WHO’S WHO IN THE NIGERIAN OIL & GAS INDUSTRY

WHO’S WHO IN THE NIGERIAN OIL & GAS INDUSTRY

Who’s Who in the Nigerian Oil and Gas Industry makes available within one source, comprehensive information on Nigerian professionals and entrepreneurs who have and are making significant contribution to the growth and development of the industry.
Nigerian professionals have been contributing significantly to the development of the Nigerian industry since its modest beginnings to its present [...]

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All for Gas

All for Gas

The discovery of gas in neighboring African countries, and also the discovery of shale gas in other parts of the world has pushed finding a viable market for gas produced in Nigeria to the front burner.[...]

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Aganga Bemoans Low GDP

Trade and Investment Minister Olusegun Aganga has blamed Nigeria’s less than projected GDP growth on the lack of efficient allocation and management of the nation’s human and natural resources.
He said in Uyo, Akwa Ibom State that almost three years after the introduction of Nigeria’s Vision 20: 20 20 economic blueprint, the country’s GDP was still [...]

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FirstBank Acquires DRC Bank

FirstBank Acquires DRC Bank

FirstBank has acquired Banque International de Credit, BIC, one of the leading banks in the Democratic Republic of Congo.
The acquisition which has been approved by the Central Bank of Nigeria, CBN, is in line with FirstBank’s growth strategy which includes international expansion. The bank’s expansion plans are expected to deliver benefits such as greater earnings [...]

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WHO’S WHO IN THE NIGERIAN OIL & GAS INDUSTRY

WHO’S WHO IN THE NIGERIAN OIL & GAS INDUSTRY

Who’s Who in the Nigerian Oil and Gas Industry makes available within one source, comprehensive information on Nigerian professionals and entrepreneurs who have and are making significant contribution to the growth and development of the industry.
Nigerian professionals have been contributing significantly to the development of the Nigerian industry since its modest beginnings to its present [...]

Read more
Sovereign Wealth Fund: What’s all the Heat About?

Sovereign Wealth Fund: What’s all the Heat About?

That implementation of the Sovereign Wealth Fund which has an act of parliament to back it, is generating so much controversy and stout opposition from the forum of governors, shows how late Nigeria is in accepting the need to use its petroleum resources to catalyse economic development and to prepare for the future.[...]

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Power Sector Lacks Continuous Investment

The lack of continuous investment in the power sector has been mentioned by the Chairman of the Nigerian Electricity Regulatory Commission, NERC, Sam Amadi as the cause of inadequate electricity supply in the country. Amadi stated this during the Power Consumer Assembly which held in Calabar recently. Speaking through Eyo Ekpo, the Commissioner in charge [...]

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State Commissions Solar Energy Project

State Commissions Solar Energy Project

The Ogun State Government has commissioned a solar energy project in Asore village, Ado-Odo, Ota Local Government Area of the State. The project was sponsored by Schneider Electric Nigeria and is part of the Ogun State’s programme of establishing solar power in 150 communities.
Speaking at the occasion, the Deputy Governor of the state, Prince Segun [...]

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FG Tasks Power Ministry On Structured Training

FG Tasks Power Ministry On Structured Training

The Federal Government has directed the ministry of power to restore structured training programmes and to come up with a five-year strategic plan for the development of the National Power Training Institute of Nigeria, NAPTIN.
NAPTIN is an agency of the power ministry set up to conduct training for personnel in the country’s power sector. Recently, [...]

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Combating Piracy Beyond Traditional State Borders

Combating Piracy Beyond Traditional State Borders

Piracy in the Gulf of Guinea has become so prevalent in recent times that one of the world’s emerging trade hubs is currently under threat. Although the region is a valuable source of oil producing more than 3 million barrels of oil, per day, it has limited capacity to ensure safe maritime trade, protection of [...]

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Pan Ocean Awards Pipeline Contract To Fenog

Pan Ocean Awards Pipeline Contract To Fenog

Pan Ocean Oil Corporation has awarded a contract for the construction of the multi-billion naira Amukpe-Escravos Pipeline Project, AEPP, to an indigenous company, Fenog Nigeria Limited.
The project which involves installation of 20/pipeline across the 67 kilometers route, is to handle 160,000 barrels of oil per day with remote manifolds to accumulate third parties’ crude oil [...]

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Factors Behind Nigeria’s Dwindling Reserves

Factors Behind Nigeria’s Dwindling Reserves

President of the Nigerian Association of Petroleum Explorationists, NAPE, Jide Ojo has said Nigeria’s crude oil reserves were dwindling because the Federal Government had not put adequate incentives in place to enable companies engage in further oil exploration.
Ojo said oil companies needed to be encouraged to search for more oil reserves.
“When a company spends so [...]

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