Nigerian National Petroleum Corporation News

Engineering and construction services giant  KBR has won a contract with Nigeria's UTM Offshore to support the development of Nigeria's first Floating Liquefied Natural Gas (FLNG) facility.Acting as Owner's Engineers, KBR will be responsible for a multi-disciplined due diligence review of the Pre-Front End Engineering Design, being completed by Japanese engineering company JGC.UTM Offshore is leading the development of the 1.2 million tonnes per year FLNG facility in collaboration with LNG Investment Management Services…

Japan's JGC has been awarded the Pre-Front End Engineering and Design (Pre-FEED) contract for an FLNG facility project in Nigeria.The project is being run by UTM Offshore Limited, a Nigerian private company engaged primarily in crude oil sales and construction equipment leasing, and the Nigerian National Petroleum Corporation.This project calls for the Pre-FEED of an FLNG facility with a production capacity of 1,200,000 tons annually using gas from the Yoho gas field owned by ExxonMobil and the Nigerian National Petroleum Corporation.

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside, has called on the International Maritime Bureau (IMB) to ensure fairness and balance in its reportage of piracy issues on Nigeria’s territorial waters.Dakuku regretted what he called the exaggeration of reports on incidences on the country’s waterways by the IMB, a specialised department of the International Chamber of Commerce (ICC) dedicated to fighting maritime crime and malpractice.The DG noted that the Agency had put mechanisms in place to reduce piracy to the barest minimum. These, he said, include investing in the satellite surveillance system…

Since its first day of operations in May 17, 1989, the Nigeria LNG Limited (NLNG)  has recorded no fewer than 45 vessels chartered-in and five chartered out, said a report in ThisDay. The chartered-in including liquefied natural gas (LNG), liquefied petroleum gas (LPG) and condensate carriers for shipment of its products to buyers across the globe. The chartered-out of its own vessels is for other operators in the market. The company’s assets are now worth over $13bn, a press release from NLNG quoted Tony Attah, Managing Director as saying. He said the NLNG had been able to generate $85bn in revenue. The company has positioned itself…

Babs Omotowa, Managing Director and Chief Executive Officer of Nigeria LNG Limited (NLNG), has raised alarm over Nigeria’s dwindling investments in Liquefied Natural Gas (LNG), according to a report in Thisday. He noted that with no new investments, Nigeria would possibly drop from her current position of the 4th world’s largest exporter of LNG to 10th position by 2020. NLNG had earned $90 billion revenue since 1999 and that it has elevated Nigeria to number four exporter of LNG in the world, after Qatar, Malaysia and Australia. Omotowa, however, said with no new investments to support Nigeria’s position in the global LNG market, the country’s position would possibly drop to 10th by 2020. NLNG posted a 36.6% drop in its revenue in 2015 due to declining oil and gas prices.

Golar LNG Limited announced today that it has executed a firm contract to provide West African Gas Limited (WAGL) with floating storage and regasification unit (FSRU) services to support their liquefied natural gas (LNG) import operations in Ghana. WAGL is jointly owned by subsidiaries of the Nigerian National Petroleum Corporation (NNPC) with 60 percent and Sahara Energy Resource Ltd with 40 percent. The joint venture is developing an LNG import project at the port of Tema on the coast of Ghana West Africa with a planned start up in the second quarter of 2016. The FSRU will be moored inside the port at a new jetty being built by WAGL. The contract will be for an initial period of five years with the option for WAGL to extend for a further five years.

The Nigeria Liquefied Natural Gas company (NLNG) has shipped 3,200 liquefied natural gas (LNG) cargoes by Q2 of 2015, since it began international gas exports in 1989, the managing director, Babs Omotowa said, reports Business Day. Omotowa, said, the gas company during the period under review (1989 to Q2 2015) has converted about 133 billion cubic metres (bcm) or 4.68 trillion cubic feet (tcf) of associated gas (AG) to exports as LNG and natural gas liquids (NGLs), thus helping to reduce gas flaring by upstream companies. NLNG has a total of 23 ships on long-term charter for its six-train operation. All 23 ships are utilised on an integrated scheduling basis and load at NLNG Terminal in Bonny…

AVEVA announced that TOTAL E&P Nigeria Ltd. (TEPNG) has adopted AVEVA’s Engineering & Design solutions as part of an Integrated Engineering & Design approach. TEPNG is the operator of a joint venture with the Nigerian National Petroleum Corporation (NNPC). The Company has invested in acquired licenses for AVEVA PDMS, AVEVA Instrumentation, AVEVA Electrical, AVEVA Engineering, AVEVA Diagrams and AVEVA Review and has fully implemented the software across its local site modifications and repair projects. “This investment in AVEVA’s solutions demonstrates the value our products deliver to Owner Operators engaged in complex engineering projects,” said Fredy Ktourza, Senior Vice President, Western Europe and Africa, AVEVA.

Tideland Signal's -50dBm SeaBeacon 2 System 6 racon (radar beacon) has been chosen to mark the Ofon 2 offshore complex in OML 102 (Oil Mining Lease), 65 kilometers off the Nigerian coast. Feature of the SeaBeacon 2 System 6 dual-band racon are its dynamic range, sensitivity of -50dBm for both X- and S- Band, and output, making it visible from greater distances. Because of its reliability and extremely economical power consumption, it is suitable for remote, solar-powered installations as well as offshore and mains-powered installations.

Global Marine today announced it received a letter of commitment from Elf Petroleum Nigeria Limited, a subsidiary of TotalFinaElf, for two-year contracts for both the Glomar Adriatic I and Glomar Baltic I jackup rigs to work on the Amenam/Kpono field offshore Nigeria. Producing Nigeria Unlimited operates this field development project. The contracts for the two units include key rig upgrades, which are anticipated to cost about $23 million in total. The two contracts are expected to generate combined revenues of approximately $121 million to Global Marine. for extension of up to one year. four operating offshore Nigeria," Marion Woolie, president of Global Marine Drilling Company, said. 410 feet of leg.

Hyundai Heavy Industries Co., Ltd. (HHI) signed a contract with Elf Petroleum Nigeria Ltd. (EPNL), a Nigerian subsidiary of French oil company Total S.A., to build an oil and gas production platform worth US $520 m. The platform will be completed by 2010 and will be able to produce 105,000 barrels of oil and 3 million cubic meters of natural gas a day. It will be located in the Ofon field, which is in water 40 meters deep, 40 km southeast of Nigeria. The platform will be operated by a joint venture between EPNL and the Nigerian National Petroleum Corporation. HHI will carry out all phases of the project on a turnkey basis, from the engineering, procurement, and installation to the test runs and commissioning work.

After over five decades of its involvement in crude oil and gas exploration without involving in crude oil transportation, the Nigerian National Petroleum Corporation (NNPC), has signed a joint venture agreement with Daewoo Ship-building and Marine Engineering (DSME) of South Korea, to establish a world class shipping company which will be involved in crude oil transportation. Already, $10 million has been released as the initial capital for the joint venture business, which would be called Nigera-Daewoo Shipping Ltd (NIDAS). The NNPC will aquire a controlling equity interest of 51 per cent, while DSME will have 49 per cent . A release signed by Dr Levi Ajuonuma…

Loadings at Nigeria's largest oil refinery have been suspended following attacks by local youths on oil tanker drivers, which left 10 tankers ablaze. A Nigerian National Petroleum Corporation (NNPC) spokesman said that the supply of petroleum products to the eastern part of the country had been disrupted because drivers have refused to return to the depot since clashes on Tuesday. Protesters suspecting foul play in the death of a local driver sparked the attacks. The disruptions came just as the supply of petroleum products across the country seemed to be gaining stability after the worst phase of fuel shortages for years. The spokesman said the youths were protesting the death of a local man who was a member of the Petroleum Tanker Drivers Union (PTDU).

Royal Dutch/Shell plans to spend $1 billion developing the 120,000 bpd shallow water EA field off Nigeria using an innovative funding scheme. "The acreage would be developed with no investment by the government, and the private joint venture partners bearing all of the up front cost," Group Managing Director Phill Watts said. The alternative funding scheme is intended to lift the financial burden of state-run Nigerian National Petroleum Corporation - the biggest shareholder in the joint venture operated by Shell, in which Agip and Elf-Aquitaine also hold stakes. EA Field has reserves of 350 million barrels and is due to come onstream in the second half of 2002, producing 100 million standard cubic feet of gas per day in addition to oil, a Shell official said.