THE Nigerian Extractive Industry Transparency Initiative, NEITI, is empowered by the NEITI Act of 2007 to enforce revenue disclosures earned from oil, gas and mining sectors of Nigeria and how the funds are disbursed with clearly spelt out penalty for defaulters.

DSME announced that on Sep. 12, the hull of the Pazflor FPSO was launched at No.1 dock.Thierry Peron, project manager of Pazflor FPSO for TOTAL, said, “We are very pleased to see the hull activities started and finished on time in the dry dock and that they were completed without an incident.

The Sankofa-A1 well, drilled at Cape Three Points Block on Ghana’s offshore by Ghana National Petroleum Corporation (GNPC) in conjunction with Vitol Upstream Ghana Limited (Vitol), discovered a net hydrocarbon column of approximately 36.3 metres.
It comprised 33.1 metres of gas and 3.2 metres of oil in reservoir sands of Campanian age.

THE Shell Petroleum Development Company of Nigeria Limited (SPDC) has taken delivery of detailed engineering design for a project that will put out gas flares in three fields in Western Niger Delta.

DR. Timiebi Koripamo-Agary from Odi in Kolukuma/Opokuma LGA in Bayelsa State was born in Port Harcourt and attended the famous Archdeacon Crowther Memorial Girls School, Elelenwa, Port Harcourt where she finished in 1965.

With the opportunity for public input into the Petroleum Industry Bill (PIB) foreclosed as the National Assembly winded up its Public Hearing on the matter last July, Nigerians are awaiting with anxiety what would eventually come out of the two chambers as a final Act for the President to endorse or reject.

Dr. Rilwanu Lukman, Nigeria’s minister of petroleum resources and former OPEC president and secretary general needs little introduction, especially since he is a household name in global oil and gas operations.

The Nigerian Maritime Administration and Safety Agency, NIMASA, and the Department of Petroleum Resources, DPR have resolved to collaborate in the area of quality shipping and capacity development of indigenous operators in the Nigerian maritime industry.

A group, Maritime Professionals Association (MPA), the initiators of the newly approved national shipping line, the Maritime Professional Association (MPA) has kicked against their non-inclusion in the setting up the shipping firm threatening to take legal action against the authorities.

The Federal Ministry of Transport, through the Nigerian Maritime Administration and Safety Agency, NIMASA, has subscribed to the International Maritime Organization, IMO, member state Voluntary Audit Scheme.

In line with its resolve to maintain optimum safety standards on Nigerian waters, the Nigerian Maritime Administration and Safety Agency, NIMASA, has directed all passenger ships operating on Nigerian waters to ensure that they carry a fully functional Automated Identification System, AIS on board.

IN a move considered ambitious for a country fraught with a myriad of developmental challenges the Nigerian Nuclear Regulatory Authority (NNRA) has commenced a public sensitization programme advocating the establishment of a nuclear power plant to generate electricity to meet the country’s power supply requirements.

LONDON, Sept 15 (Reuters) – Using Africa’s vast agricultural resources to help tackle climate change could earn the continent $1.5 billion a year, a World Bank head said on Tuesday.

It is taken for granted that reliable and affordable electricity is a basic condition for self-sustained economic development. This is because electricity plays a major role in providing lighting, communication, information, transportation, health services and education.

PETROLEUM and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), has lambasted oil companies operating in Nigeria for their penchant for indecent employment practices especially casualisation, constract staffing and out-sourcing of workers, urging them to retrace their steps in the interest of industrial peace in the sector.