NIES 2024
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OIL&GAS
NIES: Oilserv, Seplat, others advocate technology adoption to close infrastructural gap
Some gas stakeholders have advocated the adoption of technologies and access to finance to spur infrastructural development and gas delivery in the country. The stakeholders spoke on Thursday in Abuja at the ongoing 7th edition of the Nigeria International Energy Summit (NIES 2024). The summit, which has the theme “Navigating the New Energy World Order: Security, Transition, and Finance,” is…
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OIL&GAS
Nigeria has made positive contributions to OPEC – Secretary-General
The Secretary General of the Organization of the Petroleum Exporting Countries (OPEC), Haitham Al-Ghais, said Nigeria had made positive contributions to the organisation since becoming a member in 1971. Al-Ghais said this in an interview with newsmen on the sidelines of the ongoing 7th Nigeria International Energy Summit (NIES 2024) on Thursday in Abuja. He described Nigeria as a critical…
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OIL&GAS
Gas-to-Power: FG pays gas suppliers over $120m
The Federal Government said it had paid over 120 million dollars out of the 1.3 billion dollars owed to gas suppliers in the country. The Director, Decade of Gas Secretariat, Mr. Ed. Ubong, said on Thursday at the ongoing 7th Edition of the Nigeria International Energy Summit (NIES 2024), that the payment was to offset part of the debts. Ubong…
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OIL&GAS
NNPC Ltd Urges Deeper Collaboration Among Upstream Operators to Overcome Industry Challenges
ABUJA – The Nigerian National Petroleum Company Limited (NNPC Ltd) has emphasised the need for enhanced cooperation among upstream operators, particularly independent producers, to address the hurdles impeding the effective development of divested assets within the nation’s oil and gas industry. Mrs. Oritsemeyiwa Eyesan, the Executive Vice President, Upstream at NNPC Ltd., conveyed this message on Wednesday during a panel…
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