Oil and Gas
‘Why Nigerians must insist on transparent oil licensing process’
Nigeria has remained in the eye of the storm since the award of Oil Prospecting Licence (OPL) 245 to Malabu Oil & Gas Limited, exposed the level of corruption that takes place in the award of oil blocks. As Nigeria makes efforts towards addressing the obscurity in the oil and gas sector, there is the…
FIN, partners summit to address investment inflow challenges
London-based, Foreign Investment Network (FIN), has said it is working with its partners on initiatives that would address barriers hindering inflow of investment into Nigeria’s oil and gas sector. To this end, its Chairman, Olayinka Fayomi, said the firm has teamed with the organisers of the yearly Nigerian International Petroleum Summit (NIPS). Fayomi told The…
Women in energy: Oiling the wheels of talent
It is fair to say that the macho image of “Big Oil” is fading, somewhat. And perhaps rightly so. Given the oil price headwinds in recent years, companies absolutely have to harness and select the best talent-male and female-across the industry for all types of roles, commercial, technical and administrative. Those price headwinds may also…
Safe technologies render offshore oil and gas operations more profitable, says Sowole
Mrs Abiola Sowole is the Executive Chairman, Arrowville Energy Limited. She was a lecturer at the University of Ife, now Obafemi Awolowo University, and the Director of a training institute, which worked closely with international experts recommended by Templeton College, Oxford, and major companies in Nigeria, including those in the energy sector. In this interview…
Operators in oil, gas sector charged to be proactive
This advice was given by the Permanent Secretary, Ministry of Petroleum Resources, Dr. Folasade Yemi-Esan at the on-going technical session/meeting of officers and experts at the...
Vowgas: Pushing local content frontier in oil and gas
The Group Managing Director of the company, Mr. Godwin Izomor, while briefing the media on the drive for the project, exuded more of a passion for country and profession, than personal economic benefits.
‘Africa’s ability to de-risk effectively will attract investment, growth’
The Director, Oil and Gas at Standard Bank, Olivier Florentine, emphasised that the way forward for project funding in Africa could be through a wide variety of equity and debt providers.
FG okays new oil, gas, labour policies
Minister of State for Budget and National Planning, Zainab Ahmed explained that the policy further seeks to ensure that every Nigerian gets at least a minimum of what is required in terms of human development and protection.
Nigeria earns $592.34 billion from oil, gas in 15 years
The Executive Secretary of NEITI, Waziri Adio, made the disclosure in Abuja at a special workshop by ‘Publish What You Pay’, a leading civil society organisation working in the extractive sector in Nigeria.