The Nigerian National Petroleum Company (NNPC) Limited said it has signed a Memorandum of Understanding (MoU) with two Chinese entities, Sanjiang Chemical Company Limited and Xingcheng (Fuzhou) Industrial Park Operation and Management Co. Ltd for collaboration through a potential Technical Equity Partnership (TEP) in support of the completion and operation of Port Harcourt and Warri…
Chairman, Petroleum Technology Association of Nigeria (PETAN), Engr. Wole Ogunsanya has called on the government to uphold Section 3.3 of the Local Content Act 2010 to give first consideration to local contractors in divested assets. Ogunsanya, made this call during the Industry Stakeholders for the Petroleum Industry Stakeholders forum (PISF) organised by the Ministry of…
Nigeria’s Minister of Petroleum Resources (Oil), Senator Heineken Lokpobiri, has assured oil and gas players that pump prices of fuel shall continue to be determined by the forces of demand and supply as is the practice is a deregulated market environment. The minister spoke at the Petroleum Industry Stakeholders Forum Meeting in Abuja, which brought…
