16 results
- 19 Oct 2009
ExxonMobil Buys $4b Stake in Ghanaian Oil Field
ExxonMobil Corporation has agreed to buy a $4 billion stake in an oil field off the coast of Ghana, as the global energy giant seeks a foothold in a major new oil-producing region. The deal is…
- 29 Dec 2021
Why SEPLAT Sacked Avuru as Non-Executive Director
The investing public may not have heard details of the main reasons why Austin Avuru, a former chief executive officer of Seplat Energy Plc who later became a Non-Executive Director was sacked from…
- 8 Jan 2013
NNPC Borrows $1.5Bn to Pay Fuel Debts
Nigerian National Petroleum Corporation (NNPC) has obtained a $1.5 billion syndicated loan to help it pay debts to international fuel traders, Reuters reported Monday, quoting a senior banking source…
- 20 Dec 2012
Nigeria Needs $110Bn to Boost Oil Production
Nigeria needs some $110 billion to grow its oil production by 50 percent by 2020, less than eight years from now according to a senior official of Mobil Producing Nigeria, a subsidiary of ExxonMobil…
- 10 Nov 2014
IABC Explores Digital Communication at 3rd CEO Breakfast Forum
The International Association of Business Communicators (IABC) has announced its 3rd CEO Breakfast Forum with a focus on globalisation and best practices in digital communication. The November…
- 24 Feb 2014
Joint Aviation Unions Insist on Technocrat as Minister
Worried by underground moves by some industry players to thwart its proposal for the appointment of a technocrat as the next aviation minister, joint aviation unions and associations, yesterday,…
- 11 Jun 2020
Gov.Udom Receives Post COVID-19 Economic Committee Report
Governor Udom Emmanuel of Akwa Ibom State has received the report submitted by the 20-member committee put together by his administration to reposition the state for the post COVID-19 economy. …
- 16 Sept 2014
Total Resumes $2.5B Nigerian Deepwater Oil Field Sale
France's Total SA, Europe's second largest oil company, has put one of its offshore Nigerian oil fields up for sale again, the company said, after a 2012 deal with Sinopec Corp failed. Total has…
- 23 Apr 2013
MPN Join Venture Inks Agreement on Qua Ibom Power Project
Mobil Producing Nigeria Unlimited (MPN), operator of the Nigerian National Petroleum Corporation (NNPC) / MPN Joint Venture, has signed a seller’s representative agreement (SRA) for the Qua Iboe…
- 11 Dec 2022
Savannah Energy Announces Completion of ExxonMobil Transaction in Chad, Cameroon
Savannah Energy PLC, the British independent energy company focused around the delivery of Projects that Matter in Africa, is pleased to announce the completion of its acquisition of ExxonMobil’s…
- 15 Sept 2008
Moment Please! It Is Mo’s Birthday
Mosunmola Abudu (Mo), heroine and evangelist for accomplishment is the presenter of Moments with Mo, the runaway show on Mnet which puts pressure on the individual to stand up and be counted. Moments…
- 29 Apr 2020
Akwa Ibom Govt Names Leo Stan Ekeh, 18 Others in Post COVID-19 Economic Committee
With Nigeria and the rest of the world still coming to grips with the COVID-19 pandemic which has hobbled global economies, the Akwa Ibom State Government is already looking ahead to repositioning…
- 6 Oct 2025
ntel Gets Fresh Capital Injection for 2026 Relaunch
cntel has secured another round of undisclosed funding set to return the company to commercial operations by early 2026. Soji Maurice-Diya, The funding, arranged by the Asset Management Corporation…
- 17 Dec 2018
SNEPCo’s Bonga Hits 800m Barrels Mark
In 13 years of deep-water exploration, the Bonga vessel of the Shell Nigeria Exploration and Production Company (SNEPCo) has produced over 800 million barrels of crude oil, confirming the company as…
- 3 Jun 2015
SAP Supports 4th HR Leaders in Africa Forum
Market leader in enterprise application software, SAP West Africa has been announced Silver Sponsor of this year’s HR Leaders in Africa Forum. An annual event, HR Leaders Africa Forum 2015 which is…
- 7 Sept 2009
Afren, Oriental, Addax Ink Deal on Okwok Field
Afren has extended its indigenous partnership in Nigeria with Oriental and formed its first Nigerian partnership with Addax Petroleum, to jointly develop the Okwok Field . Under the terms of…