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Gas

Penspen has announced that it has been awarded a contract by the Office National des Hydrocarbures et des Mines (ONHYM) and the Nigerian National Petroleum Corporation (NNPC) to execute the first phase of the FEED (FEED Phase I) of approximately 5,700 km gas pipeline proposed to run from Nigeria to Morocco

Area 4 co-venture participants have secured liquefied natural gas (LNG) offtake commitments from affiliated buyer entities of the partners, a major milestone enabling the participants to rapidly move toward a final investment decision in 2019 on the first phase of the Rovuma LNG project

Nigerians have appreciated the administration of President Muhammadu Buhari and the leadership of the Nigerian National Petroleum Corporation (NNPC), led by its group managing director, Maikanti Baru, for ensuring an adequate supply of petroleum products this festive season

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