Tag Archives: Oil And Gas

SEPLAT Records $28 Million Profit Before Tax

Seplat Oil

… records EBITDA of $77.8 million Seplat Petroleum Development Company Plc (“Seplat” or the “Company”), a leading Nigerian independent energy company listed on both the Nigerian Stock Exchange (NSE) and the London Stock Exchange (LSE), has announced its announces its unaudited results for the three months ended 31 March 2021, recording a rise in revenue by 16.8 per cent to $152.4 …

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Nigeria Must Embrace Modern Agricultural Practice To Recover Her Economy-Alabi

Grace Alabi

As Nigeria considers diversifying her economy from oil and gas, it has become obvious that agriculture must be given priority once again. In this interview with DAYO EMMANUEL, a young farmer, trainer and final year student of the Federal University of Agriculture (FUNAB) Abeokuta, Ogun State, Grace Alabi advises Nigerian farmers to shun old ways of practicing agriculture. Alabi, founder …

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Atlas Petroleum Resumes Development of OML109 in Nigeria

Atlas

Over the weekend, Atlas Petroleum International has resumed work over activities and well interventions on OML 109 in Nigeria in order to enhance production from the Ejulebe marginal field. Awarded to Atlas Petroleum International in 1991, the block entered into production through the development of the Ejubele discovery in September 1998. OML 109 comprises 14 identified and mapped prospects and …

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FG Committed To Deepen Nigerian Content In Oil And Gas

By Simon Ugwu The Minister of State for Petroleum Resources, Dr Ibe Kachikwu has indicated the Federal Government commitment to deepening Nigerian content in oil and gas industry. Kachikwu, represented by Mrs Folashade Yemi-Esen, Permanent Secretary in the ministry highlighted this at the opening ceremony of the 8th Practical Nigerian Content, subsequently commended the achievement of the Nigerian Content Development …

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