Acteon is proud to welcome Risqserve Africa Projects Limited as our official partner in Nigeria. This collaboration marks a significant milestone in our commitment to delivering comprehensive offshore mooring solutions …
President Bola Ahmed Tinubu has warned marginal oil field licence holders in Nigeria without capacity to look for something else to do instead of wasting their time in the country’s …
Appoints Receiver/Manager We’re not not in receivership-Power firms’ FBNQuest Trustees Limited, a subsidiary of FBN holdings has appointed a receiver/manager for KEPCO Energy Resources Limited, a special purpose vehicle for …
The Nigerian Upstream Petroleum Regulatory Commission has said that the 220 open oil blocks scattered in various onshore and offshore basins across the country would be handed to concessionaires after …
Chevron has completed its planned takeover of Hess following the arbitration ruling Chevron has completed its planned takeover of US producer Hess after winning its arbitration against ExxonMobil over a …
ExxonMobil has announced the appointment of Mr. Jagir Baxi as Chairman and Managing Director, and Lead Country Manager, of its affiliates in Nigeria. The affiliates include: Esso Exploration and Production …
In a significant boost to Nigeria’s crude oil production and export capabilities, leading financial institution Fidelity Bank Plc has facilitated the construction of the country’s first privately built and operated …
SAM AIBONI Throughout Africa, a new generation of business leaders is reauthoring the continent’s narrative—one characterized not by lack, but by innovation, resilience, and sustainable development. These transformational leaders are …
Shell has completed the sale of The Shell Petroleum Development Company of Nigeria Limited (SPDC) to Renaissance, as announced 16 January 2024 The divestment of SPDC aligns with Shell’s intent …
The Securities and Exchange Commission (SEC) has issued a strong warning to Nigerians against investing in Risevest (Victoria Island) Cooperative Multipurpose Society Limited and Stecs (Alausa) Multipurpose Cooperative Society, popularly …
