Tag: NNPC

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Nigeria’s NNPC and NRC in Talks Over Movement of AKK Project Tools

The Managing Director and Chief Executive of Nigerian Railway Corporation (NRC), Engineer Fidet Okhiria, said the Corporation is in discussions with the country's National Oil Company, NNPC, concerning the movements...
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FIN Holds Exclusive Virtual Meeting with Secretary-General of APPO

Last week, a United Kingdom-based firm, Strategic enablers of Foreign Direct Investment into Africa's oil & Gas Sector, Foreign Investment Network (FIN), held a virtual meeting with the Secretary-General of...
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NNPC Publishes Audited Financial Statement for 2019

The Nigerian National Petroleum Corporation (NNPC) in a statement in Abuja on Thursday, 15th October 2020, announced the release of its 2019 Audited Financial Statement. The report was presented by...
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Nigeria: Aveon Offshore Limited Announces Completion of the Anyala Production Deck Module

Aveon Offshore Limited has announced the successful completion of the construction of the 350-tonne topside Production Deck Module for the Nigerian National Petroleum Corporation (NNPC)/First Exploration and Production Development Company...
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Nigeria: NNPC to Continue DSDP Programme for Petroleum Products Until 2023

The Head of Nigeria's National Oil Company, Mele Kyari, said that the overhauling of the four state-owned refineries is an integral part of the Nigerian National Petroleum Corporation's (NNPC) plans....
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Nigeria: PIB Proposes the Creation of Midstream Gas Infrastructure Fund, MDPRA

The Nigerian Petroleum Industry Bill 2020 is said to be proposing the establishment of a new intervention Fund to be called the Midstream Gas Infrastructure Fund, and a new regulatory...
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Sahara Energy Invests Over $450 million in LPG Supply in Ivory Coast

A member of the Sahara group conglomerate, Sahara Energy Resource Limited, has invested over $450 million into the supply of Liquefied Petroleum Gas (LPG) to Cote d’Ivoire, since 2014. The...
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Chevron to Reduce its Workforce in Nigeria by 25%

Chevron Nigeria Limited has announced that is cutting its workforce by 25% as a result of the prevailing business climate caused by the COVID-19 pandemic which has led to low...
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NIGERIA: PIB will Commercialise NNPC not Scrap the Oil Company

Contrary to reports concerning the provisions of the Bill sent to the National Assembly by the President of Nigeria, the Minister of State for Petroleum Resources, Timipre Sylva, has dismissed...
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President Buhari Sends PIB to Nigeria’s National Assembly

President Muhammadu Buhari has reportedly sent the Petroleum Industry Bill 2020 to the National Assembly for it to be reviewed and passed. The much-awaited bill has been in the works...
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