Nigerian integrated oilfield services provider, RusselSmith has teamed up with Kongsberg Ferrotech, a Norwegian subsea robotics company to introduce a range of autonomous subsea robotic technologies to the Nigerian oil and sector.

The robotic solutions are designed to perform inspection, repair and maintenance tasks on subsea pipelines, with the distinct…

A report has said that the United States reduced its imports of Nigerian crude oil to 9.37 million barrels in the first five months of this year, 11.67 million barrels lower than what it bought in the same period of 2019.

Data obtained from the US Energy Information Administration (EIA)…

Following the recent closure of Nigerian’s airports, being fallout of the Covid19 lockdown, midterm reports from some of the aviation sector operators in Nigeria gives no cheer. 

While a number of the aviation fuel suppliers are counting their losses, their airline counterparts are not cheering.

Total Nigeria…

Federal ministry of power has said that gas transmission, distribution and other constraints made Nigeria’s power sector cost the country about N468.4billion between January and August 21 this year.

The constraints in the sector also stalled the targeted production of a total of 33,122 megawatts of power during the period…

Nigerian government has approved the building of oil and gas logistics center for Nigeria National Petroleum Corporation (NNPC) in Akwa Ibom. The country’s ministry of petroleum resources has also made approval for a partnership deal for the establishment of a petroleum depot by NNPC 

Petroleum resources minister of state, Mr.…

Savannah Energy Plc, a British independent energy firm, has described its preliminary unaudited results for 2019 financial year as impressive.

The company’s report card include approximately six weeks of operations in Nigeria’s Niger Delta, as well as the successful acquisition of its Nigerian assets in November 2019, together with a…

The National Bureau for Statistics (NBS) has published that prices paid by consumers for Premium Motor Spirit (petrol), Automotive Gas Oil (diesel) and National Household Kerosene (NHK) by consumers rose last July, although the price of cooking gas (Liquefied Petroleum Gas) fell during the period.

The NBS, in its Price…

The Nigerian government has arraigned a British national, Mr James Nolan, before an Abuja Federal High Court on charges of complicity in the failed gas deal involving an Irish firm, Process and Industrial Development (P&ID), and their Nigerian associates.

Earlier on, a tribunal made up of Lord Hoffman (the presiding…