April 19, 2024Extractive IndustryGasMidstreamNewsOil & GasService CompanyUpstream

PETAN seeks NUPRC, stakeholders collaboration to unlock Nigeria’s untapped oil, gas for in-country refining, stable supply

“We have the rigs, we have the services, untapped resources underground that need to be tapped”- Engr. Ogunsanya   Oredola Adeola   The Petroleum Technology Association of Nigeria (PETAN) has expressed its members’ eagerness to collaborate with the Nigerian Upstream…

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April 19, 2024NewsOil & GasUpstream

NNPCL, First E&P begin oil production from Madu field in OML 85, target oil 20,000 barrels per day

  Oredola Adeola   The Nigerian National Petroleum Company Limited (NNPC Ltd) and its Joint Venture partner, First Exploration and Petroleum Development Company Limited (First E&P), have commenced oil production from the Madu Field, located in OML 85, in shallow…

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April 18, 2024FinanceGasMidstreamNewsOil & GasUpstream

Gas Supply, Purchase Agreement for $3.6 billion Brass  methanol, gas processing plant to be executed In May – Ekpo

Oredola Adeola The Gas Supply and Purchase Agreement (GSPA) to support the Final Investment Decision (FID) for the $3.6 billion Brass  methanol plant and gas processing plant in Odioma, Brass Island, Bayelsa State, to be executed by May, 2024. Ekperikpe Ekpo,…

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April 18, 2024DownstreamLocal ContentMidstreamNewsOil & GasUpstream

FG seeks partnership with PETAN to revitalize idle oil, gas wells, optimize active ones for increased revenue

  …PETAN demands incentives for stakeholders to boost industry output   Oredola Adeola   The Federal Government has announced its readiness to collaborate with the Petroleum Technology Association of Nigeria (PETAN) to revitalize some of the country’s idle wells and…

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April 16, 2024Extractive IndustryMidstreamNewsOil & GasUpstream

Nigeria’s oil reserve hits 37.50 billion barrels, as natural gas reserve surges to 209.26 TCF

  Oredola Adeola   Nigeria’s oil + condensate reserve has grown to 37.50 billion barrels, while the total natural gas (associated and non-associated) reserve has surged to 209.26 Trillion Cubic Feet (TCF) as of January 2024, the Nigerian Upstream Petroleum Regulatory…

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April 15, 2024AdvertorialImpactLocal ContentMaritimeNewsOil & GasTechnologyUpstream

SPDC deploys Uncrewed Surface Vessel (USV) for pipeline route survey in Niger Delta

  … reduces risks to personnel, environment … cuts costs, time,   Oredola Adeola   Shell Petroleum Development Company of Nigeria Ltd (SPDC) has recently deployed Accession 500, an Uncrewed Surface Vessel (USV) for a pipeline route survey in the Niger…

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April 6, 2024FeatureMidstreamNewsOil & GasUpstream

PETAN throws weight behind President Tinubu’s oil, gas production drive

…commits to strengthening partnership with Energy Correspondents   The Petroleum Technology Association of Nigeria (PETAN) has pledged its backing to the President Bola Tinubu-led administration’s drive to boost Nigeria’s oil and gas output for optimal returns, assuring that the country…

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April 1, 2024DocumentaryGasGenerationInterviewLocal ContentMidstreamNewsOil & GasPowerTransmissionUpstream

Continuing with Diesel driven trucks for gas transportation, delivery in Decade of Gas is an economic paradox- Iheme, MD Gasavant

    … says “infrastructure key to achieving 10kg per capita gas consumption target in Nigeria” … urges private sector to lead Diesel-to-Gas facility conversion efforts   Engr. Emeka Iheme, Managing Director, Gasavant Africa, a Gas Infrastructure Development firm who…

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March 22, 2024DocumentaryEnergy TransitionImpactNewsOil & GasUpstream

Transparency, research, innovation, driving NNPC Ltd. transformation – EVP Gas, Power & New Energy

… “Gas has come to stay ” says Ogunleye Oredola Adeola Mr. Olalekan Ogunleye, Executive Vice President, Gas, Power and New Energy, Nigerian National Petroleum Company Ltd., has identified transparency, accountability, research, technology and innovation as key drivers of the…

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March 21, 2024DownstreamGasMidstreamNewsOil & GasPowerUpstream

NNPCL makes strategic shift, vows to prioritize gas for power generation, industrialization over oil dominance

  Oredola Adeola   The Nigerian National Petroleum Company (NNPC) Ltd. has revealed that its transition from traditional role as a major oil company to a key player in the gas sector, is deliberately pivoted towards utilizing gas for power…

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