch court ruled in 2021 that Shell’s Nigerian subsidiary was liable for damages resulting from the spills and ordered Shell to pay compensation in the long-running lawsuit brought by …
Nigeria to Open Bidding for Deep Offshore Oil Blocks
The Nigerian government has appointed a transaction adviser for the upcoming bid round of select acreages. The consultant, a subsurface evaluation service company named Petro-Vision, is involved in pre-Financial modelling …
Shell Emerges Best Local Content Operator
Shell Companies in Nigeria have been named the best local content operators at the 2022 annual industry dinner and awards ceremonies of the Petroleum Technology Association of Nigeria (PETAN) held …
A new era with Savannah Energy’s acquisition of ExxonMobil’s upstream and downstream assets in Chad and Cameroon
Savannah Energy announced the completion of its acquisition of ExxonMobil’s portfolio of upstream and downstream assets in Chad and Cameroon. The African Energy Chamber (AEC) supports the acquisition by Savannah …
Nigerian Gas Flare Programme: What if the Operator Stops Producing, Or the Field Just Shuts? – Africa’s premier report on the oil, gas and energy landscape.
“If you submitted a proposal/bid in the 2020 process, please go to the NGFCP portal and do the Status Validation process”, the regulator told a group of American companies at …
UTM Offshore to Set a Natural Gas Milestone with Nigeria’s First Floating Liquefied Natural Gas (FLNG) Facility
UTM Offshore will sign an agreement for the Front-End Engineering Design (FEED) for Nigeria’s first Floating Liquefied Natural Gas (FLNG) facility with engineering firms KBR, JGC Corporation and Technip Energies …