Nigerian Content Development and Monitoring Board (NCDMB) has signed equity investment agreements with Duport Midstream Company
Industry
BESIX to build marine facilities for Mozambique LNG Gas Development Project
Belgium-based BESIX has partnered with engineering and construction company Mota-Engil to design and build marine facilities for the Mozambique LNG Gas Development Project
Chevron to acquire Nobel Energy for US$5bn
Chevron Corporation has concluded a definitive agreement with Noble Energy to acquire all of Noble Energy’s outstanding shares in an all-stock transaction valued at US$5bn or US$10.38 per share
NNPC deploys top officials to reposition the company and increase efficiency
The Nigerian National Petroleum Corporation (NNPC) has announced new appointments and redeployments of its senior officials in what it called a repositioning for efficiency, transparency and profitability measure
Shell bolsters domestic gas distribution in Nigeria, increases its capacity by 150 per cent
Shell Nigeria Gas (SNG), a wholly-owned subsidiary of Shell Nigeria Exploration and Production Company, has increased its gas distribution capacity by more than 150 per cent