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NNPC, TotalEnergies invest $550m to unleash Nigeria’s gas potential

The $550 million final investment decision for the Ubeta Field Development Project has been announced by the NNPC-TotalEnergies JV, which is a significant step towards increasing Nigeria’s oil and gas production. This milestone, according to NNPC aligns with President Bola Tinubu’s Presidential Executive Order on Oil and Gas Reforms, designed to improve the investment climate…

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NNPC, Golar LNG sign maritime gas deal

As part of efforts to monetise Nigeria’s vast natural gas resources, the Nigerian National Petroleum Company Limited has executed a project development agreement with Golar LNG for the deployment of floating liquefied natural gas offshore in the Niger Delta. The signing ceremony, which took place on Monday, was attended from the NNPC Limited side by…

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Reps to meet NCAA, NNPC , airlines, marketers over fuel scarcity

The House of Representatives leadership has waded into the prevailing aviation fuel crisis that is crippling air travel in the country.At the plenary on Thursday, the House resolved to summon the Director-General of the Nigeria Civil Aviation Authority, (NCAA), Captain Musa Nuhu the Group Managing Director of the Nigerian National Petroleum Corporation, (NNPC) Mele Kyari,…

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