Oil production from local firms hits 300,000bpd

Indigenous players in the exploration and production (E&P) value chain of the oil and gas industry account for 300,000 out of  the about 2.2...

Saipem signs JV with Nigeria’s Dangote Group

Saipem has entered into a Joint Venture with Dangote Group, one of Africa’s leading companies, to create a new company named Saipem Dangote E&C. Saipem...

Saipem close to JV deal with Nigerian partner

Saipem is close to signing a joint venture with a big local partner in Nigeria as the oil contractor seeks to grow its presence...

ExxonMobil invests $1 billion in local content, commits to long term investment

ExxonMobil Nigeria Unlimited has said that it has awarded projects worth over $1 billion (about N198 billion) to Nigerian firms in the last few...

JDR partners with indigenous firm to expand footprint in Nigeria

JDR, a leading provider of technology connecting the offshore energy industry, has expanded its footprint by establishing a new service and maintenance facility in...

Local firm to build fertilizer, power plants in Edo state

The Chairman and Chief Executive  Officer (CEO) of OBAX World Limited, Patrick Obasuyi, has said that his company is building a  $250 million fertiliser plant...

Nigerians must be given first refusal on offshore operations – NIMASA

The Nigerian Maritime Administration and Safety Agency (NIMASA) has warned that Nigerian ship owners must be given the right of first refusal in the...

Caverton, NNPC sign helicopter charter service agreement

Caverton Helicopters Limited, a subsidiary of Caverton Offshore Support Group PLC (COSG) has announced that it has signed a Helicopter Charter Service Agreement with...

Indigenous service firm adds ocean diving support vessel to its fleet

Petrolog, an indigenous service company, has acquired an ocean diving support vessel to boost its operations and advance the local content policy of the...

Kaztec makes progress on Addax’s Antan platform, NNPC promises support for local content

Work carried out by Kaztec Engineering  Limited, a subsidiary of Chrome Group, has reached an advanced stage  on the construction of the platform and jacket...

SUBSCRIBE TO LATEST ENERGY NEWS

Read the latest energy industry news and researched articles
for oil and gas, power generation, renewable energy, events and more...