Wednesday, September 22, 2021

Shelf Drilling, ONGC Score Three-Year Jack-Up Deal

As for the rig, the Parameswara is a 300-foot jack-up drilling rig of a Baker Marine BMC 300 IC design. It was built in 1983 and upgraded in 2001.

Buhari Makes Araraume Board Chairman of NNPC Ltd.

President Muhammadu Buhari
President Muhammadu Buhari, has directed the incorporation of the Nigerian National Petroleum Company, NNPC, Limited. This is in consonance...

Shell trains 40 Imo youths for gas projects

Hurricane
Wabote, who was represented by the NCDMB Manager, Human Capacity Development, Mrs. Angela Okoro, said, “The agency is passionate about the project and would continue to strengthen human capability development in the sector.”

NCDMB Develops Oil and Gas Park in Ondo State

l and gas industrial park under the portfolio of NOGaPS, aimed at creating low-cost manufacturing hubs, that will produce equipment components and spare parts, to be utilized in the nation’s oil and gas industry.

Nigerians paid N2.15trn for petrol in 12 months, says NNPC

NNPC
NNPC reported that total sales of petroleum products for the period May 2020 to May 2021 stood at 18.651billion litres and PMS accounted for 99.69 percent of total volume.

Shell targets 2 million tonnes of low-carbon jet fuel by 2025

jet
Royal Dutch Shell says it plans to start producing low-carbon jet fuel at scale by 2025. The recently transformed...

Lagos state warns DPR on reopened tank farms

tank farm
The Lagos State Government has warned the Department of Petroleum Resources, DPR, to refrain from aiding unlawful acts in the state, especially that which concerns the recent re-opening of tank farms that violated seeking its physical planning approvals.

GE Foundation Provides Support Afghan Refugee

Afghan
The GE Foundation created the concept of a corporate matching gift program in 1954. Today, the program continues to serve as an important element of the Foundation’s portfolio, with gifts matched in 2020 totaling $16.8 million.

KKR to buy Norway’s Ocean Yield in $829m deal

Ocean yield
Ocean Yield's board supported the bid, and its top owner, Norway's Aker ASA, said it had agreed to sell its 61.65% stake to KKR. ($1 = 8.6872 Norwegian crowns).

OPEC daily basket price stood at $74.14 a barrel Friday, 17...

OPEC
Vienna, Austria, 20 September 2021--The price of OPEC basket of thirteen crudes stood at $74.14 a barrel on Friday, compared with $74.17...

NAIG’s ultimatum to Chevron expires.

Chevron energy
As the 28-day ultimatum handed down to the management of Chevron Nigeria Limited, CNL by the National Association of Itsekiri Graduates, NAIG,...

Major Oil Marketers Reveal Strategy To Sustain Business

Major oil marketers reveal strategy to sustain business as discussions around energy transition continues to be at the Centre of global energy...

OPEC daily basket price stood at $74.17 a barrel Thursday, 16...

OPEC
Vienna, Austria, 17 September 2021--c(view archives). The OPEC Reference Basket of Crudes (ORB) is made up of the...

OPEC daily basket price stood at $73.78 a barrel Wednesday, 15...

OPEC
Vienna, Austria, 16 September 2021--The price of OPEC basket of thirteen crudes stood at $73.78 a barrel on Wednesday, compared with $73.29...

OPEC turns 61

OPEC takes pride in honouring and celebrating its rich and unique history and heritage, particularly on the Anniversary of its founding...

OPEC daily basket price stood at $71.98 a barrel Friday, 10...

OPEC
Vienna, Austria, 13 September 2021--The price of OPEC basket of thirteen crudes stood at $71.98 a barrel on Friday, compared with $71.82...

OPEC daily basket price stood at $71.82 a barrel Thursday, 9...

OPEC
Vienna, Austria, 10 September 2021--The price of OPEC basket of thirteen crudes stood at $71.82 a barrel on Thursday, compared with $71.17...

OPEC daily basket price stood at $71.35 a barrel Tuesday, 7...

OPEC
Vienna, Austria, 8 September 2021--The price of OPEC basket of thirteen crudes stood at $71.35 a barrel on Tuesday, compared with $71.30 the previous...

OPEC daily basket price stood at $71.30 a barrel Monday, 6...

opec daily basket price
Vienna, Austria, 7 September 2021--The price of OPEC basket of thirteen crudes stood at $71.30 a barrel on Monday, compared with $72.58 the...

LPG Dealers Demand Reduction of Import Tax On Cooking Gas

Liquefied Petroleum Gas, LPG, dealers in Nsukka, Enugu State, have blamed the rise in the price of LPG also known as...
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