Category: Oil & Gas

TotalEnergies Egina FPSO Lost 3,000 Barrels To Nov 15 Spill – NOSDRA

Abibat Babalola

About 3,000 barrels of crude oil were lost to the Nov. 15 oil spill from the offshore Egina Floating Production Storage and Offloading (FPSO) vessel of TotalEnergies. The FPSO located 130 kilometres off the Atlantic coastline from Port Harcourt has capacity to produce 200,000 barrels of crude daily and can store 2.3 million barrels on board.   Director-General of the National Oil Spills Detection and Response Agency (NOSDRA), Mr Idris Musa, told the News Agency of Nigeria (NAN) on Sunday that the clean-up of the spill was still on-going. READ…

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TotalEnergies Confirms Leaks On 2.3m Barrels Capacity Egina FPSO

ADEOLA YUSUF

How, When the leak occurred, contained; full statement Charles Ebereonwu, Country Communication Manager at TotalEnergies, sent to Platforms Africa   TotalEnergies has confirmed the oil leak at its 2.3 million storage capacity Egina Floating Production Storage and Offloading (FPSO) vessel, maintaining that thr incident has been contained. Platforms Africa gathered that the leak had occurred while crude was being loaded from the Egina FPSO to a vessel on 15 November. Country Communication Manager at TotalEnergies, Dr. Charles Ebereonwu, confirmed the leak in a terse statement sent to Platforms Africa on…

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NUPRC Denies Breaching Procedure In 2020 Marginal Field Award Exercise 

Abibat Babalola

The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, has said the Agency did not breach any laid down guidelines in the award of 55 marginal oil fields to indigenous oil companies. The Head of Public Affairs and Media Relations of the Commission, Oliade Shonola, in a statement explained that reports that the fields were awarded to unqualified companies were inaccurate and misleading. Shonola, explained further that “the 2020 marginal field bid exercise was started by the now defunct Department of Petroleum Resources (DPR) following Presidential Approval obtained to conduct the exercise.…

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Oil Prices Move Higher As OPEC, IEA Forecast Demand Growth

ADEOLA YUSUF

Two weeks before the start of the COP28 summit in the United Arab Emirates, market watchers are bracing for tough talks as even the creation of a World Bank-led climate disaster fund turned out to be too difficult for participating states. In the Middle East itself, the energy transition is a distant dream as a mere 1% of power generation in Saudi Arabia, Qatar, or Oman comes from renewable sources. Even in the UAE the same metric stands at just 7%. Dependent on hydrocarbon revenue to fund their national budget,…

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Deregulation has Opened Innovation, Self Sufficiency’s Opportunities -Ekpo

Aliyu Aliyu

The Nigerian Government has described the deregulation of the downstream sector of the oil industry as opening up opportunities for innovation and self-sufficiency in petroleum products refining. Minister of State Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo stated this in Lagos on Monday in an address at the 41st Annual Conference and Exhibition of the Nigerian Association of Petroleum Explorationists (NAPE) with the theme: “Repositioning the Oil and Gas Industry for Future Energy Dynamics.” READ ALSO: 62 Year-Old Salawa Abeni Unveils Husband Number 3 Israel-Palestine Conflict: Gaza’s Aqsa Hospital Warns…

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NNPC Ltd Restores Production Of 275,000bopd

Ganiyu Amodu

…Settles Lingering PENGASSAN-Total Energies Management Rift   Following a peace deal brokered on Sunday by the Nigerian National Petroleum Company Limited, NNPCL, between the Management of Total Energies, operator of the NNPC/Total JV, the Petroleum and Natural Gas Senior Staff Association, (PENGASSAN) and the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG), the unions have agreed to suspend ongoing industrial action leading to immediate restoration of 275, 000 barrels of oil per day production. In a communique issued at the end of a marathon negotiation session chaired by Mrs. Oritsemeyiwa Eyesan,…

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Wabote Hosts HEOSL, Says R&D Crucial For Nigeria’s Industrial Development

Efe Wellington

How We Empowered Nigerian Service Providers, Suppliers – HEOSL boss talks on Commitment to Nigerian Content Development   Heritage Energy Operational Services Limited (HEOSL), operator of the OML 30 Joint Venture between NNPC Exploration and Production Limited and Shoreline Natural Resources Limited Joint Venture (NEPL/SNRL JV) has reiterated its commitment to the development of Nigerian Content. A statement by the company showed that the Chief Executive officer, Ado Oseragbaje, gave this assurance during a courtesy visit to Engr. Simbi Wabote, the Executive Secretary, Nigerian Content Development Board (NCDMB) in Abuja.…

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Ekpo Seeks Private Sector Collaboration In Deepening LPG Utilisation

Ganiyu Amodu

Minister of State Petroleum Resources (Gas), Ekperikpe Ekpo has solicited the cooperation of private sector investors in deepening the utilisation of Liquefied Petroleum Gas (LPG) in Nigeria. The minister, according to a statement signed by Louis Ibah, spokesman for the Minister of State Petroleum Resources (Gas), stated this in a speech at the 13th Nigeria Liquefied Petroleum Gas Association (NLPGA) Conference and Exhibition in Abuja on Tuesday tasking investors and other stakeholders in the industry to address the energy transition gap with a sense of urgency and strategic direction. The…

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Labour Orders Indefinite Shutdown Of Power Supply, Flights

Ganiyu Amodu

“All Public and Private Sector workers are to immediately down tools indefinitely.”   The Organised Labour comprising the Nigeria Labour Congress and Trade Union Congress on Tuesday, ordered a shutdown of electricity and fuel supplies in Imo State following the brutalisation of the National President of the NLC, Joe Ajaero, last week, by operatives of the Nigeria Police Force. The Labour Centres also directed aviation workers to ensure that flights into and outside the state are suspended. This is according to one of the decisions taken at the extraordinary National…

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