Nigerian state oil firm NNPC has been granted a loan of US$1.5bn by a syndicate of Nigerian and international banks to allow the company pay off its debts to international fuel traders
Technology
Nigerian offshore oil and gas industry to receive help from US agency
The US Trade and Development Agency (USTDA) has revealed plans to help Nigeria meet the logistical and engineering needs of its offshore oil and gas industry
Ghana to build US$10 million petroleum studies school
Takoradi Polytechnic, located in Ghanas oil-rich western region, has revealed plans to begin the construction of a US$10mn School of Petroleum Studies in 2013
Oil firms' decisions based on 'untrustworthy' data, claims Oracle study
A survey undertaken by Oracle Corporation has revealed that close to 50 per cent of oil and gas executives have, in the past few years, been making decisions based on data they do not trust
Intertek opens Ghana petroleum calibration facility
Intertek has announced the opening of a petroleum calibration laboratory at its Takoradi Port facility in Ghana