New service from OilVoice
Trip Shepherd is for companies who need to track their staff in areas of risk.
It's free to use, so we invite you to try it.

Benedict Peters: Investing In People Will Deliver Continuous Growth

In a troublesome year for the oil market, it has been a transformative year for Aiteo Group . The test so far has been demonstrating the resilience of Aiteo in the face of unfavourable headwinds, both domestically and in the global oil market. I believe that we have done so admirably. So now, the t ...

Benedict Peters - Aiteo Group


Posted 2 years agoOpinion > Aiteo GroupCFONigeria +2

Aiteo Group appoints Global Group Chief Financial Officer

LAGOS/LONDON, 5 OCTOBER 2017: Aiteo is pleased to announce the appointment of Mr. Bruce Burrows as Global Group Chief Financial Officer ("CFO") with effect from 18 November 2017. He will report to the Executive Vice-Chairman, Global Group Aiteo. Bruce brings a wealth of experience from different pa ...

Benedict Peters - Aiteo Group


Posted 2 years agoPress > AiteoBenedict PetersNigeria +3

Fresh sleaze in Nigerian oil?

The Nigerian oil sector has been hamstrung by corruption, inefficiency, macroeconomic suppression and self-inflicting uncertainty over the regulatory environment. Legislation has so far done very little to change this. And on the corruption front, there are worrying new claims  that – despite makin ...

Bayo Okoya - Delta Analytics Lagos


Posted 3 years agoOpinion > NigeriaBuhariNNPC +2

Nigerian oil: overpromising and under-delivering

What the Nigerian administration possesses in its ability to propose ambitious promises, it ultimately makes up for in a lack of ability to execute its very well-intentioned plans. And it is now clear to everybody that the price of crude oil has very little to do with the country's problems. Among ...

Bayo Okoya - Delta Analytics Lagos


Posted 3 years agoOpinion > OilNigeriaPIB +6

What Brexit means for Nigeria

Speaking in Nigeria last week, the British High Commissioner to Nigeria, Paul Thomas Arkwright , was very keen to remind us of what Britain had done – and continues to do – with Nigeria. As Britain begins to negotiate a messy exit from the European Union, what seemed in part as a sales pitch to the ...

Bayo Okoya - Delta Analytics Lagos


Posted 3 years agoOpinion > BrexitNigeriaEmbassy +4

Nigeria says 'Power to the people!'

Like many working in the oil and gas sector in Nigeria, I am crossing my fingers that much-needed new legislation will be passed in the days ahead. Not only would it provide a confidence boost for the global investment community, but it would sure-up the domestic market and at last allow it to grow. ...

Bayo Okoya - Delta Analytics Lagos


Posted 3 years agoOpinion > NNPCPowergeneration +1

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 3 years agoOpinion > LicenceShellForcados +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 3 years agoOpinion > TexasHoustonNigeria +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 3 years agoOpinion > Nigeria

Nigeria and Libya could be forced to share OPEC output cuts as Saudi placates Iraq

A Saudi bid to shore up Iraqi support for a nine-month extension of an OPEC output deal could see Nigeria and Libya forced to share the burden of cuts. The two countries are currently exempt from self-imposed cuts agreed by the oil cartel as they restore capacity following domestic conflicts. Follo ...

Bayo Okoya - Delta Analytics Lagos


Posted 3 years agoOpinion > OPECSaudi ArabiaIraq +3

Nigerian output to surge after dodging OPEC cuts

In a boost to Nigerian oil production, Royal Dutch Shell on Tuesday lifted its force majeure on exports of Forcados crude oil shipments. The force majeure , which allows companies to miss contractual obligations as a result of events out of their control, was imposed on 21 February 2016 followin ...

Bayo Okoya - Delta Analytics Lagos


Posted 3 years agoOpinion > NigeriaShellForcados +3

OPEC vs Nigeria: Lose-lose situation?

Last week, Nigerian oil minister Emmanuel Ibe Kachikwu indicated that Nigeria would not join OPEC oil cuts until March 2018 at the very earliest, citing a lack of stability in the nation's oil output. OPEC agreed in May this year to extend output cuts into 2018, though Libya and Nigeria were exemp ...

Bayo Okoya - Delta Analytics Lagos


Posted 2 years agoOpinion > OPECNigeriaProduction +2

Nigeria's Corruption Rhetoric Won't Fix The Oil Sector

In Nigeria ‘corruption' has so many forms, so many connotations and occurs in so many settings that it has become a loaded and vague term. At its most benign, it greases the wheels of a transaction, gets you in the room, bumps you to the front of the line. At its most malign, it undermines the fab ...

Bayo Okoya - Delta Analytics Lagos


Posted 2 years agoOpinion > NigeriacorruptionOil +4

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 3 years agoOpinion > 2017 Oil industry PredictionsNigerialegislation +2

Nigeria’s local firms flex their muscles overseas

Nigeria's local content capacity is regularly overlooked. Our home-grown companies are cast in the shadow of the multinational oil majors like Royal Dutch Shell Plc, Exxon Mobil Corp., Chevron Corp., Total SA and Eni SpA, which currently produce about 90 percent of our crude. But change is afoot and ...

Derby Omokoh - Upstream Consulting Company Lagos


Posted 3 years agoOpinion > South SudanlocalcontentNigeria +6
Last fetch 8/4/2020 12:15:31 AM