Latest News for: Offshore nigeria

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The Nigerian gas deal, the Irish impresario and the £8bn ruling amid claims of bribery

The Observer 03 Jul 2022
The arbitration courts in London later awarded the small offshore firm set up by the two men for the project an award now worth £8.3bn because it was claimed Nigeria effectively reneged on the deal ... The huge award for the gas company, Process & Industrial Developments (P&ID), is more than 10 times Nigeria’s national health budget.
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Caverton Repositions, Diversifies to Boost Performance

This Day 03 Jul 2022
Undaunted by recent challenges to its operations, Caverton Offshore Support Group has unveiled a cocktail of measures to remain relevant in Nigeria’s oil and gas sector, Ugo Aliogo writes ... Apart from her previous experience in Caverton, she recently served as a Technical Advisor in the Office of the Vice President of Nigeria.
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Nigeria flares N4trn worth of gas in 10 years

Business Day Online 29 Jun 2022
Nigeria flared natural ... read more Nigeria flares N4trn worth of gas in 10 years .
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Two Years After, NUPRC Closes Out 2020 Marginal Oilfields Bid Round

This Day 29 Jun 2022
Over 200 illegal refineries operating in Nigeria ... He recalled that the roadmap of the marginal field awards began with two fields awarded in 1999, adding that prior to the award, 13 fields had been awarded on land, eight fields in swamp and nine fields offshore, leading to a cumulative of 30 marginal fields so far awarded in Nigeria.
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Samsung Sets New Record as Large Crude Oil Carrier Berths in Lagos

This Day 28 Jun 2022
Samsung Heavy Industries Nigeria (SHIN) Limited has yet again reaffirmed its ... The yard represents over 300 million dollars investment by SHIN for the local fabrication and integration of Floating Production Storage and Offloading (FPSO) units and other offshore vessels in Nigeria.
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'Outliers': Shell and Equinor in talks on bespoke fiscal terms for Nigeria gas projects

Upstream Online 28 Jun 2022
Equinor and Shell are among a number of majors in talks with Nigeria’s government about the creation ...
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Shell and Equinor in talks on bespoke fiscal terms for Nigeria gas projects

Upstream Online 28 Jun 2022
Equinor and Shell are among a number of majors in talks with Nigeria’s government about the creation of ...
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Samsung Sets New Record as Very Large Crude Oil Carrier Berths in Lagos

This Day 27 Jun 2022
Samsung Heavy Industries Nigeria (SHIN) Limited has yet again reaffirmed its ... The yard represents over 300 million dollars investment by SHIN for the local fabrication and integration of Floating Production Storage and Offloading (FPSO) units and other offshore vessels in Nigeria.
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UTM Offshore, Afreximbank Sign Project Preparation Facility Financing Deal

This Day 27 Jun 2022
In line with Nigeria’s Petroleum Industry Act (PIA) and global energy transition efforts, UTM Offshore Limited is developing Nigeria’s first Floating Liquefied Natural Gas (FLNG) project in partnership with the Nigerian National Petroleum Corporation (NNPC) and its affiliate, LNG Investment Management Services.
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Analysts Forecast 2.7% Year-on-Year Economic Growth for Nigeria

This Day 27 Jun 2022
Analysts at Vetiva Africa Research have forecasted a 2.7 per cent Year-on-Year (YoY) increase in Nigeria’s ... Although Nigeria has just 5 land/onshore terminals (compared with over 20 offshore terminals), these land terminals are responsible for c.40 per cent of oil transport.”.
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Global Directional Drilling Services Market Report to 2027 - Offshore Segment Expected to Witness Significant ...

Enid News & Eagle 24 Jun 2022
Offshore Segment Expected to Witness Significant GrowthThe offshore oil and gas industry accounts for about 30% of the global crude oil production ... Angola, Brazil, Nigeria, and the United States ... 4.6 Offshore CAPEX Forecast in USD billions, by Regions, 2019-2027 ... 5.1.2 Offshore.
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Nigeria's sovereign fund to pivot to asset management, CEO says

Reuters 21 Jun 2022
RABAT, June 20 (Reuters) - Nigeria's Sovereign Investment Authority (NSIA) is seeking to take over underperforming government assets, including a power plant, as it transitions into an asset management firm, CEO Uche Orji said on Monday ... Morocco and Nigeria in 2016 also announced their ambition to build an onshore offshore gas pipeline ... ....
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Nigeria: Shell sets scene for Bonga North bid battle

Upstream Online 21 Jun 2022
... at last staging a tender process for the key packages set to underpin its 120,000 barrels per day Bonga North project offshore Nigeria.
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Nigeria: Shell sets the scene for Bonga North bid battle

Upstream Online 21 Jun 2022
... for the key packages set to underpin its 120,000-barrel-per-day Bonga North project offshore Nigeria.
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JPMorgan wins London oil trial in which Nigeria sought $1.7 bln

Reuters 14 Jun 2022
Trial centred on sale of offshore oilfield OPL 245Judge says JPMorgan not in breach of legal duty"Disappointed" Nigeria reviewing ruling ... by Shell (SHEL.L) and Eni (ENI.MI) of Nigeria's OPL 245 offshore oilfield.Register now for FREE unlimited access to Reuters.com.

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