Royal Dutch Shell has sold some of four oil fields up for grabs in Nigeria, it said on Wednesday, as the oil and gas company pushes ahead with global asset sales to cut costs. Shell last year put up for sale its 30 percent shares in four oil blocks in the Niger Delta -- Oil Mining Licence (OML) 18…
Royal Dutch Shell said it had reached deals on some of the four Nigerian oil fields it has offered for sale as the oil major pushes ahead with divesting global assets to cut costs. Shell last year put up for sale its 30 percent shares in four…
Nigeria should break up its long-awaited oil bill to speed its passage through parliament, Oil Minister Diezani Alison-Madueke said on Friday. The Petroleum Industry Bill (PIB) will reform oil taxes and licences and overhaul state-owned Nigerian National Petroleum Corporation (NNPC).
Owner Operator standardizes on AVEVA Engineering & Design Solutions for increased efficiency on all new projects. AVEVA announced that TOTAL E&P Nigeria Ltd (TEPNG) has adopted AVEVA’s Engineering & Design solutions as part of an Integrated Engineering & Design approach.
After over five decades of its involvement in crude oil and gas exploration without involving in crude oil transportation, the Nigerian National Petroleum Corporation (NNPC), has signed a joint venture agreement with Daewoo Ship-building and Marine Engineering (DSME) of South Korea…