*Giant fields have come on stream since 2005 *Massive output not reflected in national production *Observers express huge concern over…
Browsing: Egina oil field
*Demands extra $300m *Ladol accuses company of fleecing Nigeria OpeOluwani Akintayo 24 September 2018, Sweetcrude, Lagos — It…
*As company demands extra $300m OpeOluwani Akintayo 26 August 2018, Sweetcrude, Lagos — It has been alleged that Samsung, the company responsible…
“Under the Deep Offshore Act, there was a provision in 1993 that says once the price of crude exceeds $20 a barrel, the government will take steps to ensure that the premium element is then distributed under an agreed formula so that we can get more from our oil. But over the last 20 years, nothing really was done.”
25 May 2016, Sweetcrude, Lagos – Nigerdock has successfully completed fabrication and the sail away of the Flare Tower for the…
