By Uthman Salami Worley has won the contract that will carry out a front-end engineering and design (FEED) study for the proposed Nigeria-Morocco Gas Pipeline (NMGP) project. Worley’s Intecsea unit, which focuses on offshore engineering consultancy, is expected to manage…
Suspected billionaire drug Baron not our director- Masters Energy By Uthman Salami The Masters Energy oil and Gas limited has denied a media report that the suspected billionaire drug Baron, Chief Afam Mallinson Emmanuel Ukatu who was arrested for being…
Stakeholders in the Niger Delta have faulted the reasons advanced by International Oil Companies (IOCs) for divesting from onshore assets in preference to offshore fields. They said that the divestment move by IOCs was contrary to the transition advocacy to…
Nigeria has recorded a historic cut down in power sector tariff shortfall from accumulation of N1.891 billion ($4.5 million) to N247 billion ($592.1m) in 2021. The debts are equally projected to be eliminated by December 2022. This is coming as…
The Organisation of the Petroleum Exporting Countries (OPEC) has commiserated with the government of Imo, following Friday’s explosion of an illegal refinery at Abaezi forest in Ohaji-Egbema Local Government Area of the state. OPEC made the commiseration in a letter…
ExxonMobil Foundation, in collaboration with ExxonMobil affiliate Companies in Nigeria have announced support for partner organisations committed to preventing malaria in Nigeria. ExxonMobil said its grants, among other scheduled activities penciled down to mark the “World Malaria Day” also marked…
The number of functional crude oil production rigs in Nigeria decreased by 37.5 per cent to just 10 operational rigs in March 2022, the Organisation of Petroleum Exporting Countries has said. An oil rig, offshore platform, or oil and/or gas…
The Organisation of the Petroleum Exporting Countries (OPEC) price for basket of 13 crude oil samples stood at $108.81 per barrel as at Thursday, April 21. This is compared with $107.97 per barrel of the previous Wednesday, according to OPEC…
Eko Electricity Distribution Company (EKEDC) has cautioned customers to shun violence and assault against its employees while discharging their lawful duties. Mr Godwin Idemudia, General Manager, Corporate Communications, EKEDC, gave the warning in a statement issued on Sunday in Lagos.…
A proposed 225 Megawatts independent power plant is seeking gas supply from Shell Nigeria Gas (SNG), a leading domestic gas supply company with over 150 companies on its customers’ list. Managing Director of SNG, Ed Ubong said the company has…
