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Sunday, August 9, 2020

Nigeria’s Gas development: The Chevron Nigeria Limited’s success story

The development of Nigeria’s vast gas resources has been one of the major policy thrusts of successive governments in Nigeria. It is worthy of note that Nigeria is blessed with resources for growth and global competition in gas. The country ranks 9th in...

Foreign investment inflow into Nigeria’s oil and gas industry rose by 259% in Q1

Foreign investment inflow into the Nigeria’s oil and gas industry rose by 259 per cent to $85.62 million in the first quarter of 2018, according to data obtained from the National Bureau of Statistics, NBS. The seized money. This, according to the NBS Nigerian Capital...

Total to proceed with Nigeria Ikike, LNG projects

French oil group, Total, said it will approve plans to proceed with the Ikike project in Nigeria in the coming months. The firm also plans to expand its liquefied natural gas (LNG) project in the country, CEO Patrick Pouyanne said yesterday. Total is one...

Morocco-Based Themis to Invest in New Natural Gas Power Plant in Nigeria

The two companies aim to produce affordable energy in Nigeria through a cost reflective tariff system.

DPR Issues Licence for Ajaokuta LNG Project

xxela Limited, a gas and power portfolio company, has announced that the Department of Petroleum Resources (DPR) has issued a Licence to Establish (LTE) for the Liquefied Natural Gas (LNG) facility in Ajaokuta, Kogi State. Axxela, in a statement, explained that the LNG project was...

NNPC to fast-track local capacity development, as Egina projects set to add 200,000bpd

The Nigerian National Petroleum Corporation (NNPC) will accelerate local capacity development in all its operations within the nation’s Oil and Gas industry. NNPC Group Managing Director, Dr. Maikanti Baru, disclosed this while delivering a keynote address during an occasion to mark the Egina Manifold Sail...

ENI to open Ghana oil and gas field 3 months early

June 12 2017, Accra – Italy’s ENI will start commercial oil and gas production at its Sankofa field off the coast of Ghana in July, three months ahead of schedule, project partners said on Friday. The Sankofa field, which will pump 45,000 barrels per day,...

Nigeria’s LNG, train-7 will attract higher demand globally, report

THERE are indications that the output of the Nigerian Liquefied Natural Gas, NLNG, train-7 will attract higher demand globally, going by the forecast by DNV GL, a globally renowned oil & gas research organisation. In its latest report obtained by Naija247news, DNV GL stated:...

Shell Nigeria considering investment in gas project in Niger Delta

WARRI, Nigeria, June 20 - Shell is considering whether to invest in a gas project in Nigeria's southern Niger Delta energy hub, the managing director of the local unit said on Tuesday. Nigeria has the world's ninth largest proven gas reserves, at 187 trillion cubic...

Egina FPSO: Samsung generates $400m into Nigeria’s petroleum sector

Samsung Heavy Industries (SHI), said it has invested over $400 million in the Nigerian oil and gas industry since the global shipbuilding giant was awarded the contract to build the Floating Production Storage Offloading (FPSO) vessel for the 200,000 barrels of crude oil per...
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