DrillBytes

Former President of the Federal Republic of Nigeria, Dr. Goodluck Jonathan, is expected to discuss the role of local content in preventing conflicts in the Niger Delta region at the Offshore Technology Conference (OTC) coming in Houston, Texas next month. According to Marak Alliance, United States, the opening address of the Conference will be delivered…

West African Ventures (WAV), an Engineering, Procurement, Installation and Marine Charter Services provider for the Nigerian Oil and Gas Industry, has expended over $550,000 to train 26 young Nigerians in partnership with Chevron and the Nigerian Content Development and Monitoring Board, under the Sonam Development Project Pipeline and Okan Pig Receiver Platform Transport and installation contract…

Energy experts have said there is urgent need for President Muhammadu Buhari to sign the recently passed Petroleum Industry Governance Bill (PIGB) to prevent continued loss of $15b investment yearly.

The Federal Government and oil firm, Nigeria Agip Oil Company (NAOC) have concluded arrangement to carry out activation of National Oil Spill Contingency Plan (NOSCP) as agreed by the stakeholders.   Similar exercises took place in 2011 and 2013, and knowledge and expertise gained helped in no small measure in combating Bonga Oil Spill incident.…

The Department of Petroleum Resources (DPR) has approved the construction of a 12MMSCFD capacity Liquefied Petroleum Gas (LPG) extraction plant in Rivers State. The plant, owned by Green Energy International Limited, operator of the Otakikpo Marginal Field in OML 11, would be located at Ikuru town. According to a statement in Abuja, yesterday, Green Energy said approval to…

Nigeria has steadily overtaken Angola as the top oil and gas producer in Africa, with an increased out put of 91,500 barrels per day (bpd) in February 2018.

Benin Electricity Distribution Plc. (BEDC) has partnered with a security agency – ‘Operation Thunderstorm’ in Benin; a Nigerian army outfit set up in support of civil authorities to maintain law and order in Edo State to stop the activities of vandals of electricity equipment.   Executive Director, Commercial, Abu Ejoor said this at the presentation of…

Nigerian National Petroleum Corporation (NNPC) delivered 828 million metric standard cubic feet per day (mmscfd) to gas fired power plants to generate an average power of about 3,342 Mega Watts (MW) of electricity in December 2017. This was relatively higher than the average production of 743 mmscfd, which was supplied to generate 3,115MW in the…

The Nigerian Content Development Monitoring Board (NCDMB) has identified the full implementation of the Local Content policies as solutions to unemployment in Nigeria. The Executive Secretary, NCDMB, Engr. Simbi Wabote made this assertion last week in Port Harcourt, Rivers State at an event organized by the Institute of Directors (IoD), Nigeria, where he made a…

There are indications that thousands of jobs may be lost as the confrontation between Petroleum and Natural Gas Senior Staff Association (PENGASSAN) and petroleum industry service firms worsens.    Leaders of the Petroleum Technology Association of Nigeria (PETAN) who met in Lagos over a spate of widespread picketing on the group’s members are currently exploring…

Mart Umusadege Resources Nigeria Limited (MURNL) has launched a new logo. ‪The move became necessary, following its 100 per cent acquisition by Midwestern Oil and Gas, the parent company of the erstwhile tripartite partnership. ‪Prior to the acquisition, Midwestern Oil and Gas, Mart Energy Services and Suntrust Oil Company, operated a tripartite strategic alliance at…

The United States Energy Information Administration (EIA), has attributed the current surge in oil prices to shutdown of the Forties Pipeline in the North Sea on December 11, as a result of a crack in the pipeline, which remained closed through December 30.     EIA in its Short Term Energy Report, released at the weekend, added…