‘Foreigners dominate oil vessel trade’

Only 60 of the 600 vessels in the upstream oil sector are owned by indigenous operators, the General Secretary of the Indigenous Shipowners Association of...

Four suspected pirates set for trial

The four suspected pirates, who hijacked an oil vessel, MT Norte, car-rying 17,000 metric tons of Petrol Motor Spirit (PMS) in the Gulf of Guinea on August...

Nigerdock completes first offshore living quarters for Total

Nigerdock Nigeria Plc has completed the offshore living quarters built for Ofon Phase II project being developed by French oil giant, Total, the first...

Total announces load-out of Ofon Phase-2 process platform from Korea

The Ofon phase-2 process platform (OFP-2) is on its way to the Ofon field located in the Oil Mining Lease (OML) 102, 50 kilometres  ...

Eni extends Abo FPSO contract in Nigeria

BW Offshore has signed an extension contract for FPSO Abo with Nigerian Agip Exploration Ltd, a subsidiary of ENI S.p.A., of six months until...

Delta says work’ll soon commence On $20 billion Ogidigben EPZ

The Delta Commissioner for Oil and Gas, Mr Omamofe Pirah, has announced that work on the Ogidigben Export Processing Zone, a joint-venture between the...

‘Implement 24-hour cargo clearance policy’

A Council member of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), Adams Idifueko has called for the implementation of the promised...

USAID offers to build capacity for NPA

The United States Agency for International Development (USAID) has offered to assist the Nigerian Ports Authority (NPA) especially in the area of capacity building....

Number of idle floating production units reaches all-time high

The number of available floating production systems (FPS) worldwide stands at 20, an all-time high for available FPS units, Energy Maritime Associates (EMA) Pte...

Nigeria’s oil industry faces serious damage as pirate attacks double

Unless the increasing trend of pirate attacks in the Gulf of Guinea is tackled quickly and effectively, piracy could do serious damage to Nigeria’s...

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