All posts tagged "Oil and Gas News"
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AKK Project for Sustainable Economic Growth – President Buhari
President Muhammadu Buhari has said that delivery of the 614km Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline project is part of his Administration’s efforts to ensure sustainable development...
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AKK Project: President Buhari Shown Dedication to Local Content Development – Oilserv Chairman
The Chairman and Chief Executive Officer (CEO) of Oilserv Limited, Engr. Emeka Okwuosa has said that President Mohammadu Buhari has shown dedication for the development...
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Oilserv to Absorb 3,000 Workers in AKK Project
As President Mohammadu Buhari perform the flag off ceremony of the 40-inch x 614km Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline project, Oilserv Limited one of the nation’s...
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President Buhari Flags-off Construction of 614km Ajaokuta-Kaduna-Kano Gas Pipeline
The Federal Government’s aspiration to boost domestic utilisation of gas in Nigeria will receive a boost tomorrow as President Muhammadu Buhari performs the Flag-off of...
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Flag Off of $2.8 Billion AKK Project 95 Percent Ready – Oilserv
Oilserv Limited, one of the companies handling the $2.8 billion Ajaokuta-Kaduna-Kano (AKK) gas pipeline, has said that the preparation for the flag off construction of...
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Manufacturing Holds Key to Recovery of Oil and Gas Markets, Expert says
Abu Dhabi, UAE – A revival in manufacturing across the world holds the key to the mid-term recovery of oil and gas markets, with consumer...
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Nigeria Targets $10 Per Barrel Cost of Production by 2021
The Federal Government of Nigeria has made its intention to fix the Unit Operating Cost (UOC) of producing crude oil in Nigeria to $10 per barrel. The...
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Nigeria reaffirms Commitment to Comply with OPEC+ Production Agreement
Following the conclusion of the OPEC and non-OPEC meeting held on June 6th, 2020, Nigeria has reconfirmed its commitment to comply with OPEC+ Production Agreement,...
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OPEC Calls on Oil Producers to Adhere to Production Adjustment
The 11th OPEC and non-OPEC Ministerial Meeting was held via videoconference, on Saturday, 06 June 2020, under the Chairmanship of HRH Prince Abdul Aziz Bin...
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OPEC+ Extends First Phase Production Adjustment till July 2020
The 179th Meeting of the Conference of the Organization of the Petroleum Exporting Countries (OPEC) was held via videoconference, on 06 June 2020, under the...
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Liberia auctions oil blocks online due to Coronavirus outbreak
The Liberian Government is seeking interest from companies on participating in the offshore license round, which was open since April 10, 2020. But, due to...
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Total enters into a giant offshore wind farm project in Scottish North Sea
Paris, – Total has entered into an agreement with SSE Renewables, to acquire a 51% stake in the Seagreen 1 offshore wind farm project for...
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Chief Sylva clears air, denies reports that Nigeria is yet to comply with OPEC+ Production Cut
The Honourable Minister of State for Petroleum Resources, Chief Timipre Sylva, has cleared the air on media reports that Nigeria is yet to comply with...
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DPR Launches 2020 Marginal Fields Bid Round
By Ndubuisi Micheal Obineme Victoria Island, Lagos – The Department of Petroleum Resources (DPR), on behalf of the Federal Government of Nigeria, has formerly announced...
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Templars Provides Innovative Financing Framework for NLNG’s Train 7 Project
By Olagbaju Adefemi Jackson Lagos, NIGERIA, — Nigeria LNG Limited (NLNG) has secured $3 billion for the development of its Train 7 project. In Oil...
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Total Announces Approval of New Resolutions Proposed By Shareholders
Paris, May 29, 2020 – Total’s Shareholders’ Meeting was held as a closed session at the Company’s headquarter, on May 29, 2020, under the chairmanship...
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Chevron Takes Extreme Measures in Response to COVID-19 Pandemic
By Ndubuisi Micheal Obineme Chevron Corporation has officially announced new actions that it will take in response to the COVID-19 pandemic. During its Annual Stockholders...
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Total Announces Results of the 2020 Capital Increase Reserved for employees
Paris, – In accordance with its policy in favour of employee shareholding, the Board of Directors of TOTAL S.A. decided, on September 18, 2019, to...
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Nigeria to launch bidding rounds for several oil blocks in 2020
By Ndubuisi Micheal Obineme Chief Timipre Sylva, Nigeria’s Minister of State for Petroleum Resources, has said that the country is expecting a rise in investor...
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SNEPCo Commences 5th Turnaround Maintenance on Bonga
Shell Nigeria Exploration and Production Company (SNEPCo) has begun the 5th turnaround maintenance at Bonga and its crude oil export terminal. According to SNEPCo this...
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Oil prices rise as countries relaxed coronavirus restrictions
NEW YORK (Reuters) – Oil prices rise in the last two weeks as some countries relaxed coronavirus restrictions to allow factories and shops to reopen....
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Apex Industries joins Equal by 30 Campaign
The Equal by 30 campaign aims to have public and private sector commitments to work towards equal pay, equal leadership and equal opportunities for women...
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TSAVO Oilfield Services Joins Equal by 30 Campaign
NAIROBI, Kenya, — In yet another bold move, TSAVO Oilfield Services (TSAVO) becomes a signatory of the Equal by 30 campaign, alongside 7 key partners...
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Nigeria’s PPPRA Clears Oil Marketers to Import Fuel
Private oil marketers have joined the Nigerian National Petroleum Corporation in the importation of petrol, according to VON. The Petroleum Products Pricing Regulatory Agency in...
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Nigeria LPG Consumption Exceeds Target in Q1 2020
The Petroleum Products Pricing Regulatory Agency (PPPRA) is pleased to announce that the Country has exceeded its Liquefied Petroleum Gas (LPG) Consumption target for the...
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Damen delivers complete package for Korean multi-purpose vessel
Damen Shipyards Group has signed an agreement with Korean yard Hanjin Heavy Industries and Construction (HHIC) to deliver a complete components package. The package includes...
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Industry Downturn Creates Opportunities for Local Content in Angola – Expert
LUANDA, Angola, — With an economic recession expected at -1.4% by the International Monetary Fund (IMF) this year, Angola is expected to be less hit...
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Total’s Investment Portfolio for Deepwater Projects in Africa Hits $160 billion
By Ndubuisi Micheal Obineme Mr. Mike Sangster, Managing Director, Total E&P Nigeria Limited, has said that Total has made a huge investment in deepwater water...
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Belarus set to receive first shipment of U.S crudeoil
WASHINGTON (Reuters) – The first shipment of U.S. crude oil is heading to Belarus this week, fulfilling a commitment made in February, U.S. Secretary of...
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NLNG signs EPC Contracts with SCD JV Consortium
Nigeria LNG Limited (NLNG) has signed the Engineering, Procurement and Construction (EPC) Contracts for its Train 7 Project with the SCD JV Consortium, comprising affiliates...
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AKK Project: President Buhari Shown Dedication to Local Content Development – Oilserv Chairman
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President Buhari Flags-off Construction of 614km Ajaokuta-Kaduna-Kano Gas Pipeline
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Flag Off of $2.8 Billion AKK Project 95 Percent Ready – Oilserv
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Manufacturing Holds Key to Recovery of Oil and Gas Markets, Expert says
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Nigeria reaffirms Commitment to Comply with OPEC+ Production Agreement
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OPEC Calls on Oil Producers to Adhere to Production Adjustment
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OPEC+ Extends First Phase Production Adjustment till July 2020
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Liberia auctions oil blocks online due to Coronavirus outbreak
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