Lagos oil field operator; Folawiyo Petroleum’s MD indentifies PIGB’s flaws

The CEO of Yinka Folawiyo Petroleum Company Limited; operator of the Aje field, offshore Lagos, has identified gaps in the Petroleum Industry Governance Bill...

Shell lifts force majeure on Bonny Light exports

Shell Petroleum Development Company of Nigeria (SPDC), Thursday, lifted force majeure on Bonny Light exports, thus signalling the official restart of export of the...

Kachikwu tasks SAIPEM on investment in exploration, production

The Minister of State for Petroleum, Dr. Ibe Kachikwu, at the 50th anniversary celebration of SAIPEM in Lagos, tasked the company on actively investing...

Balanced global oil market in sight – Barkindo

OPEC Secretary-General Mohammad Barkindo said there is no doubt that following efforts by global oil producers to curb production, the oil market is rebalancing,...

Kachikwu, Baru hold meeting with Osinbajo

The Minister of State for Petroleum, Ibe Kachikwu, and the Group Managing Director of the NNPC, Maikanti Baru, on Wednesday held a closed door...

NNPC set for aggressive gas sector development – Baru

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Kacalla Baru, has stated that the Federal Government has mandated the...

Repaired Nembe Creek Trunk Line set to boost Nigerian oil exports

Nigerian crude exports looked set for a boost on Tuesday after repairs to a key pipeline were completed, Reuters reports. Repairs to Nigeria’s Nembe Creek...

Shell divestment transformed NPDC into a “major” oil company – Official

Kareem Folorunso, the Nigerian Petroleum Development Company (NPDC) Manager in charge of Oil Mining Lease (OML) 26, during a technical session of the Nigerian...

Trelleborg hires and trains Nigerians on innovative offshore solutions

Trelleborg’s offshore operation, along with its partner SDH Integrated Services, hosted its first local content event in Port Harcourt, Nigeria. The purpose of this...

Senate summons Baru, Shell management over alleged oil licence revocation

The Senate is set to probe the Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Maikanti Baru, over allegations that he was involved...

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