oilfields
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News
PIB: Oil majors jittery over offshore investments
International energy companies working in Nigeria are worried that proposals in the country’s long-delayed Petroleum Industry Bill (PIB) oil industry…
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NNPC to abide with OPEC+ Agreement – GMD
…To Focus More on Gas, Condensats for Revenue GrowthThe Nigerian National Petroleum Corporation (NNPC) has reiterated its commitment to abide…
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Nigeria’s new deepwater royalties, Finance Act eroded value of oil assets, says Total MD
Total Exploration and Production Nigeria Limited has said the deepwater royalties stipulated in the amended Deep Offshore and Inland Basin…
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TMC Compressors to supply Offshore Compressors to Shell’s Bonga PFSO
Shell Nigeria Exploration and Production Co. (SNEPCo) has contracted TMC Compressors to supply a complete offshore topside compressed air system…
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NNPC in talks to raise $1bn to revamp Port Harcourt Refinery
Nigeria’s state oil firm NNPC is in talks to raise around $1 billion in a prepayment with trading firms to…
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Member and non-member countries reduced oil supply by 1.9 bn barrels in 2020 – OPEC
The Organisation of Petroleum Exporting Countries (OPEC) says that Nigeria and other member and non-member nations of reduced global crude…
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