INVESTIGATIONS have confirmed that there are no rig operating onshore Nigeria at the moment, while only 20 are operating offshore, underscoring a steep decline compared to same period last year when more rigs were operational.
It was gathered that of the 20 active rigs offshore, one is a jack-up rig operating in swamp, while the rest are operating in safer shallow and deep water

By Yemie Adeoye OANDO Gas & Power,    pioneer of natural gas piping and distribution to industrial end- users and a subsidiary of Oando Plc announced that it had received the endorsement of the International Standard Organization (ISO) for its world class operations and service delivery with the award of the prestigious ISO 9001:2000 certification.

By Luka Binniyat AFTER finishing from   the College of Medicine Ibadan, in 1999, Dr. Kola Ojo decided to go into mining in the year 2000. He pitched his tenth in the city of Jos, Plateau State and started with a mineral called tantalite, and later progressed to mine gemstones.  He invested heavily in gemstones, setting […]

THE Managing Director of Nipco plc, Girish Sanadhya has advanced reasons why the company embarked on massive retailing of petroleum products through its partnering service stations across the country under a novel branding scheme even as he explains.

By  Oscarline Onwuemenyi ABUJA -THE Chief Executive Officer of Total Worldwide, Mr. Christopher De Margerie, has urged the Nigerian authorities to fast-tract the reforms in the petroleum sector, even as he called for caution in its execution.

FOLLOWING the seeming failure of the federal government to improve the lot of its citizenry inspite of its 50 years of oil exploration and production an Agro-based economy has however been identified as a sure way to bring succor to the ordinary Nigerian.

THE dearth of skilled personnel to man vessels operating in the country has cost the nation about $1.5 billion as wages paid to foreign seafarers, mainly Filipinos, operating in the country.

MOBIL Producing Nigeria (MPN) a subsidiary of Exxonmobil and one of the major upstream operators in the Nigerian oil and gas industry has signed a memorandum of understanding (MOU) with Acergy, an oil serving firm for the revamping of three of its well-heads platforms offshore Nigeria in water depths of about 35 meters.
The contract which is valued at about 190 million dollars is said to also include an option exercisable by MPN for up to five further platforms

INVESTIGATIONS have confirmed that there are no rig operating onshore Nigeria at the moment, while only 20 are operating offshore, underscoring a steep decline compared to same period last year when more rigs were operational.