Nigeria | Egypt Oil & Gas - Part 45
MAN Diesel & Turbo Opens Lagos office
MAN Diesel & Turbo has opened a new sales office in Lagos, Nigeria. The company, based in Augsburg, Germany, is the world’s leading provider of large-bore diesel engines and turbomachinery for marine and stationa...
Ghana Pays $10m to Nigeria to Avoid Gas Supply Cut
The Ghanaian government has settled part of its debt to the West African Gas Pipeline Company (WAPCo) and Nigeria Gas Association, NGA, following the first round of talks with the Nigerian authorities. Nigeria said re...
Nigeria Threatens to Cut Ghana Gas Supply Due to Debts
A Ghanaian government delegation is holding emergency talks in Nigeria to avert a drastic gas supply cut that has been threatened, a government spokesman said, thus avoiding a potential political crisis, Voice of Amer...
Nigeria Losing Out Due to Subsidies, Crude Prices
The Nigerian National Petroleum Corp. recorded a loss of $1.9b in the first eight months of this year thanks mostly to fuel subsidies, reported Bloomberg. At least 73% of the loss was due to deficit spending by its Pi...
Former Nigerian Oil Minister Was Not Detained, Battling Cancer
Nigerian former oil minister Diezani Alison-Madueke, who is under investigation over allegations of bribery and money laundering, has breast cancer and will undergo surgery in Britain, her lawyer said according to Reu...
Shell Asks Nigerian Oil Exporters to Sign Guarantee
Royal Dutch Shell has asked ship owners exporting its Nigerian oil to sign a “letter of comfort” (LoC) to guarantee that its oil is not stolen, an email from the company seen by Reuters showed. “Please be informed we ...
Nigerian President Relies on Oil Officials in Fight Against Corruption
Nigerian President Muhammadu Buhari is packing his new cabinet with figures from the oil industry, according to Bloomberg, having nominated four former state governors and the current head of the national oil company ...
Shell Nigeria Starts Production from Bonga Phase 3 project
Shell Nigeria Exploration and Production Company Ltd (SNEPCo) has announced the start-up of production from the Bonga Phase 3 project. Andrew Brown, Shell’s Upstream International Director, said: “This new start up is...
