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There is no single E&P company on the list of the current beneficiaries of the Pioneer Status Incentive of the Nigerian Investment Promotion Commission (NIPC). But the oil and gas industry is not entirely excluded. Three companies, which either use natural gas as feedstock or convert and distribute products of natural gas, are listed …
Continue reading "Three “Gas Monetisation” Companies Still Enjoy Nigeria’s Pioneer Incentive Status"
Oil and gas company Kosmos Energy is planning to sell a portion of its interest in the large Tortue Ahmeyim gas field in West Africa where a final investment decision was recently made. Tortue Ahmeyim FLNG render / Image source: BPKosmos, which discovered the Greater Tortue Ahmeyim field in 2015, is now a partner in the …
Continue reading "Kosmos looking to sell some interest in Tortue Ahmeyim project"
Anadarko has informed that its contractors working on the Mozambique LNG projects were attacked last week in two separate incidents. One person was killed, six were injured. The U.S. oil and gas company on Friday said it understood there had been two related attacks that occurred on the road from Mocimboa da Praia to Afungi …
Continue reading "Gunmen kill Anadarko contractor in Mozambique"
Illustration: A drillship offshore Mozambique / Image courtesy of Anadarko Petroleum U.S.-based oil and gas company Anadarko Petroleum has entered into another sales agreement for the gas from its operated Mozambique LNG project. Anadarko said on Tuesday that Mozambique LNG1 Company Pte. Ltd., a jointly owned sales entity of the Mozambique Area 1 co-venturers, had signed …
Continue reading "Anadarko inks Mozambique LNG deal with Pertamina"
U.S. oil and gas company Anadarko has signed a gas sale and purchase agreement (SPA) with CNOOC Gas and Power Singapore Trading & Marketing Pte. Ltd. (CNOOC), for gas to be produced from its gas field offshore Mozambique. The SPA is for 1.5 million tonnes per annum (MTPA) for a term of 13 years. Illustration: A drillship …
The Department of Petroleum Resources, Nigeria’s regulatory agency for the petroleum industry, is awaiting signal of the President and Minister of State in Abuja to start the process of conducting a bid round of some of the country’s 178 flare gas sites. It’s the first major implementation of the new legal framework on flared …
Continue reading "DPR Awaits Abuja’s Signal For Bid Round of Flared Gas Sites"
Supply of Goods and Services Strategic Goal NLNG intends to facilitate the establishment of a manageable size of competent, reliable and competitive vendors who are able to supply from their own sources, all of NLNG’s material and service requirements, wherever practical and in the process add value to NLNG. NLNG aims to shift from direct …
By Toyin Akinosho South Africa’s updated Integrated Resource Plan IRP, released late August, contains provisions for introduction of natural gas to produce 11,930MW of electricity in the country by 2029. That’s around four times the allocation of gas to power in the energy mix provided in the last incarnation of the IRP, …
Continue reading "The Southern Gas Market Is Still Far In The Future"
… As NNPC Records 1,858 Cases of Vandalized Pipeline Points A total of 230.35Billion Cubic Feet (BCF) of natural gas was produced in the country in July 2018, averaging a daily production of 7,678.17Million Standard Cubic Feet (mmscfd), NNPC Monthly Financial and Operations report for July 2018 has stated. The sum represents 8.81 per cent …
May 17, 1989 Incorporation of Nigeria LNG Limited November, 1995 Final Investment Decision (FID) by shareholders for Trains 1 and 2 February, 1996 Commencement of plant construction September, 1998 Completion of Gas Transmission System February, 1999 Final Investment Decision (FID) by shareholders for Train 3 August 12, 1999 Plant Ready For Start-Up with Train 2 …
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