Nigeria


All posts for Nigeria

PLAN signs MoU with Energy & Corporate Africa to organize Nigeria International Pipeline Technology & Security Conference

Pipeline Professionals' Association of Nigeria (PLAN) has signed a memorandum of understanding with Energy & Corporate Africa to partner in the organization of Nigeria International  Pipeline Technology & Security Conference (NIPITECS 2017) scheduled for September 13 -14, 2017 at Nicon Luxury Abuja, ...

SUNNY LAW


Posted 13 days agoPress > NigeriapipelineTechnology +2

Nipco the latest Nigerian home player to take a shot at the majors

For a while it was all Aiteo, Aiteo, Seplat, Seplat when it came to looking for home-grown Nigerian oil players with big ambitions. But there's a new contender! Nigerian fuel retailer Nipco has launched a 4.84 billion naira ($16 mln) offer for the shares it needs to take bump up its stake in Mobil O ...

Derby Omokoh - Upstream Consulting Company Lagos


Posted 1 month agoOpinion > NipcoMobilNigeria +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 1 month agoOpinion > NigeriaShellForcados +3

OGEL 1 (2017) - Oil and Gas Law and Policy in West Africa

Guest editors Prof. Yinka Omorogbe and Tade Oyewunmi focused their special on Sub-Saharan Africa which has witnessed a surge in oil & gas activity within the past decade, positioning the region as an important contributor in the global energy supply and demand dynamics... The table of contents ...

OGEL Journal


Posted 1 month agoPress > OilgasEnergy +8

Relief in Vienna as Nigeria takes a step back from the brink

OPEC has agreed to extend cuts in oil production by nine months to March 2018, following their meeting on Thursday in Vienna. Exempting Nigeria from the cuts may have avoided political meltdown in West Africa. Nigeria and Libya were once against exempt from making any such cuts, as they recover fro ...

Bayo Okoya - Delta Analytics Lagos


Posted 1 month agoOpinion > OPECNigeriaoil price

New refinery to finally strengthen blind spot in Nigerian oil sector?

If latest reports out of Abuja can be believed, the completion of the Dangote Refinery in 2019 will mark a very significant milestone, and in fact a great step forward, for the Nigerian oil and gas industry. This is the latest project from Nigeria's most valuable export: Aliko Dangote. The $14 bil ...

Derby Omokoh - Upstream Consulting Company Lagos


Posted 1 month agoOpinion > DangoteOilNigeria +3

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 2 months agoOpinion > OPECSaudi ArabiaIraq +3

Seven Energy International opts for a Cloud based solution from TouchstoneEnergy to improve business process management

Manual Business Processes Were Slowing Business Expansion for Seven Energy International The challenge: Automation of manual business processes to facilitate increased productivity and delivery of real-time and relevant information to users. The solution also needed to give better visibility to a ...

Marcus Kelly - TouchstoneEnergy


Posted 2 months agoPress > TouchstoneBusiness ProcessNigeria +8

Benedict Peters: Aiteo's international ambitions

I am delighted to announce that Aiteo Group has appointed Mr. Ratko M. Knezevic to our integrated energy group's global Executive Management team as Group Advisor on Business and Capital Development, with effect from 1 May, 2017.  Mr Knezevic will be responsible for counselling Aiteo's leadership ...

Benedict Peters - Aiteo Group


Posted 2 months agoPress > Aiteo GroupInternationalEnergy +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 months agoOpinion > Nigeria

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 months agoOpinion > IOCsAgipExxonMobil +2

TouchstoneEnergy on location in West Africa analysing and documenting requirements for a Spend Control System

This is how Oil and Gas Companies are extracting savings from their Purchase Authorisation and Accounts Payable processes Following on from our recent feature: Spotlight on Reducing Spend in the Energy Industry , TouchstoneEnergy staff were exchanging anecdotes about other favourite experiences ...

Marcus Kelly - TouchstoneEnergy


Posted 2 months agoPress > TouchstoneNigeriaoil price +9

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 months agoOpinion > TexasHoustonNigeria +2

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 months agoOpinion > Oil and GasNigeriaupstream +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 months agoOpinion > BuhariPIBreform +4