Friday 22nd February 2019
Friday, 22nd of February 2019
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Shell invites bid for new FPSO in Bonga

Bayo Ojulari

Shell Nigeria Exploration and Production Company (SNEPCo) has announced Invitation to Tender (ITT) to contractors for the development of the Bonga South West Aparo (BSWA) oil field. SNEPCo Managing Director, Bayo Ojulari Bamidele Odugbesan, Shell Spokesman, said in a statement on Thursday, February 14, 2019 in Lagos that the project’s initial phase includes a new Floating, Production, Storage and Offloading ...

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Shell, partners sign 300 million cubic feet gas FID


The Shell Petroleum Development Company of Nigeria Limited (SPDC) and its joint venture partners signed a Final Investment Decision (FID) agreement for a 300 million cubic feet of gas on Wednesday, February 13, 2019 in Abuja at a ceremony witnessed by the Managing Director of Total Exploration and Production Nigeria Limited, Mr. Nicholas Terraz, and the Managing Director of Nigeria ...

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10 developments that will shape Africa’s energy sector in 2019

oil installation

According to the African Energy Chamber, 2019 will be key for the advancement of new exploration and production development projects from West to East Africa Oil installation After a year of rebound and recovery, Africa’s old and new hydrocarbons markets have an opportunity to further entrench the continent’s position as the world’s hottest oil and gas frontier in 2019. However, ...

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Oil and gas sector generated $17.05bn in 2016, says NEITI

Waziri Adio

A recent report of the Nigeria Extractive Industries Transparency Initiative (NEITI) reveals that the total financial flows from Nigeria’s oil and gas sector slumped to $17.05 billion in 2016, a 31% decline on the $24.79 billion generated in 2015, and a 75% on the sector’s peak earnings of $68.44 billion generated in 2011. In addition, the 2016 figure is the ...

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Shell’s Bonga hits 800m barrels mark

Bayo Ojulari

In 13 years of deep-water exploration, the Bonga vessel of the Shell Nigeria Exploration and Production Company (SNEPCo) has produced over800 million barrels of crude oil, confirming the company as a pacesetter in offshore oil and gas production in the Gulf of Guinea. SNEPCo Managing Director, Bayo Ojulari In its review of the performance of the Bonga Floating Production, Storage, ...

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Ministry inaugurates committee to develop robust coal roadmap

Alhaji Abubakar Bwari

The Minister of State, Mines and Steel Development (MMSD), Alhaji Abubakar Bwari, has inaugurated a 13-man committee to develop a robust road map of the Nigeria’s coal assets. Bwari inaugurated the committee on Project Delivery Team for the Reinvigoration of the Coal Sector and Concession of the Nigerian Coal Corporation (NCC) coal blocks on Thursday, November 15, 2018 in Abuja. ...

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Nigeria seeks support for re-election into ITU

Permanent Mission Picture

Nigeria’s belief in multilateralism and readiness to serve as exemplified by its many international commitments makes its bid for re-election into the International Telecommunications Union (ITU) worthy of support from countries within Africa and the globe, the Ambassador/Permanent Representative of the Nigerian Permanent Mission in Switzerland, Ambassador Audu Kadiri, has said. Ambassador Kadiri, while hosting heads of permanent missions and international agencies ...

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Osoba, Odinkalu for second GOCOP annual conference

Guild of Corporate Online Publishers

The Second Annual Conference of the Guild of Corporate Online Publishers will hold at Sheraton Hotel, Ikeja, Lagos State on Friday, October 19, 2018, with former Governor of Ogun State, Aremo Olusegun Osoba, as Chairman. A statement signed by GOCOP’s Publicity Secretary, Olumide Iyanda, disclosed that the theme of the conference is: “Online Publishers’ Role Towards A Sustainable Economy, Credible ...

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Shell boss calls for diversification roadmap


The Managing Director of Shell Nigeria Exploration and Production Company (SNEPCo), Bayo Ojulari, has harped on economic diversification as a panacea for job creation and rapid economic growth of Nigeria. He spoke at the just-concluded annual conference and exhibition of the Nigeria Council of the Society of Petroleum Engineers (SPE) where Shell Companies in Nigeria bagged the award for best ...

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FBNQuest Asset Management highlights investment opportunities for Diaspora Nigerians

Ike Onyia

FBNQuest Asset Management, a part of the FBN Holdings Plc Group, has called on Nigerians in the Diaspora to take advantage of the numerous investment opportunities available in Nigeria. This call was made at the just-concluded Nigerians in Diaspora Global Development Conference in London. The conference presented a rare opportunity for Nigerians in the diaspora to engage in constructive and ...

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