The ongoing construction of the $5 billion Train-7 project being undertaken by the Nigeria Liquefied Natural Gas (NLNG) at Finima, Bonny Island, Rivers State, has reached 52 percent and currently engages 8,300 Nigerians of diverse skill sets. These facts emerged on Friday as the management of Nigeria LNG Limited, led by the Managing Director, Dr.
In a stride towards enhancing Nigeria’s natural gas processing and export capacity, Onne Multipurpose Terminal (OMT), in collaboration with Horatio, Chairborne Global Services, Kerry Logistics and IO Materials Services, recently facilitated the unloading of essential project modules for Nigerian LNG’s (NLNG) train 7 expansion project in Bonny. OMT said the modules were unloaded from three
The Federal Government has signed a Memorandum of Understanding with Oando Clean Energy Limited to boost the deployment of sustainable renewable energy access across the country. Represented by the Rural Electrification Agency, the government announced on Monday that the MoU with OCEL was also part of measures adopted to further mitigate the harsh impact of
The Lagos Chamber of Commerce and Industry ( LCCI) has urged the Federal Government to take seriously the completion of projects like the Trans-Saharan Gas Pipeline, from Nigeria to Algeria. Arising from the calamities of the ongoing war between Russia and Ukraine, the chamber noted that Nigeria could explore emerging opportunities to earn huge foreign
State-owned oil giant opts to exercise of right of First Refusal as contained in Joint Operating Agreement (JOA) of the JV + details of NNPC position on planned sale of ExxonMobil shares to SEPLAT Energy Plc The Nigerian National Petroleum Company Ltd has notified Mobil Producing Nigeria Unlimited of its intention to exercise a Right
TotalEnergies Marketing Nigeria Plc, the local unit of France-based oil and gas giant TotalEnergies SE, reported net profit growth of above sevenfold for 2021 as the global oil industry recovers from a record oil crash the previous year, the company’s financials showed on Friday. The oil driller noted a 67 per cent revenue surge as
Uber has announced the expansion of its product offering in Ibadan with the launch of UberMoto, a two-wheeler low-cost alternative and smart mobility option for city residents to navigate traffic quicker and effectively to get from one place to another. UberMoto extends on current product offerings already available in the city with safety, reliability, and
FPSO operator BW Offshore has decided to sell one of its FPSO vessels as part of its strategy to transition to floating energy infrastructure investments. BW Offshore has signed an agreement for the sale of the FPSO BW Joko Tole to PT Bahari Inti Tanker and PT Cahaya Haluan Pasifik, both of which are Indonesian companies, in
Dredging Corporation of India (DCI) and National Maritime Dredging Company (NMDC) entered into a strategic alliance today. The alliance will focus on areas not limited to capital dredging works, project development on BOT basis, operate ports as managers, participate in the public, private partnership in dredging works in accordance to the Dredging Policy, Ministry of
It has been more than two months since five suspected pirates were killed by crew of the “Esbern Snare” a Danish frigate in waters said at the time to be the highs seas off the coast of Nigeria. Most of the information and updates available have come from the Danish authorities, with the incident dominating
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