Oil Firms, Nations Agree to End Gas Flaring by 2030, Nigeria Absent

Twenty-five major oil companies, oil-producing nations and development institutions agreed Friday to end the practice of routine gas flaring by 2030 at thousands of oil production sites around the world. Royal Dutch Shell, Statoil, Kuwait Oil Co., Russia, Norway and the Asian Development, chief executives from major oil companies joined together with senior government officials …

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Offshore Support Vessel for Nigeria Oil and Gas Operations

Offshore Support Vessel for Nigeria Oil and Gas Operations A UAE based Shipyard Construction company Damen Supplies Offshore support vessel for Nigeria oil and gas operations, Damen Africa-focused proprietary investment firm L.A.T Cleveson (LATC) has signed an order with Damen Shipyards Group for the supply of two PSV 3300 Platform Supply Vessels and two FCS 5009 …

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Nigeria Oil and Gas professionals proffer Solution to Curb Oil theft

The Online news media Leadership news paper reports that Nigeria Oil and gas stakeholders proffer solution to curb oil theft, while Nigeria continue to look for solutions towards stemming the huge revenue loss due to pipeline vandalisation , experts spoke on the topic “Exploring Solutions to Asset Security Challenges Faced by the Nigerian Oil and …

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Oil and Gas Giant Shell Divest 30% Stake in Nigeria Asset

Oil and Gas giant Shell Nigeria Development Co Ltd.  a subsidiary of Royal Dutch Shell has divested a 30% stake in oil mining lease (OML) 18 and related facilities in the Eastern Niger Delta to Eroton Exploration and Production Company for $737m. Eroton was established by a consortium of companies, including Mart Resources, Midwestern Oil …

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