Tag Archive

NNPC Recommends Split of Petroleum Licences

NNPC Recommends Split of Petroleum Licences

May 18, 2018 No Comments

The Nigerian National Petroleum Corporation (NNPC) has recommended the splitting of petroleum licences into two components for prospecting and production phases under the draft Petroleum Industry Administrative legislation currently before the National Assembly. In a presentation at the Public Hearing organized by the House of Representatives Committee on the Petroleum Industry Administrative Bill (PIAB), Petroleum […]

Nigeria Eyes Total Flare Out in Two Years

Nigeria Eyes Total Flare Out in Two Years

May 3, 2018 No Comments

As NNPC Announces Policies to End Gas Flare The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, announced a three-point smart strategy aimed at ending gas flaring in the nation’s Oil and Gas Industry. He made the announcement while delivering the lead paper on a panel session at the ongoing […]

NPDC Poised to Become Nigeria’s Number One E&P Company

NPDC Poised to Become Nigeria’s Number One E&P Company

April 30, 2018 No Comments

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has said that the target of the corporation is to make its foremost upstream subsidiary, the Nigerian Petroleum Development Company (NPDC), the number one exploration and production company in Nigeria. He spoke on the sidelines of the 18th Annual General Meeting […]

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NNPC Valuation and Land Acquisition Services Contract

NNPC Valuation and Land Acquisition Services Contract

April 9, 2018 No Comments

No fewer than 160 firms of professional estate surveyors and valuers participated in the bid to provide the Nigerian National Petroleum Corporation (NNPC) with valuation and land acquisition services. This was disclosed by the Group General Manager (GGM), Supply Chain Management, Mr. Shehu Liman, during a public bid opening exercise conducted by the corporation in […]

Middle East Gulf gasoline flows to West Africa

Middle East Gulf gasoline flows to West Africa

March 7, 2018 No Comments

At least two Mideast Gulf shipments of what are likely gasoline have arrived in Nigerian waters in March so far, according to Vortexa data. The medium range (MR) vessel Magnifica loaded from Saudi Arabia’s Yanbu port and the long-range (LR1) vessel BW Columbia loaded from Fujairah’s Vopak Horizon terminal in the UAE. Both arrived offshore […]

Nigeria’s first Marine Engineering Centre of Excellence

Nigeria’s first Marine Engineering Centre of Excellence

March 6, 2018 No Comments

The Centre of Excellence (CoE) in Marine Engineering and Offshore Technology established by the Shell Petroleum Development Company of Nigeria Ltd (SPDC)-operated joint venture at the Rivers State University (RSU) is set to open its doors to the pioneer students who are currently being screened in an elaborate admission process. More than 100 candidates had […]

NNPC, NIMASA, Maritime Stakeholders Weigh Crude Oil Export Options

NNPC, NIMASA, Maritime Stakeholders Weigh Crude Oil Export Options

January 17, 2018 No Comments

A high-powered meeting of stakeholders in the maritime industry has been convened to generate ideas on how best to export Nigerian crude oil to attract maximum benefits for Nigeria. The meeting with theme: “Free On-Board (FOB) and Cost, Insurance and Freight (CIF) Incoterms Framework for Export of Nigerian Crude Oil and Gas” was organized by […]

West African International Petroleum Exhibition and Conference (WAIPEC) 2018

West African International Petroleum Exhibition and Conference (WAIPEC) 2018

January 8, 2018 No Comments

The organisers of the eagerly anticipated second Petroleum Technology Association of Nigeria (PETAN). WAIPEC Oil and Gas News Undiluted !!! “The squeaky wheel gets the oil” Report your news Follow us: @OilAndGasPress on Twitter | OilAndGasPress on Facebook

NNPC Attains 98 Per cent Automation of Crude Oil Marketing Operations

NNPC Attains 98 Per cent Automation of Crude Oil Marketing Operations

December 22, 2017 No Comments

The Nigerian National Petroleum Corporation (NNPC) has achieved 98 per cent automation of all transactions involving the supply, marketing and sale of the various grades and blends of Nigeria’s crude oil across the world. Group General Manager, Crude Oil Marketing Division of the Corporation, Malam Mele Kyari, stated yesterday in an interview with Oil & […]

Group Managing Director Pushes for Corruption-Free NNPC

Group Managing Director Pushes for Corruption-Free NNPC

December 13, 2017 No Comments

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, on Tuesday advocated zero tolerance for corruption in all the arms of the Corporation. Dr. Baru who commented on a mail-broadcast message sent to the staff of the Corporation by the NNPC Anti-Corruption Committee as part of activities marking the World […]

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