Industry

Buhari laments non-implementation of sector’s plan Nigeria’s oil and gas sector is facing a dismal future as projects worth over $163 billion remain in limbo amid worsening investment drought. The development, which has already…
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… Says Deep Offshore Act Amendment Long Overdue The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has called on oil and gas professionals in the Country to…
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*How women can compete favourably in the oil and gas industry…Report -By Aisha Sambo The global oil and gas industry may be inclined towards recruitment of more women in the near future, if the report of McKinsey Research is…
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-By Adeniyi Onifade The Nigeria Content Development and Monitoring Board, NCDMB, is committed to increasing women participation in the nation’s oil and gas sector, the Executive Secretary, Simbi Wabote said. Speaking at the maiden…
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-By Gideon Osaka Rystad Energy estimated that as much as $100 billion can be eliminated from exploration and production upstream budgets through automation and digitalization initiatives in the 2020s. Service companies are…
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-By Gideon Osaka TGS has fired the first shot to commence a new survey in the MSGBC Basin, offshore north-west Africa. The Senegal Ultra-Deep offshore 3D survey covers over 4500km2, with a modern broadband acquisition set-up. It is…
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-By Benjamin Ike Penultimate Wednesday the World Bank and International Monetary Fund (IMF) made case for urgent structural reforms to fast-track Nigeria’s economic recovery even as President Muhammadu Buhari faulted the statistics…
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-By Gideon Osaka President Muhammad Buhari’s apology to Belema and Offion Ama, in Akuku Toru local government area of Rivers State, host communities of the contentious oil mining lease, OML 25, may have come to many Nigerians as a…
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-By Julius Ogar More than 20 deals have been signed on Monday between Moscow and Riyadh during President Vladimir Putin’s state visit to Saudi Arabia. The agreements include the charter for long-term cooperation between the…
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-By Gideon Osaka Oil and gas companies have discovered 7.7 billion barrels of oil equivalent, Bboe year-to-date, according to Rystad Energy’s latest global discoveries report. Palzor Shenga, Senior Analyst on Rystad Energy’s…
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