Nigeria


All posts for Nigeria

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 days agoOpinion > OPECNigeriaProduction +2

When it comes to vandalism Nigeria needs to address the cause, not the symptom  

Successive administrations in Nigeria each have their strengths and weaknesses, but one thing each government department has perfected into a fine art is the amalgamation of bad news into a grand narrative of considered, deliberate development. They will also never, ever miss an opportunity to take ...

Derby Omokoh - Upstream Consulting Company Lagos


Posted 6 days agoOpinion > SeplatOandoAiteo Group +4

Benedict Peters: Aiteo Founder hits back over corruption allegations, boasting $4bn of FDI

Despite being one of the most enterprising countries on the planet, Nigerians loves to do businesses down. What's more, it's often our own home-grown businesses. This week, one of those business has decided to hit back. Having been the subject of corruption allegations as part of Buhari's anti-graf ...

Bayo Okoya - Delta Analytics Lagos


Posted 11 days agoOpinion > AiteoNigeriaBenedict Peters

Aiteo at the vanguard: the powerhouse at the centre of Nigerian oil

There is a quote that says: ‘ the definition of insanity is doing the same thing over and over again and expecting a different result '. It's often attributed to Albert Einstein, but it perfectly describes the state of the oil sector in Nigeria. Governments come and go, oil licences are approved, an ...

Derby Omokoh - Upstream Consulting Company Lagos


Posted 15 days agoOpinion > 2018Aiteo GroupNigeria +11

Aiteo at the vanguard: the powerhouse at the centre of Nigerian oil

There is a quote that says: ‘ the definition of insanity is doing the same thing over and over again and expecting a different result '. It's often attributed to Albert Einstein, but it perfectly describes the state of the oil sector in Nigeria. Governments come and go, oil licences are approved, an ...

Derby Omokoh - Upstream Consulting Company Lagos


Posted 15 days agoOpinion > 2018Aiteo GroupNigeria +11

An African Diamond

Niger Delta E&P entered South Sudan in 2015 through a joint venture with national oil company Nilepet. As a result, Niger Delta E&P and Nilepet formed the first joint venture in Africa between a national oil company and an independent African oil company. The first mandate was that this new join ...

Aydanur Akkurt - Africa Oil & Power


Posted 2 months agoLink > Niger DeltaE&P ProjectsNigeria +5

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 2 months 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 3 months 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 3 months 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 3 months 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 3 months 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 4 months 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 4 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 4 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 4 months agoPress > Aiteo GroupInternationalEnergy +2