Tag Archive

Shell starts production at Gbaran-Ubie Phase 2 in Nigeria

Shell starts production at Gbaran-Ubie Phase 2 in Nigeria

August 23, 2017 No Comments

The Shell Petroleum Development Company of Nigeria Ltd joint venture has started production at Gbaran-Ubie Phase 2, a key project in Nigeria’s Niger Delta region. Phase 2 follows the success of the first phase of the Gbaran-Ubie integrated oil and gas development, which was commissioned in June 2010. Peak production of around 175,000 barrels of […]

NNPC unveils plans to expand gas generation

NNPC unveils plans to expand gas generation

August 11, 2017 No Comments

Pledges Support to FG’s Aspiration to Generate 10GW of Electricity In its bid to support the Federal government’s aspiration to increase power generation to 10GW, the Nigerian National Petroleum Corporation (NNPC) has unveiled plans to expand gas generation and distribution nationwide. NNPC Group Managing Director, Dr. Maikanti Baru, disclosed this when a delegation of the […]

Total and CNOOC support Uganda’s International Oil & Gas Summit

Total and CNOOC support Uganda’s International Oil & Gas Summit

August 9, 2017 No Comments

Total and CNOOC Limited have confirmed their support for the 3rd Uganda International Oil & Gas Summit (UIOGS) 2017 partnering as lead sponsors and co-hosts to the event when it returns 27-28th September at the Hotel Serena, Kampala. Hosted in 2016 by President Yoweri K Museveni alongside Hon. Minister of Energy and Minerals Development of […]

Toshiba Business Focuses on Export of US LNG

Toshiba Business Focuses on Export of US LNG

August 7, 2017 No Comments

Toshiba America, Inc. (TAI) publicly announced the formation of Toshiba America LNG Corporation (TAL), a new operating company that will focus on the liquid natural gas (LNG) market. Toshiba America LNG Corporation’s (TAL) is responsible for coordinating and assembling the necessary infrastructure chain to produce US LNG which can then be marketed by the broader […]

Tullow Oil plc’s 2017 Half Year Results

Tullow Oil plc’s 2017 Half Year Results

July 26, 2017 No Comments

Tullow Oil plc (Tullow), the independent oil and gas exploration and production group, announces its results for the six months ended 30 June 2017. First half revenues of $0.8 billion, gross profit of $0.3 billion and free cash flow of $0.2 billion Summary: • Revenue of $0.8 billion. Gross profit of $0.3 billion. Free cash […]

Oil Pipeline Vandalism Drops by 12 Per Cent in Nigeria

Oil Pipeline Vandalism Drops by 12 Per Cent in Nigeria

June 21, 2017 No Comments

The extensive engagement with oil and gas community stakeholders embarked upon by the Federal Government and the Nigerian National Petroleum Corporation, NNPC has continued to yield positive results with the attainment of 12.77 per cent reduction in downstream pipeline vandalism. According to the April 2017 NNPC Financial and Operations report released in Abuja on Monday, […]

NNPC Increases Gas Supply

NNPC Increases Gas Supply

June 12, 2017 No Comments

Efforts by the Federal Government to boost electric power generation in the country may soon yield the required dividend following the sustained increase in gas supply for power generation by the Nigerian National Petroleum Corporation, NNPC. The March 2017 edition of the monthly Financial and Operations Report of the Corporation, released today in Abuja, said […]

Seplat Issues Operations update

Seplat Issues Operations update

June 7, 2017 No Comments

Seplat Petroleum Development Company Plc (“Seplat” or the “Company”), a leading Nigerian indigenous oil and gas company listed on both the Nigeria Stock Exchange and London Stock Exchange, today issues an operations update. Production update Seplat has received notification from the operator of the Forcados terminal, Shell Petroleum Development Company of Nigeria Ltd (“SPDC”), that […]

BPTT’s Angelin project Update

BPTT’s Angelin project Update

June 2, 2017 No Comments

BP Trinidad and Tobago LLC today announced the sanction for the development of its Angelin offshore gas project. The project will feature the construction of a new platform – bpTT’s 15th offshore production facility – 60 kilometres off the south-east coast of Trinidad in water-depth of approximately 65 metres. The development will include four wells […]

Oando PLC Q1 2017 Results

Oando PLC Q1 2017 Results

May 29, 2017 No Comments

Oando PLC, Nigeria’s leading indigenous energy group listed on both the Nigerian and Johannesburg Stock Exchange, announced unaudited results for the three months period ended 31 March, 2017, with the following highlights: Financial Highlights: Turnover increased by 116%, N138.4 billion compared to N63.9 billion (Q1 2016) Gross Profit increased by 53%, 13.4 billion compared to […]

Page 1 of 1912345»10...Last »