Frazenergy, Galileo Sign Investment Decision to Unlock $20 Billion Gas Infrastructure

FrazEnergy Ltd (a subsidiary of Oilserv) and Galileo Technologies, yesterday signed a Final Investment Decision (FID) to unlock the over $20 billion gas infrastructure deficit in the country. The milestone, according to FrazEnergy, is in line with President Bola Tinubu’s…

Chevron Nigeria Wins Best Exhibitor Award at 2024 NOG Energy week

Chevron Nigeria Limited (CNL), operator of the joint venture between the Nigerian National Petroleum Company Limited (NNPCL) and CNL –NNPCL/CNL JV – was on Wednesday July 3, 2024, recognized with the Best Exhibitor award at the 2024 edition of the…

Nigeria to host African Energy Bank

Nigeria has been granted the hosting right for the African Energy Bank (AEB), after beating Ghana, Benin Republic, Algeria, South Africa and Cote D’Ivoire in a keenly contested bidding. Sen. Heineken Lokpobiri, the Minister of State, Petroleum Resources (Oil), told…

Deep water project: TotalEnergies advocates good fiscal incentives, competition to reduce costs

……As deep water segment in Nigeria stuck for 10 years In a bid to move the deep water projects of the Nigerian oil and gas sector forward, Country Chairman and Chief Executive Officer of TotalEnergies EP Nigeria Limited, Mr. Mathieu…

President Tinubu unfolds strategies for economic rejuvenation

President Tinubu inaugurated Presidential Economy Coordination Council; unveil measures for economic rejuvenation

Namibia’s Largest Oil and Gas Conference Returns in August

Building on the success of its first edition, and in response to calls for a follow-up conference, the Namibia Oil and Gas Conference has confirmed it will return to Windhoek from 20-22 August 2024. With over 800 delegates, key industry…

PETAN to deploy ‘Quality Seal’ to genuine service providers, chase out ‘Briefcase Contractors’

… supports NCDMB, NUPRC to weed out ‘Middlemen Business’ in Nigeria’s oil, gas sector The Petroleum Technology Association of Nigeria (PETAN) is collaborating with the Nigerian Content Development and Management Board (NCDMB) and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC)…

“NNPCL Declares Emergency in Crude Oil Production, Urges Collaboration to Cut Costs”

In a move towards increasing Nigeria’s crude oil production and growing its reserves, NNPC Ltd has declared a state of emergency on production in Nigeria’s oil and gas industry. Group Chief Executive Officer of NNPC Ltd, Mr. Mele Kyari, disclosed…

Africa: Local Content in Oil & Gas: A Catalyst for Shared Growth in Namibia

Ndapwilapo Selma Shimutwikeni, Chief Executive Officer (CEO) and Founder of Rich Africa Consulting, explores how Namibia’s focus on local content is set to unleash a wealth of opportunities for the local population, building on recent breakthroughs in the upstream industry…

African Development Bank, Climate Investment Funds Spearhead Just Transition Workshops in Uganda

The two-day event brought together key stakeholders to ensure that the shift towards a clean economy doesn’t leave vulnerable communities behind   The African Development Bank Group and the Climate Investment Funds (CIF) have launched a series of groundbreaking workshops…

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