Penspen Awarded FEED Contract for Morocco-Nigeria Gas Pipeline

• Wednesday, 9th January 2019
• by Editorial Team

Morocco’s Office National des Hydrocarbures et des Mines (ONHYM) and the Nigerian National Petroleum Corporation (NNPC) have awarded a contract to Penspen to begin FEED’s first phase to construct a 5,700-km gas pi ...

Shell, Nigeria Signed Funding MoU

• Monday, 21st November 2016
• by Editorial Team

Shell Companies in Nigeria has signed memoranda of understanding (MoU) with eight Nigerian banks under the revised Shell Contractor Support Fund in order to offer loans faster and at cheaper rates.

NNPC to Reveal 2017 Lifting Firms

• Sunday, 13th November 2016
• by Egypt Oil & Gas

The Nigerian National Petroleum Corporation (NNPC) will announce the names of companies qualified for the lifting of the country's crude oil for 2017 by mid-December.

Nigeria to Invest in Gas

• Wednesday, 2nd November 2016
• by Egypt Oil & Gas

Nigeria currently possesses the capacity to create about $51b opportunities in the midstream and downstream gas sector. The country also plans to establish an independent agency to control the gas industry.

NNPC, Total to Transport Fuel by Train

• Monday, 31st October 2016
• by Egypt Oil & Gas

The Nigerian National Petroleum Corporation (NNPC) and Total Nigeria Plc are considering the movement of petroleum products through the rail system in other to reduce the cost of transportation.

Nigeria To Bid 2017 Crude Sales

• Wednesday, 19th October 2016
• by Egypt Oil & Gas

The Nigerian National Petroleum Corporation (NNPC) has invited local and foreign firms to bid for contract for the sale and purchase of Nigerian crude oil grades in 2017, and has increased the number of off-takers of ...

Nigeria to Explore Oil in Bauchi, Gombe

• Monday, 17th October 2016
• by Egypt Oil & Gas

The Nigerian National Petroleum Corporation has concluded plans to move heavy equipment to Bauchi and Gombe States preparatory to oil exploration in an effort to move back to the Lake Chad Basin.

Nigeria Saved $336m in Revoked Oil Swaps

• Wednesday, 12th October 2016
• by Egypt Oil & Gas

The Nigerian National Petroleum Corporation (NNPC) has saved the country $336.4m between April and July of 2016 by stoping the controversial contract for petroleum product import called crude oil swap.

Nigeria to Boost Oil Output by 200,000b/d

• Tuesday, 4th October 2016
• by Egypt Oil & Gas

The Nigerian National Petroleum Corporation (NNPC) estimated that the country will increase its crude oil production by 200,000b/d during the first quarter of 2018.

Nigeria Enhanced Fuel Storage

• Monday, 3rd October 2016
• by Egypt Oil & Gas

The Nigerian National Petroleum Corporation (NNPC) increased the country's storage capacity for petroleum products by 87.7m liters, with the re-commissioning of four product tanks at the Mosimi depot in Ogun State.