Multinational oil company, Total, has said it will be responsible for 23 per cent of the total crude oil Nigeria produces daily when its 200,000 barrels a day (bd) Egina Floating Production Storage and Offloading (FPSO) oil platform fully comes on stream. Managing Director, Total, Mr. Nicolas Terraz, said this at the just concluded second […]
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Sixteen companies, including five majors, have submitted 60 applications for the five acreages on offer in Ghana’s first licencing round. According to Africa Oil+Gas Report, the Ministry of Energy (MoE) described the companies as “high calibre companies with proven track records,” and sees their interest as “a vote of confidence in the Ghanaian economy.” The […]
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As part of its expansion drive, Total Nigeria Plc has inaugurated its 30th solar service station, three years after it opened its first service station in Lagos. The new service station on Court House Road, Zaria, boasts 11.7 Kilowatt peak, kWp with 36 Sunpower E327 Panels and PV-diesel hybrid architecture. According to International Energy Agency, […]
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Total has signed a binding Letter of Intent (LOI) with Shell for the sale of its 26 per cent minority equity stake in Hazira LNG regasification terminal in India. The transaction remains subject to the approval of regulatory authorities. In a statement made available to correspondence, Total stated, “In parallel, Total has signed an agreement […]
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The Federal Government received $2.68 billion, about ₦817.4 billion, from Total, Chevron and China National Offshore Oil Company, CNOOC, in 2017, according to documents obtained from the Canadian government. The companies presented the information under Canada’s extractive industry law which required extractive entities active in Canada to publicly disclose, on an annual basis, specific payments […]
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The Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Kachalla Baru, Deputy Managing Director, Total E&P Nigeria, Ahmadu-Kida Musa, President, Petroleum Club, Dr. Godswill Ihetu and other industry stakeholders will lead discussions around emerging issues in the oil, gas and power sectors at the Association of Energy Correspondents of Nigeria’s (NAEC) Annual Conference […]
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The Nigerian National Petroleum Corporation (NNPC), Shell, Total and Eni have signed the Front End Engineering Design (FEED) contract of Train 7 of the Nigeria Liquefied Natural Gas Ltd (NLNG) on Wednesday in London. The event also witnessed the commemoration of the successful repayment of $5.45bn shareholders loan for Trains 1-6 by the NLNG Shareholders. […]
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Total’s renewable energy unit said on Monday it had opened the world’s largest solar-thermal hybrid plant in Burkina Faso, the first of what it hopes will be many projects supplying the African mining industry’s growing need for power. Total Eren and Africa-focused independent power producer AEMP inaugurated Essakane Solar over the weekend, adding 15 megawatts […]
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The Nigerian National Petroleum Corporation (NNPC) has intensified efforts to flood the market with Premium Motor Spirit (PMS), otherwise called petrol, and other products. Already, six major marketers: Total, Forte Oil, Oando Plc, MRS, 11 Plc and Nipco Plc, are now loading products round the clock from their various depots in Lagos for onward trucking […]
Read More Total Nigeria Plc has increased its lubricant production capacity through a capital investment with an additional two new state-of-the- art High Speed Filling Machines installed at its Lubricant Blending Plant, at Kirikiri, in Lagos State and Koko Blending Plant, Delta State. The two sophisticated equipment were commissioned in October, 2017. The first of these machines […]
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French companies sought to win more business in Greece and to play a part in new Greek projects on Thursday, piggy-backing on French President Emmanuel Macron’s two-day visit to Athens. Greece sees Macron’s first visit since he came to power in June as a vote of confidence in its economy, which is slowly emerging from […]
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Chairman of Greenville, an oil and gas company, Mr. Eddy van den Broeke, disclosed in Abuja, yesterday, that his company would invest $500 million in the country’s gas sector. He said the investment would be in collaboration with Nigerian National Petroleum Corporation (NNPC)/Total Joint Venture and Gas Aggregation Company of Nigeria. Van den Broeke made […]
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