NIGERIA’S LEADING CONSTRUCTION GIANT RUPTURES GAS PIPELINE
Residents of Arepo and Magboro in the Obafemi Owode Local Government Area of Ogun State, as well as motorists and commuters, were in panic on Wednesday after a gas pipeline belonging to the Nigerian National Petroleum Corporation was ruptured by employees of Julius Berger Nigeria Plc, who were working on …Read More
DRIVING EFFICIENCY THROUGH GAS-GENERATED ENERGY
Industries require reliable energy to operate optimally. When energy supplies are unreliable, it can interrupt manufacturing processes which ultimately leads to a loss in revenue. Organisations are therefore increasingly looking at spreading their risk and supplementing their energy supply to ensure that they can continue operating should the country’s grid …Read More
GUYANA TO GET ASSISTANCE FROM GHANA FOR OIL EXPLORATION
Ghana to give free technical assistance to Guyana after oil discovery according to President Akufo-Addo
Republic of Guyana is set to get help from Ghana following the discovery of considerable deposits of oil and gas. This help comes after a meeting between both nation leaders at Georgetown.
Ghana President Akufo-Addo …Read More
SEPLAT PARTNERS WITH NNPC TO RAISE US$700m GAS DEVELOPMENT FUNDS
Seplat teams up with NNPC to improve gas production in Nigeria.
Seplat Petroleum Development Company recently announced that it is partnering with Nigeria National Petroleum Corporation (NNPC); to raise US$700 million for a gas development project.
The US$700 million is for a joint gas project in Imo state; which will …Read More
EGYPT ANNOUNCES WINNERS OF US$800M OIL AND GAS EXPLORATION TENDERS
Minister of Petroleum Announces winners of Both EGAS and EGPC oil and gas exploration tenders in Egypt.
Egypt’s Petroleum Minister has announced the result of the oil and gas exploration tenders. These oil and gas exploration tenders were for digging the Egyptian Natural Gas Holding Company (EGAS) and The Egyptian …Read More
SHELL NIGERIA SIGNS DEAL WITH GP AND GACN TO SUPPORT ABA INTEGRATED POWER PROJECT
Shell signs gas supply and aggregation agreement for Aba Integrated Power Project (IPP)
The Shell Petroleum Development Company of Nigeria Limited (SPDC) recently signed an agreement with Geometric Power Aba Limited (GP) and Gas Aggregation Company of Nigeria (GACN). The gas supply and aggregation agreement will enable GP and GACN …Read More
NNPC SIGNS US$1.7bn DEAL WITH CHEVRON TO INCREASE CRUDE PRODUCTION
NNPC and Chevron sign agreement aimed at boosting reserves and production of crude in Nigeria.
The Nigerian National Petroleum Corporation ( NNPC ) and Chevron Nigeria Limited (CNL) have finalized an Alternative Financing Agreement to increase crude production by about 39,000 barrels per day. This report is according to a …Read More
US$300M GAS DEAL BETWEEN SHORELINE ENERGY AND SHELL
Nigerian energy company Shoreline has signed a US$300 million agreement with Shell to develop, buy,market, distribute and sell gas in the commercial capital, Lagos.
Meanwhile, in June Shell said that it would place more emphasis on gas rather than oil in the West African country, which has the world’s ninth-largest …Read More