December 16, 2017

Nigeria demands Shell pay $4bn for 2011 offshore oil spill damage

The position of the Bonga oilfield within the Niger Delta blocks, offshore Nigeria.

Offshore Technology The Nigerian Parliament is demanding Shell to pay about $4bn for the damage caused by an oil spill at its Bonga offshore field in December 2011. The non-binding decision from the parliament committee follows analysis by several state agencies in Nigeria that have proposed fines of about $11.5bn. A report by the National Oil Spill Detection and Response Agency (NOSDRA) estimated that approximately 40,000 barrels were spilled into the sea. Shell subsidiary SNEPCO operates the oil field, which produced 200,000 barrels of oil per day at the time of spill. Uche Ekwunife, chairman of the environmental committee, was…

Lagos fuel queues caused by road construction gridlock

PertolQueue

NNPC Says PPMC Has over 32 Days Sufficiency of Premium Motor Spirit (PMS) as 17 Additional PMS Laden Vessels arrive Lagos Port The Management of the Nigerian National Petroleum Corporation (NNPC) and its downstream subsidiary, the Pipelines and Products Marketing Company (PPMC) has said it has over 32 days ample stock of petroleum products available for supply across the nation during the yuletide and beyond. The Corporation noted that the market is robust with premium motor spirit also known as petrol and enjoined motorists in Lagos and its environs not to engage in panic buying. The NNPC stated that the…

Crewing up for the digital oil field

Orman Lange, Norway 2007

Offshore Technology The digital oil field could help address the industry’s labour shortage, but only if the right skills are in place to make the most of it. How is the oil and gas sector’s skills landscape changing in the face of digital technology, and what are companies doing to keep their workforces ahead of the curve? At this point it is clear that the oil and gas industry’s labour deficit is a problem for today, not tomorrow. According to research by PricewaterhouseCoopers, the industry needs to find 120,000 new employees over the next 10 years to avoid a disruptive…

Exonn Mobil Unveiled as Top Company in Nigeria

Top100PIR

Exonn Mobil, Nigeria was unveiled as the number one company in Nigeria at last night’s 2014 Top100 Dinner with President Goodluck Ebele Jonathan(GCFR) at the Presidential Villa in Abuja. Shell Nigeria, Chevron Nigeria, Nigeria LNG Gas Power and Total Nigeria complete the top five companies recognised at the dinner.



 The exclusive dinner which is part of the Top100 Businesses initiative to recognise and reward well performing Nigerian businesses also includes a knowledge sharing portal, an annual publication and a business summit for the Top100 Businesses in Nigeria. The inaugural Top100 Dinner was organised by the Federal Ministry of Industry, Trade…

Alison-Madueke Elected OPEC’s First Female President

Diezani Alison-Madueke (Mrs.), con, Minister of Petroleum Resources Elected OPEC’s First Female President

…Shale Oil is a Major Game Changer The Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke has been elected as the first female President of the Organization of the Petroleum Exporting Countries (OPEC) in the 166th meeting of the OPEC Conference in Vienna, Austria. Mrs. Alison-Maduke takes over from His Excellency Abdourhman Atahar Al-Ahirish, Libya Vice Prime Minister for Corporation and her tenure takes effect from January 2015. Before her emergence today, she was the Alternate President of the Organization. The Conference also elected His Excellency, Dr Mohammed Bin Saleh Al Sada, Minister of Energy and Industry of Qatar and Head…