Live Breaking News & Updates on போங்கா தெற்கு மேற்கு
Stay updated with breaking news from போங்கா தெற்கு மேற்கு. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
OML 118 Dispute: Kyari’s leadership and Nigeria’s next billion barrels, By Momodu Abutu ADVERTISEMENT Mother Nature has a way of depositing its vast treasures wherever it pleases. In the wonderful world of hydrocarbons, these resources are either placed onshore (on land) or offshore (in water). Beneath the hidden depths of the world’s seas, ranging from a few hundreds to several thousands of feet (called deepwater), therein lies vast fortunes of oil and natural gas resources. These resources have the capacity to boost world economic growth and play a vital role in the future of the rapidly changing global energy mix. ....
By Momodu Abutu (AFRICAN EXAMINER) – Mother Nature has a way of depositing its vast treasures wherever it pleases. In the wonderful world of hydrocarbons, these resources are either placed onshore (on land) or offshore (in water). Beneath the hidden depths of world’s seas ranging from a few hundreds to several thousand feet (called deepwater), therein lie vast fortunes of oil and natural gas resources. These resources have the capacity to boost world economic growth and play a vital role in the future of the rapidly changing global energy mix. It is on record that Nigeria is fortunate to have its own fair share of the world’s deepwater endowments. data show that the country produces almost 10% of the global deepwater oil production in recent times. Moreso, the deepwater terrain has become extremely significant in Nigeria’s energy space representing almost half of the nation’s oil production and holding about 35% of the country’s oil reserves. ....
Privacy and cookies Upstream is part of NHST Global Publications AS and we are responsible for the data that you register with us, and the data we collect when you visit our websites. We use cookies in a variety of ways to improve your experience, such as keeping NHST websites reliable and secure, personalising content and ads and to analyse how our sites are being used. For more information and how to manage your privacy settings, please refer to our privacy and cookie policies.Read more OK, I understand ....
Last month made it 11 years that the Nigerian Oil and Gas industry Content Development (NOGICD) Act was enacted and without doubt, the past 11 years had been a mixed bag. One major player in the local content orbit of the nation’s oil and gas industry, who knows of every corner of the NOGICD room, is Dr. Diran Fawibe, Chairman/Chief Executive Officer, International Energy Services Limited (IESL). A pioneer staff of the Nigerian National Petroleum Corporation (NNPC), Fawibe is one of the early founding fathers of Nigeria’s national oil company. As one of the few, who erected the fundamentals that hold the architecture and superstructure, that is today’s NNPC, Fawibe, who looms large in the local content arena of the oil and gas community, says there are some areas of interventions that deserve more attention; especially concerning access to support fund by the indigenous oil services companies. With over five decades of active service to the industry, Fawibe is a doyen of the ....