The people of Letugbene, Ekeremor Local Government Area, Bayelsa State have shut down a drilling rig belonging to Shell Petroleum Development Company, (SPDC), alleging the company’s failure to accord them recognition as the rightful owners of the land where Tunu flow station is located. The people who ordered work to stop at the oil rig of the Specialty Drilling Fluids ...
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World Bank Approves $114.28m for Nigeria to Battle COVID-19
The world has approved $114.28 million financing to help Nigeria prevent, detect and respond to the threat posed by COVID-19 with specific focus on state level responses. According to a statement from the bank on Friday, August 7, 2020, the amount includes $100 million credit from the International Development Association (IDA) and $14.28 million grant from the Pandemic Emergency Financing ...
Read More »LADOL Partners Mammoet to Deploy MTC-15 Crane
In a bid to maintain the United Nation’s Sustainable Development goal in more partnerships, Lagos Deep Offshore Logistics (LADOL) in collaboration with Mammoet has deployed a heavy crane at one of its terminals. The deployment of the crane, Mammoet Terminal Crane, MTC 15, is a result of a strategic partnership agreement signed by both LADOL and Mammoet earlier this year. ...
Read More »Energy Transition: Shell Leads Others to Restructure Before Year End
by James Ikenna………… In recent months, oil supermajors have been vocal about becoming net-zero energy businesses and reducing emissions and some of them takensteps to accelerate investments into low-carbon energy sources. Leading the pack, Shell is now planning a significant restructuring to reflect its net-zero emissions goal for 2050. Shell is expected to announce before the end of the year ...
Read More »Covid-19: Petroleum Industry Earmarks N11.13 Billion For Medical Infrastructure
……..,Commences Building of Facilities in Three States A coalition of oil and gas companies in Nigeria has pledged N11.13 billion to construct medical facilities this is 53 percent of the N21billion ($58million) pledged to combat COVID-19 in the six geopolitical zones in the country. Ground-breaking ceremonies for the construction of 200-bed Infectious Diseases Hospitals with in-situ laboratory had already been ...
Read More »Namsar Endorses Finima Nature Park at World Environmental Day
This year’s celebration of the World Environmental Day (WED) has emphasised the impact of the global lockdown that gave a breather to the environment since March. The celebration has also amplified the value of investments made by corporate, governmental and social organizations in preservation of biodiversity the world over. And the recognition of the Finima Nature Park in Bonny Island ...
Read More »NNPC to Unveil COVID-19 Contacts-Tracing App
…,…………….Deploys Online Petroleum Products Procurement Solutions n line with the Transparency, Accountability and Performance Excellence (TAPE) agenda of the present Leadership of the Nigerian National Petroleum Corporation (NNPC), and the commitment to continually deploy Information and Communications Technology (ICT) for the purposes of operational efficiency and accountability within the corporation’s system, the National Oil Company has developed a contacts-tracing software ...
Read More »Bayelsa Community Seeks Remediation of 150,000 Barrel of Toxic Waste By Agip
The people of Brass Kingdom in Bayelsa State are seeking for the remediation and compensation for the 150,000 barrels of toxic waste being discharged by the Nigerian Agip Oil Company (NOAC) yearly into Brass river. According to the community this huge waste discharge has over the years brought about environmental pollution to their source of livelyhood in the Brass river ...
Read More »Shell, ExxonMobil, Chevron Sign Pact to Focus on Global Health and Environment
by James Ikenna………….. Shell, ExxonMobil, Chevron and others have agreed to redirect their focus and attention to global health, safety and environmental protection while striving to produce energy for the world consumption. In a letter signed by these International oil companies (IOCs) they said that the reality brought about by Covid-19 has further crystallized their focus on what is essential. ...
Read More »Agip Oil Spill Caused by Equipment-NOSDRA
The National Oil Spills Detection and Response Agency says the two recent leaks from Agip’s oilfields in Southern Ijaw and Brass Local Government Areas of Bayelsa State were caused by equipment failure. Idris Musa, Director-General, NOSDRA, confirmed the development over the weekend in Yenagoa Musa explained that officials of the agency conducted a Joint Investigative Visit to Agip’s 10″ Cough ...
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