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PIB passage to rekindle hope for deepwater projects

Final Investment Decision (FID), worth over $100billion could be taken in Nigeria’s oil and gas sector, especially in the deep water going by renewed efforts by the country to pass the long-stagnated, Petroleum Industry Bill (PIB). Indeed, while there have been delay on some upstream projects including, Bonga South West-Aparo, Zabazab-Eetan, Bosi, Uge, Nsiko deep …

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USAID Partners with Imo to Improve WASH State to ‘corporatize’ Water Board for better performance

Owerri – On July 16, 2020, U.S. Agency for International Development (USAID) Mission Director Stephen M. Haykin joined with Governor Hope Uzodinma in a virtual signing ceremony to formalize a new partnership with Imo State to improve the management and delivery of water and sanitation (WASH) services to help people live healthier lives through reliable access to …

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Budget Review: Several infrastructure projects stalled

With the crash of crude oil price, everal infrastructural projects earlier scheduled for take-off in the first quarter of 2020 would be stalled. Following the crash of the crude oil price, several infrastructural projects earlier scheduled for take-off in the first quarter of 2020 would be stalled, as the Federal Government is yet to come up with …

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Nigeria Oil And Gas Operators Pledge Million Of Dollars To Mitigate Effects Of COVID-19

Nigerian oil and gas industry has embarked on a collaborative industry-wide intervention to recognise the devastating impact of the COVID-19 pandemic. (Image source: Yuri Samoilov/Flickr) The group’s governance committee comprising managing directors of oil companies and other Industry players, headed by Mele Kyari, NNPC group managing director, has also allocated 26 per cent of the …

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