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Photo: Rick Kennedy, Chairman/Managing Director, Chevron Nigeria Limited ……by Ben Ndubuwa…….. As Nigeria celebrates her 63rd independence anniversary, Chevron companies in Nigeria are proud of our partnership and contribution to the social and economic development of the country. In its six decades of operation in Nigeria, Chevron Nigeria has continued to make significant investments in the country that have helped ...

……….by Ben Ndubuwa……..Savannah Energy PLC, a British firm has announced its unaudited half-year results for the six months ended 30 June 2023.The H1 2023 Unaudited Financial Results showed that the company’s total revenue grew 8% to US$138.7 million, compared to US$128.7 million in H1 2022. Adjusted EBITDA likewise increased by 8% to US108.2 million (H1 2022: US$100.3 million), and adjusted ...

…………by Ben Ndubuwa………. Minister of State Petroleum Resources (Gas), Mr. Ekperikpe Ekpo, has urged contractors handling theObrikom, Obiafo and Oben (OB3) gas pipeline project to ensure its completion by December this year.He stated this on Thursday during a tour of the 48 × 1.8km gas pipeline project designed to run across the River Niger conveying gas from the South-South and ...

Photo: General Manager, Upstream and Monitoring, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Jeff Tuatuagha with officials of Waltersmith Refining and Petrochemical Company Limited at the kick-off ceremony of Nigerian Content NC-Remedial Training Programme for young university graduates held on Friday in Port Harcourt, Rivers State. …….by Victor Egbo……….A 12-month Nigerian Content NC-Remedial Training Programme for young university graduates kicked off on ...

………by Victor Egbo……. Offshore Dimensions Limited, one of the leading indigenous oil and gas firm has said that the company just hit a remarkable milestone and has announced with excitement the prestigious honor it received recently from Parker Hannifin, a distinguished American OEM.Offshore Dimension received the “Outstanding Growth Award” from Parker Hannifer as an accolade and a special honor in ...

Photo: Dr. Victor Ekpenyong, MD Kenyon An oilwell control expert and Chief Executive Officer of Kenyon International, Dr. Victor Ekpenyong, says stakeholders in the oil industry must collaborate to produce more oil and gas, in order for the country to generate more revenue to aid smooth energy transition. Ekpenyong noted that conversations around climate change and renewable energy were skewed ...

……..by Victor Egbo……..With the goal of quickly ramping up Nigeria’s flagging crude oil production, ensuring compliance with the provisions of the Nigerian Content Act, and timely approvals of documents, the Nigerian Content Development and Monitoring Board (NCDMB) on Monday in Abuja signed a Memorandum of Understanding (MoU) cum Service Level Agreement (SLA) with the Nigerian National Petroleum Company Ltd (NNPC ...

………..by by Ben Ndubuwa….. The Special Adviser to the President on Energy, Mrs. Olu Verheijen, in partnership with the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has wrapped up a series of strategic engagements with 15 leading international and independent Oil and Gas Companies operating in Nigeria. These sessions, held in Lagos and Abuja, were carefully chosen after a detailed review ...

….…Becomes 1st State-owned oil company to Join Global Initiative……. The Nigerian National Petroleum Company (NNPC) Ltd. has signed up as a participant of the United Nations Global Compact, thereby becoming the first state-owned oil company to join the global initiative. In a short ceremony on the sidelines of His Excellency, President Bola Ahmed Tinubu’s session during the Global Africa Business ...

Key stakeholders in the country’s electricity industry have craved for stronger collaboration that would lead to new investment direction that will help in rejuvenating the ailing power sector. The stakeholders led by the Federal Ministry of Power highlighted collaboration and investment as key factors to tackle Nigeria’s electricity challenges. This is coming as the national grid collapsed on Tuesday five ...