Cost of Services in Nigeria’s Oil and Gas Industry is Cheapest in Africa – PETAN President The President, Petroleum Technology Association of Nigeria (PETAN), Engr. Wole Ogunsanya has declared that the cost of providing services in Nigeria’s oil and gas industry is relatively the cheapest on the African continent. He spoke at a Town hall…
NCDMB Partners Renaissance, First E&P, to Launch Nigerian Engineering Olympiad The Nigerian Content Development and Monitoring Board (NCDMB), in partnership with Renaissance Africa Energy Company Limited and First Exploration & Petroleum Development Company Limited (First E&P) recently launched the Nigerian Engineering Olympiad (NEO), an engineering competition aimed at addressing at inspiring engineering students to develop…
16-Year-old OAU Female Student Wins NCDMB Annual National Essay Competition The 9th Award and Prize-giving Ceremony of the NCDMB Annual National Undergraduate Essay Competition came to a close on Friday at the Nigerian Content Tower, Yenagoa, with 16-year-old Miss Josephine Oyinkansola Akande, of Obafemi Awolowo University, Ile-Ife, emerging overall winner. The 200-level medical student, who…
INVEST WHERE IT MATTERS: NIGERIA IS AFRICA’S GATEWAY TO ENERGY GROWTH. By Chris Mark The Minister of State for Petroleum Resources (Oil), Sen. Heineken Lokpobiri, Ph.D., has reiterated that Nigeria has become a destination of choice for energy investments. Addressing industry leaders, financiers, and institutional investors at the African Energy Week (AEW) Invest in Nigeria…
Nigeria Is Open To Business, Lokpobiri Tells Global Oil Community. By Chris Mark The Honourable Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri Ph.D has sent a clear message to the global oil community that the landscape has changed and the country is open for business. Speaking at the EPC deepwater Investment Roundtable…
FG Committed To Fostering Increase Crude Oil Production, Says Lokpobiri. The Federal Government has reaffirmed its commitment to fostering increased crude oil production through supportive policies, incentives, and strategic partnerships with international oil companies (IOCs). This reassurance came during a courtesy visit by Mr. Nicolas Terraz, President, Exploration & Production at TotalEnergies SE, to the…
FG Moves To Make Nigeria West Africa Hub For Petroleum Products. The Federal Government has reaffirmed its commitment to positioning Nigeria as the marketing hub for refined petroleum products across West Africa. This was disclosed by the Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri Ph.D, during his keynote address at the West…
OPEC Seminar: Africa’s Energy Sector Needs Increase Investment —-Lokpobiri The need for increased investment in Africa’s energy sector has been re-emphasized by the Honourable Minister of State for Petroleum Resources, Senator Heineken Lokpobiri PhD. The Minister who made this statement during Ministerial Session at the 9th OPEC International Seminar held in Vienna, Austria called on…
NNPCL To Undertake A Comprehensive Review Of Operatorship Arrangements, Says Minister. The Minister of State for Petroleum Resources, Oil, Senator Heineken Lokpobiri Ph.D said President Bola Ahmed Tinubu has directed the board of the Nigerian National Petroleum Corporation Ltd, NNPCL, to undertake a comprehensive review of all operatorship arrangements. As he said the move is…
Capacity Building, Critical For Growth In Nigeria’s Energy Sector —-Lokpobiri. The importance of sustained investment in capacity building as a critical foundation for growth in Nigeria’s energy sector cannot be overemphasized, It’s as a result of this the Honourable Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri ph.D has charged operators in capacity…
