Press Release September 16, 2015 09:00 AM Eastern Daylight Time : ExxonMobil Starts Oil Production at Erha North Phase 2 Project Ahead of Schedule, Well Under Budget Project starts up five months early and $400 million under budget Daily oil production to increase by 65,000 barrels per day Subsea development ties into existing infrastructure for…
Shell takes a huge gamble hunting for oil in the arctic Shell Oil Co.’s president Marvin Odum made the trip on Sept. 2 from Houston to this northern-most town in the United States, a spot whose traditional name, Ukpeagvik, means “place where snowy owls are hunted.” according to Triblive.com Odum is here hunting, too, for…
Kaduna Refinery will be commercially viable in 3 months according to the GMD of the NNPC Dr. Ibe Kachikwu during a facility tour and subsequent town hall meeting with staff of the Kaduna refinery The Group general manager, group public affairs division Mr. Ohi Alegbe reports on their website that the Group Managing Director of the NNPC, Dr. Ibe…
Nigeria has lifted a two-month ban on 113 Crude tankers from operating in its sovereign waters. The Website of the state-owned Nigerian National Petroleum Corporation, NNPC on Thursday announced the lifting of the embargo earlier placed on some 113 Vessels banning them from engaging in Crude Oil/Gas loading activities in any of the Terminals within Nigerian…