Latest News for: Nigeria offshore oil

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Nigeria’s oil sales struggle as unsold cargoes pile

Business Day Online 15 Apr 2024
Nigeria’s oil industry is facing fresh challenges as a surplus of unsold crude oil cargoes accumulates offshore. This comes amidst. read more Nigeria’s oil sales struggle as unsold cargoes pile ... .
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Ibori Urges South-south Governors, Other Leaders Not to Fail the People

This Day 31 Mar 2024
Nigeria . ... It won the 13 per cent derivation principle war and banished the Onshore and Offshore dichotomy, whereby oil revenue from the seas was said to belong entirely to Nigeria and with nothing going to the given littoral states.
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UTM FLNG Facility, Nigeria

Offshore Technology 20 Mar 2024
UTM Offshore, an oil and gas company, is developing the project with an estimated investment of $5bn ... Oil and gas compressor manufacturers for the offshore industry ... Oil and gas compressor manufacturers for the offshore industry.
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Invest in African Energy (IAE) 2024:UTM Offshore to Showcase Nigeria’s Floating LNG (FLNG) Potential

Business Ghana 20 Mar 2024
As a leading provider of oil and gas, marine and energy industry services, UTM Offshore is currently driving Nigeria’s energy transition through the development of a floating LNG (FLNG) plant ...
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NNPC seeks help for oil theft and pipeline vandalism in Nigeria

Offshore Technology 18 Mar 2024
Nigeria's state-owned NNPC is turning to the Economic and Financial Crimes Commission (EFCC) to combat oil theft and pipeline vandalism ... In recent years, Nigeria has faced numerous counts of oil thefts and pipeline vandalism.
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IAE 2024: UTM Offshore to Showcase Nigeria’s FLNG Potential

This Day 15 Mar 2024
As a leading provider of oil and gas, marine and energy industry services,UTM Offshore is currently driving Nigeria’s energy transition through the development of a floating LNG ( FLNG) plant that ...
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Adewale Tinubu Kicks against Nigeria’s Over-reliance on IOCs, Subsidy Payment

This Day 07 Mar 2024
According to the release, both Guyana and Nigeria share the narrative of substantial offshore oil discoveries, marking economic opportunities that have significantly influenced their respective GDPs.
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Nigerian Minister of State for Petroleum Resources to QNA: Qatar is global leader in LNG ...

Gulf-Times 02 Mar 2024
If revived and brought to completion, they would significantly increase Nigeria's capacity for LNG production and export.''Nigeria is encouraging investment in deep offshore oil and gas exploration and production.
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Advocacy Groups Call for Halt to Shell's Planned Exit from Nigeria

Beijing News 01 Mar 2024
Shell said the move would allow it to focus on more lucrative offshore businesses and that it was also proof that local companies are able to take on a larger share of Nigeria's oil and gas industry.
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Nigeria Shell Sale

Citrus County Chronicle 28 Feb 2024
... the coast of the Niger Delta in Nigeria, on Dec.
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Uzoka-Anite Announces $30bn Foreign Investment Commitments in Eight Months

This Day 17 Feb 2024
* Reveals Shell to expand operation in Nigeria ... She also repudiated claims that oil major, Shell was planning to sell off its offshore asset as precursor to its departure from Nigeria ... in Nigeria.
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Shell to build gas facility in Nigeria to supply fertiliser plant

Offshore Technology 05 Feb 2024
British oil and gas giant Shell has made a final ... Last December, Shell also announced plans to expand its offshore presence in Nigeria with a potential $5bn investment in offshore oil projects.
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Shipping Crude Oil to and Petroleum Products from Dangote Refinery: Matters Arising

This Day 29 Jan 2024
Since the Agbami FPSO from where the crude oil supplied to DR was transported to DR is 70 nautical miles offshore Nigeria and within its EEZ, then the crude oil is cabotage within the meaning of that word in the Act. .
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Shell Must Clean Up Ogoni Before Selling $2.4bn Onshore Assets, Says CEPEJ

This Day 24 Jan 2024
The firm has since 2021, been making moves to sell its Nigerian oil and gas business, but said it would remain active in Nigeria’s more lucrative and less problematic offshore sector.
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