Tag Archives: Oil & Gas

Oceangate Engineering Oil & Gas Limited has said it will appeal to the recent ruling of the Federal High Court ordering the forfeiture of certain assets. Barr. Nnenna Onyeaso, the Company Secretary said in a statement on Thursday insisting that neither the company nor its leadership was found guilty of any wrongdoing. Onyeaso said that the firm has described the …

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Nigeria records increased oil output ahead OPEC production cut talks OPEC has said that its 14 members pumped 33.64 million barrels a day (mb/d) in October, 236,000 barrels more than in September. According to AFP, this was contained in the organisation’s November monthly report. The organisation of the Petroleum Exporting Countries agreed in September in Algiers to trim production but …

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President Muhummadu Buhari President Muhummadu Buhari has unveiled Seven Big Wins, as part of short to medium term strategy framework with robust priorities to grow Nigeria’s oil and gas sector. The seven big wins to revamp and revive the sector will focus on key areas including Niger Delta development and security of the oil producing region; policy and regulation; business environment …

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