Oil&Gas - Page 141

 The Federal Government said Nigeria left over 40million barrels fallow in 11 fields for 17years. It also said  that  of 7,000 oil reserves that have been discovered in the country, only 1,700

The Nigeria Extractive Industries Transparency Initiative (NEITI) and the Department of Petroleum Resources (DPR) have agreed  to work together to deepen Nigeria’s implementation of Contract Transparency and Beneficial ownership disclosures. The agency’s

French multinational oil company,Total has been renamed,TotalEnergies. The resolution to change the company’s name from Total to TotalEnergies, was unanimously approved at its ordinary and extra ordinary shareholders meeting on Friday thereby

The Department of Petroleum Resources (DPR) has concluded arrangements to issue award letters to successful investors in the 2020 marginal field bid round programme. Mr Paul Osu, Head, Public Affairs, DPR, Paul

The Nigerian National Petroleum Corporation (NNPC) has announced a ₦39.85billion trading surplus for the month of February 2021 representing a massive 314.24% leap from the ₦9.62billion surplus it recorded in January 2021.

The Department of Petroleum Resources (DPR) has said that  it  expects  the first production of crude from some of the recently awarded 57 marginal oilfields in January 2022. Director, DPR, Mr Sarki

The Nigerian National Petroleum Corporation (NNPC) and its Production Sharing Contract (PSC) partners – Shell Nigeria Exploration and Production Company (SNEPCo), Total Exploration and Production Nigeria Limited (TEPNG), Esso Exploration and Production

Shareholders of 11 Plc (Formerly Mobil Oil Nigeria plc), a foremost downstream Oil and Gas Company have approved the dividend payout of N3, 060,059.00 for the 2020 financial year. The approval was