Prior to the riveting exchange of brickbats between former President Olusegun Obasanjo and his deputy, Atiku Abubakar which lasted for most of their second tenure, not many Nigerians knew about the existence of the Petroleum Technology Development Fund, PTDF, talk less of the lofty objectives it was designed to accomplish – except, perhaps, a sprinkling of bureaucrats and persons with inside information.
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The USAN FPSO arrived on site on the 31st July, 2011 after 3 months of being towed from Ulsan, South Korea. The FPSO is currently undergoing Customs clearance. , Mooring will start immediately after preliminary check-up procedures are concluded.
About a decade and half ago, the less than 200,000 population nation of subsistent farmers was dependent on an annual…
…To obtain $2bn from Japanese consortium George Frankling In a bid to diversify sources of funding its projects, the NNPC…
Doha, 31 July 2011 – International law firm Baker & McKenzie has acquired sufficient carbon credits to offset all the…
A major step in the activation of President Goodluck Jonathan’s Gas Revolution agenda was taken during the week when a…
EFFORTS to ensure a more efficient refined and unrefined products distribution network and indeed, put an end to pipeline vandalism in the oil and gas industry, have received a major boost with the acquisition of a $40 million dollar Horizontal and Directional Drilling, HDD, Rig by an indigenous Nigeria oil service company, FENOG Nigeria Limited, based in Warri, Delta state, Niger-Delta.
Nigeria exported a total of 18.1 million metric tonnes (MMt) of Liquefied Natural Gas (LNG) in 2010, the International Gas Union (IGU) has said. The IGU 2010 report, which was released recently showed that Nigeria has been able to maintain the fifth position as one of the leading exporter of LNG in the world.
Yenagoa – In a bid to tackle the menace of flood ravaging most parts of Yenagoa the Bayelsa State capital after heavy rainfall the state government has embarked on the clearing and demolition of structures on the right of way of the natural canals in the capital city.
