For eight years Mr. Greg Ogbeifun, a master mariner battled to have vessel constructed and delivered after winning a five year contract from Total., despite the financial set back he suffered . In this interview with Godwin Oritse of Sweet crude he elucidates on the challenges he had to contend with from the Nigerian Maritime Administration and Safety Agency (NIMASA) did not deter him.

PORT HARCOURT: Nigeria Liquefied Natural Gas (NLNG) lost over $2 billion dollars in 2009 due to inadequate gas supply occasioned by security challenge in the Niger Delta region. Managing Director of NLNG, Mr Chima Ibeneche who spoke before the Special Adviser to the President on Petroleum, Dr Emmanuel Egboga in Bonny Island said the firm also operated at about 53% capacity as a result of the same issue.

ABUJA Nigeria solid mineral sector has attracted the attention of the world’s biggest Bank , becoming the toast of the Asian based conglomerate Industrial and Commercial Bank of China (ICBC) – which is leading investors from Europe, Asia, North America the Middle East and some African countries to invest in Nigerian mining sector.

The Petroleum Technology Development Fund (PTDF) was established by Degree 25 0f 1973 solely for, “the purpose of development, promotion and implementation of petroleum technology and manpower development through research and training of Nigerians as graduates, professionals, technicians and craftsmen in the fields of engineering, geology, geosciences, management, economics and relevant fields in the petroleum and solid minerals industry in Nigeria or abroad”.

As the nation anticipate a better business environment in the aftermath of the global credit crunch, Ibrahim Boyi, the Managing Director of Eterna Plc, elaborates its  effects on the oil and gas industry and justifies the reason why his company opted for a three year bond from Daewoo Securities International. He spoke with Dotun Ibowoye. […]