Divestments: Indigenous Energy Companies Capable of Growing Nigeria’s Oil production -Seplat

Seplat Energy PLC, leading Nigerian independent energy company listed on both the Nigerian Exchange and the London Stock Exchange, has that indigenous oil companies can grow Nigeria’s oil production. The company maintained that Nigeria’s sub-surface potentials could be largely optimized…

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…

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…

“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…

Azudialu-Obiejesi, Awolowo, call for enactment of enforceable local content laws to build capacity, provide AFCTA local guidance

The Chairman of Nestoil Limited, Dr Ernest Azudialu-Obiejesi, has called for the enactment of Local Content Laws that are enforceable to build and protect local capacity. Azudialu-Obiejesi made the call on Monday at a panel session on “Exportation of Local…

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