Nigerias first indigenous privately-developed and operated deep offshore logistics base, the Lagos Deep Offshore Logistic (LADOL), has announced that it plans to spend over US$500mn (over N75bn) in building new logistics facilities for a Floating Production, Storage and Offloading (FPSO) integration quay and other dedicated services at the LADOL base in Lagos, just as the Nigerian National Petroleum Corporation (NNPC) has commended the organisation
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Achilles group to cover Shell's global ops
Shell and supplier information management company Achilles Group, create an innovative and ground breaking solution to the problems of gaining visibility of suppliers across a global business
Pertamina bonds fund Angola investment
Tamina will spend $1.5bn raised from global bond issues to invest in Angola and to develop its wells in the Cepu and West Madura blocks offshore Indonesia, state enterprises minister Mustafa Abubakar has said
Oil find should wean Ghana from dependency – European Union
Country able to wean itself from its dependency on donor funding by 2020, says EU delegation
NNPC to take over operatorship of oil blocks sold by Shell
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