The failure of the Nigerian government to review its fiscal policies governing the exploration of oil in deep, offshore waters has caused the country a loss in oil revenue amounting to trillions
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Nigerian Bonny Light Crude Oil (BLCO) ENERGY Main Products: BLCO,AGO,DPK,PMS,LPFO Top 3 Markets: North America 12%, Eastern Asia 12%, South America 12% Tags: Energy Supplier 0.0% Response Rate
Articles, news, products, blogs and videos from Offshore. BP has awarded Emerson a $14-million contract to provide automation systems for the new Azeri Central East platform in the Caspian Sea, serving the Azeri-Chirag-Deepwater Gunashli oil field.
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When earlier this year Wood Mackenzie reported Tesla’s share of the solar installations market had fallen to just 6.3 percent during the first quarter, it was a bright red flag. Now, there is
The Nigerian telecoms market is ranked as the largest and fastest growing in Africa and among the 10 fastest growing telecom markets in the world, an indiion of its robustness of return on investments. From a private sector investment of about $50 million in
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Oil and Gas Service Contracts around the World: A Review1 Abbas Ghandia, C.-Y. Cynthia Linb aInstitute of Transportation Studies, University of California at Davis, One Shields Avenue, 1605 Tilia Street, Suite 100, Davis, CA 95616, United States. Email: aghandi
With many oil and gas companies struggling to stay afloat amid the current market situation, exploration activity in the country has suffered a decline as the nuer of active rigs fell by 33.33
A 2018 report from PWC showed that oil revenue accounts for more than 80% of total value of annual Nigerian exports. Ironically, the agriculture industry contributed an estimate of 25% to total GDP in 2018, while the oil’s share of GDP was 8.6% over the same period.
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other prevalent attack against ships within the Nigerian waters is the theft of crude oil and other essential Lagos-secured anchorage area and stole oil cargo, using hose pipes . Prior to this
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Refineries in the Nigerian context do not work.” Calling for the deregulation of the downstream petroleum sector, he stated: “For market structure, the issue of deregulation is a front burner.
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10:38 am We are driving growth of domestic gas market to power Nigerian economy — Seplat 10:37 am Nollywood Actress, Ada Ameh, begs govt to allow her bury her daughter who died days ago
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