Positioning Indigenous Oil Firms For $50bn Sector Projects
As part of efforts to promote local content within the oil and gas sector, the Nigerian Content Development Monitoring Board(NCDMB), last week gathered major
Source: leadership.ng
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NOGOF 2023: Creating Growth Trajectory For Indigenous Oil And Gas Operators
Yemisi Izuora The Nigerian Content Development Monitoring Board, NCMB, is stopping at nothing to achieve its set goals and target in driving the local content initiative. This openly played at the the just concluded 2023 Nigerian Oil and Gas Opportunity Fair (NOGOF) which held in Yenagoa, Baye
Source: orientalnewsng.com
NNPC Ltd clears $3.8bn indebtedness to IOCs
"We have seen the worst, lessons have been learnt, and the solutions are being institutionalised to ensure we never see a repeat," an official said.
Source: premiumtimesng.com
NNPC Ltd clears indebtedness to IOCs, poised to grow crude oil production to 1.8mbpd in July
The Nigerian National Petroleum Company Ltd had cleared the $3.8bn cash call indebtedness to its Joint Venture Partners. The NNPC Ltd Chief Upstream
Source: dailypost.ng
Market Report: Plans Afoot to Secure Financing to Repair Refineries in Nigeria
February 15, 2021 The weekly Market Report is provided by Gladius Commodities of Lagos, Nigeria. Download the full report here. Learn more about Gladius Commodities at www.gladiuscommodities.com. NIGERIA The Federal Government of Nigeria launched the Nigerian Upstream Cost Optimization Program, which is aimed at boosting industry collaboration and process enhancement, according to Minister of State for Petroleum Resources, H.E. Timipre Sylva. The program aims to cut down the cost of crude oil production to $10 per barrel as a reduction of oil extraction costs remains pivotal to...
Source: africaoilandpower.com