Power : Nigerian engineers can deliver the country NSE President
…Says local engineers not adequately challenged By Oscarline ONWUEMENYI ABUJA – The President of the Nigerian Society of Engineers, Engr. Kashim Abdul Ali, has said local engineers hold the magic wand to resolving the country’s perennial power challenges, if given more roles to play by the government. Ali who was speaking on Monday at a […]
Nigeria victorious at IMO Council election
Nigeria has been re elected Council member of the International Maritime Organisation(IMO) in category ‘C’ at the election which took place at the on-going 26th Regular Session of the IMO General Assembly at its Corporate Headquarters in London.
Dresser-Rand supplies equipment for Aseng FPSO
Dresser-Rand will supply advanced turbomachinery for SBM Offshore (SBM) floating, production, storage and offloading (FPSO) vessel destined for Noble Energy’s Aseng Field offshore Equatorial Guinea. Dresser-Rand will supply gas compression and power generation packages. Dresser-Rand will provide 4 DATUM® centrifugal compression trains driven by electric motors and three DR-61G (LM2500) gas turbine generator sets. The […]
Lack of infrastructure threatens LFTZ mega Lekki port project
By Godwin Oritse THE Lagos Free Trade Zone (LFTZ) project may suffer a major setback if urgent steps are not taken to address the infrastructural needs of the mega project. The promoters of the project led by LFTZ’s Group Managing Director, Me Haresh Aswani said that the non-expansion of roads and provision of rail networks […]
CITN tasks government on tax practices
The President of the Chartered Institute of Taxation of Nigeria (CITN), Prince Kunle Quadri, has noted that all levels of government in the country are yet to be aware of enormous advantages of taxation, especially as a major source of revenue.
Yar’Adua approves two new Deputy Commissioners for NAICOM
President Umaru Yar’Adua has approved the appointment of two new deputy commissioners for the insurance industry regulator, National Insurance Commission (NAICOM).
SPDC, NEMBE inaugurate N215m projects in Bayelsa
Projects worth N215 million have been inaugurated by Nembe community in Bayelsa State and Shell Petroleum Development Company of Nigeria Ltd (SPDC), the company has disclosed.
Nigeria’s crude oil production hits record 2.4 million bpd
The Nigerian National Petroleum Corporation (NNPC) has said that the nation’s crude oil production capacity has recorded a quantum leap in the aftermath of the amnesty programme and the return of peace in the Niger Delta area. The Group Managing Director of the NNPC, Dr. Mohammed Barkindo, who said this during a visit to the […]
National Assembly to pass PIB before Christmas
…Wants gas flaring to end by Dec. 31, 2010 By Oscarline Onwuemenyi ABUJA – The proposed reform of the nation’s oil and gas sector could get underway with the planned passage of the Petroleum Industry Bill by the National Assembly before the Christmas holidays begin. This position was disclosed on Tuesday by the Chairman of […]
Feedback : Nigerian Oil Industry : Things are bad, extremely bad
By Babatunde Fashakin Let’s not kid ourselves, things are not bad….they are extremely bad! We are in a situation of denial, our economic power has dwindled, our confidence shaken, and our fate hijacked. The current situation of the oil and gas industry has turned and for the worse. We have an industry bill that has […]
Feedback : A ray of hope in the oil rich Niger Delta
By Innocent Edemhanria For some years now, the Niger Delta has been literally turned to a war zone as militants held the nation to ransom. From their various camps in the Niger Delta creeks, the militants who were armed to the teeth, destroyed vital oil installations and kidnapped expatriate oil worker, most of who have […]
