… as Ojulari sets ambitious $60bn investment target to boost oil, gas output by 2030 Oredola Adeola The Nigerian National Petroleum Company Limited (NNPCL) has declared a net profit of of ₦5.4 trillion supported by ₦45.1 trillion in…
… as Commission’s Corporate Communications unit offers behind-the-scenes industry exposure for energy editors Oredola Adeola The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has disclosed that it approved Field Development Plans (FDPs) valued at approximately $20 billion between January and…
Oredola Adeola The Petroleum Technology Association of Nigeria (PETAN) has urged stronger public–private supplier collaboration across Africa’s oil and gas industry. Noting that Nigeria’s NOGICD Act, implemented by the NCDMB, has delivered impressive results, raising in-country value retention and local…
… calls for bold human capital strategies Sahara Group revealed that implementing deliberate and innovative human capital strategies is crucial to driving sustainable growth and enhancing the competitiveness of Africa’s energy sector amid global energy security challenges and emerging…
…calls for urgent action in oil, gas sector Oredola Adeola Roger Brown, Chief Executive Officer of Seplat Energy Plc, warned that with Nigeria’s population projected to hit 400 million by 2050 and over 70 million people currently lacking electricity, stakeholders…
… makes commitment to address project delays, funding issues … as 2025 licensing round, targets gas-rich blocks, investment boost Oredola Adeola The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced it will launch the 2025 Licensing Round on December 1,…
… says joint use of offshore assets can curb reliance on other countries Oredola Adeola TotalEnergies has called on international oil companies (IOCs) operating in Nigeria’s deepwater sector to adopt shared service frameworks, particularly for FPSO operations, as a strategy…
NUPRC CCE evaluates FPSO’s compliance, quality assurance, sail-away readiness — says ‘I’m impressed with progress’ Oredola Adeola The first fully funded and converted EMEM Floating Production Storage and Offloading (FPSO) vessel by Oriental Energy Resources Limited (OERL), is now set…
…says Nigeria’s high interest rates to oil companies are driven by inflation, not banking policy Oredola Adeola Olusegun Alebiosu, Managing Director and Chief Executive Officer of First Bank of Nigeria Limited, has advocated for the reintroduction of a development…
… strategic investments key to ending energy poverty in Africa Oredola Adeola The Nigerian National Petroleum Company (NNPC) Limited has reiterated its commitment to collaborate with OPEC member countries, African national oil companies, and financial institutions to attract between $30…
