Search results for: NNPC

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  • 23 January 2017
    Project & Tenders

    Eni, the holder of a 10.4 percent stake in the Nigeria LNG project is looking to strengthen its partnership in the African country.

  • 6 November 2018

    Nigeria’s Senate will reportedly launch an investigation into an alleged withdrawal of $1.05 billion NLNG funds by the Nigerian National Petroleum Corporation (NNPC) following a vote on Tuesday. 

  • 9 September 2015

    The Nigerian National Petroleum Corporation (NNPC) is looking to stem crude and petroleum products theft across the country by deploying drone technology, and equipping the Nigerian Navy with vessels for monitoring Nigerian waters. According to NNPC, the Group Managing Director of the Corporation, Dr. Ibe Kachikwu announced this during a meeting with the Chief of Defense […]

  • 27 August 2015
    Business & Finance

    The Nigerian National Petroleum Corporation (NNPC) has cancelled the contract for the delivery of crude oil to the nation’s refineries in Warri, Port Harcourt and Kaduna, “due to exorbitant cost and inappropriate process of engagement”. Namely, NIDAS Marine Limited, a subsidiary of the NNPC has been engaged to provide crude delivery service on negotiated industry […]

  • 27 August 2015
    Business & Finance

    The Nigerian National Petroleum Corporation (NNPC) has cancelled the contract for the delivery of crude oil to the nation’s refineries in Warri, Port Harcourt and Kaduna, “due to exorbitant cost and inappropriate process of engagement”. Namely, NIDAS Marine Limited, a subsidiary of the NNPC has been engaged to provide crude delivery service on negotiated industry […]

  • 21 September 2015

    The Nigerian National Petroleum Corporation (NNPC) has secured a $1.2 billion multi-year drilling financing package for 12 offshore and 23 onshore oil wells under the NNPC/Chevron Nigeria Limited Joint Venture. According to the NNPC, the funding package is being financed by a consortium of Nigerian and international lenders, and is an integral part of the Accelerated Upstream […]

  • 1 June 2016

    VIENNA (Reuters) – A Nigerian oil technocrat has emerged as frontrunner to take the top job at OPEC, with members seeing Mohammed Barkindo as what would be a rare compromise candidate to lead the group amid rising tensions between Saudi Arabia and Iran. Barkindo has been a key face of the Nigerian oil industry for […]

  • 26 August 2010
    Project & Tenders

    As part of efforts to fast track the exploration of the abundant gas resources in the country to increase Federal Government’s revenue from the Oil and Gas sector, the Nigerian National Petroleum Corporation, NNPC, and LNG Japan Corporation have commenced preliminary discussion on strategic collaboration on the Brass Liquefied Natural Gas to provide the world’s […]

  • 11 June 2015

    Nigeria Extractive Industries Transparency Initiative has called on President Muhammadu Buhari’s administration to consider the recovery of over $7.5 Billion from oil and gas companies operating in Nigeria as a major priority in his economic policy agenda expected to be unfolded very soon.

  • 11 June 2015

    Nigeria Extractive Industries Transparency Initiative has called on President Muhammadu Buhari’s administration to consider the recovery of over $7.5 Billion from oil and gas companies operating in Nigeria as a major priority in his economic policy agenda expected to be unfolded very soon.

  • 14 October 2019

    The Nigerian National Petroleum Corporation (NNPC) signed a $2.5bn pre-payment agreement with Nigeria LNG for upstream gas development projects to supply gas to NLNG Trains 1 – 6.

  • 19 July 2007

    Nigerian National Petroleum Corporation (NNPC) and Total, through its subsidiary Elf Petroleum Nigeria Limited, operator of the NNPC/EPNL Joint Venture with a 40% interest, announce the launch of the Phase 2 of Ofon Field Development Project. The field is located offshore east of Nigeria in OML 102, around 50 kilometres from the coastline, in a […]

  • 10 May 2005

    In a desperate bid to achieve at least four million barrels daily production capacity by year 2006, the Nigerian National Petroleum Corporation (NNPC) has given nod to Total’s request to begin developing the 225,000 barrels per day Akpo field. Located on the Oil Mining Licence (OML) 130, also in the offshore, was discovered in 2000 […]

  • 10 September 2015
    Business & Finance

    Nigeria’s national oil company NNPC has lifted the ban on 113 tankers imposed in July, according to a letter released by the corporation on September 8th, Reuters reports. According to the NNPC letter, also seen by Platts, the president had approved the consideration of all incoming ships into the Nigerian waters “subject to receipt of a Letter of Comfort […]

  • 21 July 2015

    Nigeria’s national oil company NNPC has prohibited 113 oil tankers from its waters effective immediately, Reuters reports citing a letter circulated by the company. According to the letter, the ban has been ordered by President Muhammadu Buhari, but reasons behind the decision have not been disclosed. The letter, also obtained by Platts, energy trading information provider, said […]

  • 21 July 2015

    Nigeria’s national oil company NNPC has prohibited 113 oil tankers from its waters effective immediately, Reuters reports citing a letter circulated by the company. According to the letter, the ban has been ordered by President Muhammadu Buhari, but reasons behind the decision have not been disclosed. The letter, also obtained by Platts, energy trading information provider, said […]

  • 19 November 2010

    The Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Mr Austen Oniwon, said in Abuja that the Olokola LNG project… (thetidenewsonline) [mappress] Source: thetidenewsonline, November 19, 2010;

  • 22 March 2006

    The Federal Government has directed the Nigerian National Petroleum Corporation (NNPC) and the Department of Petroleum Resources (DPR) to work with international partners to formulate strategies to realise optional Nigerian content in deep offshore development.

  • 24 January 2017
    Business & Finance

    The West African Gas Ltd (WAGL) has taken delivery of two liquefied petroleum gas (LPG) carriers from the Hyundai Mipo Dockyard (HMD) in Ulsan, South Korea. Featuring 38,000 cbm, the new vessels, named MT Africa Gas and MT Sahara Gas, are expected to “ensure stability in the supply of LPG,” according to WAGL, a joint […]

  • 22 July 2020
    Business developments & projects, Equipment, Infrastructure, Operations & Maintenance

    Nigerian National Petroleum Corporation (NNPC) and First Exploration & Production (First E&P) have completed SURF installation campaign on Anyala and Madu fields under OML 83 and OML 85, offshore Nigeria. The offshore installation campaign featured the installation, piling and grouting of subsea arch and installation of rigid riser assemblies. The campaign also saw installation of […]

  • 2 March 2011

    Managing Director of Nigerian National Petroleum Corporation (NNPC), Mr. Austin Oniwon, has said that the country’s new target for LNG expor… (allafrica) [mappress] Source: allafrica, March 2, 2011;

  • 30 June 2017
    Business & Finance

    Nigerian National Petroleum Corporation (NNPC), FIRST Exploration & Production (First E&P) and Schlumberger have signed a tripartite agreement for development of the Anyala and Madu fields under OML 83 and OML 85, offshore Nigeria. Schlumberger said on Thursday that, under the agreement, it would contribute the required services in kind and capital for the project development […]