Tag: Richard Laing

Why Tinubu Met With Shell Global Upstream Director

Aliyu Aliyu

The President had previously met with the Exxon Mobil Executives, Liam Mallon, Richard Laing and Adesua Dozie at the State House.     President Bola Tinubu has met with the Shell Global Upstream Director Zoë Yujnovich at the Presidential Villa, FCT Abuja. Platforms Africa reports that the meeting was Tinubu’s first engagement after the Sallah festivities and his foreign trips to France on June 20 and London on June 24. It is also part of ongoing consultations with leaders from the oil and gas sector since his administration discontinued petroleum…

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Nigeria Eyes $500bn, Renews Offshore Deals With Shell, ExxonMobil, Chevron

ADEOLA YUSUF

OMLs 128 – 138, full list of five oil mining leases (OMLs) and what the MDs of Shell, ExxonMobil, Chevron said about their Production  Sharing Contracts (PSCs) renewals    The Nigerian National Petroleum Company (NNPC) has executed fully termed agreements for the renegotiated Production Sharing Contracts with contractors in five Oil Mining leases, Platforms Africa reports. This, which came only one month after it had transited into a fully limuted liability company, is, according to the Nigerian government, a step towards unlocking over $500 billion in revenue from its oil…

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Nigeria probes ExxonMobil Chief’s links to $213m pipeline procurement fraud

Aliyu Aliyu

The probe of $213 million pipeline procurement fraud is heightened with Judge issuance of arrest warrant for ExxonMobil Nigeria chief A Federal High Court in Abuja has signed off on a warrant to arrest the Managing  Director of United States oil major, ExxonMobil in Nigeria, Richard Laing, over investigation related to the alleged fraudulent creation of procurement orders worth more than $213 million as part of a pipelines project. The warrant is to compel him to appear before anti-graft investigators, the Economic and Financial Crimes Commission (EFCC) said in a statement…

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What Laing, ExxonMobil Nigeria new CEO said about firm’s rumoured Exit plan one year ago

Efe Wellington

  The United States super Oil major, ExxonMobil, has announced the appointment of Richard Laing, as the new Chairman and Managing Director of its 3 affiliate firms in Nigeria with effect from August 1, 2020. Laing, before his new role announced in a statement by the Manager Media and Communications, ExxonMobil, Mr. Ogechukwu Udeagha, on Saturday, August 8, 2020, in Eket, Akwa Ibom State, has a view on the rumoured exit plan by the company from Nigeria. On April 2019, the new helmsman who was then the Executive Director and…

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