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On the brink of progress in the Delta?

Last month I was very interested to read the announcement from our esteemed Minister of State for Petroleum Resources, Dr Emmanuel Kachikwu. He may have been speaking at the Nigerian Oil and Gas (NOG) Conference , but in reality he was addressing the world. His message was this: that the Federal Go ...

Derby Omokoh - Upstream Consulting Company Lagos


Posted 2 years agoOpinion > 2017 Oil industry PredictionsNigerialegislation +2

Benedict Peters: The fate of Nigeria’s oil future hangs in the balance

The workings of the oil sector in Nigeria had been in need of a rethink long before the Obasanjo government decided to take action nearly a decade ago. Passed from government to government in the years since, we're barely any closer to the promised alignment and clarification of the regulatory frame ...

Benedict Peters - Aiteo Group


Posted 2 years agoOpinion > OilPIBNigeria +10

Benedict Peters: Aiteo Group to sponsor 16th Nigeria Oil and Gas (NOG) Conference and Exhibition and Nigeria Power Forum

On Friday, integrated energy group, Aiteo , announced its sponsorship of the 16th Nigeria Oil and Gas (NOG) Conference and Exhibition and Nigeria Power Forum which starts February 27, 2017. The Nigeria Energy Week will feature discussions from senior stakeholders in the upstream, midstream and down ...

Benedict Peters - Aiteo Group


Posted 2 years agoPress > conferenceOilNigeria +6

Benedict Peters: What can we expect from Nigeria Energy Week 2017?

This week sees the launch of the 16th Nigeria Oil and Gas (NOG) Conference and Exhibition and Nigeria Power Forum , the annual gathering of the leading figures and organisations in the Nigerian oil and gas sector. In another challenging year for resources in Nigeria, will this year's conference pro ...

Benedict Peters - Aiteo Group


Posted 2 years agoOpinion > NigeriaOilDiversified Gas & Oil +6

Benedict Peters: No shortage of ambition at Nigeria Energy Week – but what of the challenges ahead?

It is clear that Nigeria's Petroleum Minister, Dr Emmanuel Ibe Kachikwu is a man undeterred by adversity. But what sets him apart is that, in spite of his bold ambitions for the oil sector, he is under no illusions about the scale of the challenge. That challenge is being explored in detail this w ...

Benedict Peters - Aiteo Group


Posted 2 years agoOpinion > OilNigeriaoil & gas conference +6

What football tells us about Nigeria’s supply concerns

So the latest news from the bigwigs at OPEC is that Nigeria's crude oil production has fallen from 2 million barrels per day to around 1.27 million. This sounds like bad news, anyone can see. And one would be foolish to suggest that a 37.5% decrease in crude production is a welcome shift for our oil ...

Derby Omokoh - Upstream Consulting Company Lagos


Posted 2 years agoOpinion > FootballOilOPEC +5

Aiteo Group and Seplat lead indigenous Nigerian groundswell

A great change is occurring in at the grassroots of the oil and gas sector in Nigeria. For most of our country's history as a petro-state, the International Oil Companies have called the shots, dominating the exploration and production of oil products. But now, indigenous companies are beginning to ...

Derby Omokoh - Upstream Consulting Company Lagos


Posted 2 years agoOpinion > NigeriaIOCsInfrastructure +8

Nigeria Report: Native firms bear the risk of unusable pipeline

Nigeria's crucial Forcados pipeline remains offline following attacks in early January, forcing indigenous Nigerian firms to transport crude using an increasingly expensive and dangerous means: over water. Forcados, which is majority owned by Royal Dutch Shell, remains offline following militant at ...

Bayo Okoya - Delta Analytics Lagos


Posted 2 years agoOpinion > LicenceShellForcados +7

Clock ticking on Nigerian oil reform

After a 10-year wait, Nigeria and much of the oil sector globally wait this week in shared anticipation for the passing of the Petroleum Industry Bill (PIB). With just a few days left until the self-imposed deadline announced by the Senate for introducing the PIB, are we at last on the verge of a re ...

Derby Omokoh - Upstream Consulting Company Lagos


Posted 2 years agoOpinion > reformNigeriaindigenous +5

CSR is the next frontier for Nigeria’s local oil firms  

When a company reaches a certain size there begins a compulsion to give back. Often it's a way to improve public relations, often it helps build the network of a company overseas. But where I believe companies ought to be compelled to direct their ‘Corporate Social Responsibility' (CSR) contribution ...

Flo Kigbala - Delta Deep Content


Posted 2 years agoOpinion > SocialCSRmarketing +7

PIB delay latest: Buhari falls at first hurdle

Oh what a surprise. Not.   The most important piece of legislation proposed for the reformation of the single most lucrative and needy sector in Nigeria has fallen at the first hurdle. After positive noises have been heard from government sources over the past 4 months, many actually believed ...

Derby Omokoh - Upstream Consulting Company Lagos


Posted 2 years agoOpinion > BuhariPIBreform +4

Aiteo, Sahara, Seplat the front-runners in Nigeria’s oil renaissance

It's been a very long time since we have been able to report a different good news story every week in the Nigerian oil sector. But the positive trends, results and projections just keep on coming. It's almost enough to blow away the PIB blues . . . ! This week's good news comes from the Nigerian ...

Derby Omokoh - Upstream Consulting Company Lagos


Posted 2 years agoOpinion > Oil and GasNigeriaupstream +7

Nigeria expects the US to invest in underperformance

Ibe Kachikwu wants to give you 50 billion reasons to invest Nigerian oil. That was the message delivered to US investors by the Nigerian Petroleum Minister. Speaking in Houston, Texas on Tuesday, Dr Kachikwu said that the Government's recently unveiled Economic Recovery and Growth Plan (ERGP) would ...

Bayo Okoya - Delta Analytics Lagos


Posted 2 years agoOpinion > TexasHoustonNigeria +2

Start of the fightback or same old story from oil majors in Nigeria?  

It's been a purple patch for Nigeria's indigenous oil sector of late. After playing second fiddle to the international oil companies for the best part of the sector's history in Nigeria, homegrown talent has been rampant. If ever there was a time for the IOCs to worry for their future in the country ...

Derby Omokoh - Upstream Consulting Company Lagos


Posted 2 years agoOpinion > IOCsAgipExxonMobil +2

Nigerian Oil: The progressive protectionists

The only progress worth attaining is slow progress. This seems to be the way in Nigeria's oil sector. It is seven years since the Federal Government enacted the Nigerian Oil and Gas Industry Content Development Act of 2010 – otherwise called the Local Content Act. At the time, we knew progress would ...

Bayo Okoya - Delta Analytics Lagos


Posted 2 years agoOpinion > Nigeria
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