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New operating consortium promises Nigeria better value from 4 oil assets


Vanguard News
New operating consortium promises Nigeria better value from 4 oil assets
On
By Innocent Anaba
Kaztec Engineering Limited and Salvic Petroleum Resources consortium have promised to offer Nigeria better value in terms of increased revenue, local content boost, and more employment opportunity as they take over the operatorship of the Oil Mining Leases (OMLs) 123, 124, 126 and 137 previously operated by Addax Petroleum.
The new partners also disclosed that they have commenced engagement with Addax to ensure a smooth and amicable transition of operations at the assets.
The Kaztec/Salvic consortium said that the Department of Petroleum Resources, DPR, deserved to be commended for doing due diligence and following relevant laws in making them the choice operators of the assets. ....

Kaztec Salvic , Oil Mining Leases Omls , Kaztec Engineering , Department Of Petroleum Resources , Addax Petroleum , Nigerian National Petroleum Corporation , Gas Industry Content Development Local , Salvic Petroleum Resources , Nigerian Oil , Kindly Share This Story , Engineering Limited , Oil Mining Leases , Petroleum Resources , Production Sharing Contractor , Gas Industry Content Development , Local Content , Share This Story , துறை ஆஃப் பெட்ரோலியம் வளங்கள் , நைஜீரியன் தேசிய பெட்ரோலியம் நிறுவனம் , நைஜீரியன் எண்ணெய் , கைஂட்லீ பகிர் இது கதை , பொறியியல் வரையறுக்கப்பட்டவை , எண்ணெய் சுரங்க குத்தகைகள் , பெட்ரோலியம் வளங்கள் , வாயு தொழில் உள்ளடக்கம் வளர்ச்சி , உள்ளூர் உள்ளடக்கம் ,

Snake Island: FG receives report on idle fabrication yard


By Edith Ike-Eboh
Abuja, April 7, 2021 The Federal Government has formally received the report from committee on compensatory contracts and others incentives for KAZTEC Engineering Ltd.
Kaztec Engineering Limited is a subsidiary of Chrome Group, an indigenous engineering and fabrication company owned by Chief Emeka Offor.
The Company’s Fabrication yard on Snake Island, which houses Badagry Creek Industrial Park Free Trade Zone, licensed in 2014 was grounded in March 2015 when Addax Petroleum had tax issues with the Federal Government.
The grounding of the company also led to abrupt halt of the platform construction for oil production from Antan and Ofrima/Udele fields and unpaid salaries to workers, contractors, and vendors. ....

Nigeria General , Snake Island , Abuja Federal Capital Territory , Edith Ike Eboh , Magnus Abbe , Timipre Sylva , Ofrima Udele , Addax Petroleum , Ministry Of Petroleum , Petroleum Resources , Company Fabrication , Kaztec Engineering , Chrome Group , Engineering Ltd , Federal Government , Engineering Limited , Chief Emeka , Petroleum Resources Chief Timipre Sylva , Senator Magnus Abbe , Force Majeure , நைஜீரியா ஜநரல் , பாம்பு தீவு , கூட்டாட்சியின் மூலதனம் பிரதேசம் , மேக்னஸ் அப்பே , அமைச்சகம் ஆஃப் பெட்ரோலியம் , பெட்ரோலியம் வளங்கள் ,

MEIL Making International Oil Rigs With Indigenous Technology

MEIL Making International Oil Rigs With Indigenous Technology
sakshi.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sakshi.com Daily Mail and Mail on Sunday newspapers.

Tamil Nadu , Indian Navratna , Gujarat State Ahmedabad , Engineering Limited , Advanced Technology , தமிழ் நாடு , பொறியியல் வரையறுக்கப்பட்டவை ,

Meeting of TS, AP to resolve pending bifurcation issues up in the air


Meeting of TS, AP to resolve pending bifurcation issues up in the air
Updated:
Updated:
Centre asks States to pro-actively cooperate in finding amicable solutions
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Finance principal secretary K. Ramakrishna Rao explained the State’s stand in the issue. Representational photo
  | Photo Credit:
The Hindu
Centre asks States to pro-actively cooperate in finding amicable solutions
A meeting convened by the Union Home Ministry to resolve the pending bifurcation issues between the two Telugu States, Telangana and Andhra Pradesh, ended inconclusively with the Centre stressing the need for effective coordination between the two States to resolve amicably majority of the issues. ....

Andhra Pradesh , Singareni Collieries , New Delhi , Ajay Kumar Bhalla , Union Home Ministry , Engineering Limited , Union Home , Reorganisation Affairs , Singareni Collieries Company , Telugu States , Home Secretary Ajay Kumar Bhalla , State Reorganisation Affairs , Singareni Collieries Company Limited , Andhra Pradesh Bhavan , Union Home Secretary , Chief Ministers , Attorney General , ஆந்திரா பிரதேஷ் , சிங்கறெநீ கோலியர்ஸ் , புதியது டெல்ஹி , அஜய குமார் பல்லா , தொழிற்சங்கம் வீடு அமைச்சகம் , பொறியியல் வரையறுக்கப்பட்டவை , தொழிற்சங்கம் வீடு , சிங்கறெநீ கோலியர்ஸ் நிறுவனம் , தெலுங்கு மாநிலங்களில் ,