$3.3bn Egina FPSO has opened Nigeria for more investments, say stakeholders
The $3.3 billion Floating Production Storage Offloading (FPSO) unit that sailed away in the early hours of Sunday from Lagos to the 200,000 barrels per day Egina oilfield has opened...
Government cautions IOCs against flouting local content act
International oil companies have been urged to stop flouting the Nigeria local content law and thwarting maximum utilisation of Nigerian services and assets. The Executive Secretary...
Oil workers face off with indigenous firms over remuneration
About 2,000 oil workers may be be on the line, as the crises between Nigeria indigenous oil firms and unions demanding higher remuneration for disengaged members, intensified.
Total $16billion EGINA project ready by Q4 2018
Total Upstream Nigeria Limited (TUPNI), operators of the Egina field has said the $16billion project is expected to be completed in before year end...
Aveon hopeful of further investment in Nigeria
Notwithstanding the economic challenges, Aveon Offshore Limited, has assured of its commitment to further invest in the country.
Nigerian vessels to get first consideration in crude oil lifting
Succour is around the corner for indigenous ship owners in the country, as the industry regulators expressed commitments to enforce the provision of a special consideration for Nigerian vessels in the contracts for crude oil lifting.