Chairman, BRACED (Bayelsa, Rivers, Akwa Ibom, Cross River, Edo, and Delta) Tourism Promotion & Development Initiative (BTPDI) and Publisher of The Blue Economy Magazine Online, Dr. Piriye Kiyaramo has said that the Blue Economy would generate employment opportunities for the youth and women in fishing, aquaculture, marine transportation, shipbuilding, coastal …
Read More »Aiteo to Resume Production in Nembe Field after Oil Spill
By our Reporter Aiteo Eastern Exploration and Production Company (AEEPCO), operator of the NNPC/Aiteo Joint Venture on OML 29, has confirmed that following the completion of the joint investigative visit to the spill site, as required by regulations, it will reopen its facilities for production “while continuing other statutory spill …
Read More »Onne Customs Generates over N293bn in Six Months
… Seize 7 Containers Worth over N3bn By Emma Sunday, Port Harcourt The Nigeria Customs Services (NCS) Area 2 Command, Onne, Rivers State says it has generated a revenue of over N293 billion from January to June, 2024. The Command said it also siezed 7 huge containers worth over N3bn …
Read More »TotalEnergies’ Low Emission Gas Devt in Ubeta to Supply NLNG Plant
By Godwin Chukwumaechi, Port Harcourt TotalEnergies, operator of Oil Mining Lease (OML) 58 onshore license in Nigeria has taken the Final Investment Decision (FID) for the development of the Ubeta gas field. Located about 80 km northwest of Port Harcourt in Rivers State, the OML 58 license contains two fields …
Read More »Piracy: Nigeria’s Maritime Sector, Now Attractive to Investors ~ Membere-Otaji
By Godwin Chukwumaechi, Port Harcourt Chief Executive officer of Port Harcourt-based Elschon Nigeria Limited, Emi Membere-Otaji, has said that the Nigerian maritime sector is now attractive to more investments due to improved security on the nation’s maritime domain. This he said was made possible by improved security on the nation’s …
Read More »Bayelsa Partners BOI on Industrial, Economic Devt
By our Reporter The Bayelsa State Government has assured the Bank of Industry (BOI) of its readiness for effective partnership to drive sustainable industrial and economic development of the state. Governor Douye Diri gave the assurance while receiving a high-powered four-man team from the South-South and South-East division of the …
Read More »Access Bank’s Port Harcourt Customers Win Big in DiamondXtra Season 16 Draw
By Ukandi Christopher In a spectacular event, two customers of Access Bank won top prizes in the regional draws of the bank’s DiamondXtra reward scheme, which held Tuesday at Rumukurushi, Obio/Akpo Local Government Area of Rivers State. The two winners, Messrs. Victor Godfrey Silas and Fina Orijedge, who won N200, …
Read More »Ekpo Hails NCDMB, Nedogas Partnership on 300mmscf Gas Gathering Facility
By Amos Okioma, (Regional Editor) The Minister of State for Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo, has commended the Nigerian Content Development and Monitoring Board (NCDMB) and Nedogas Development Company Limited for initiating and successfully executing the 300 million standard cubic feet (mmscf) Kwale Gas Gathering (KGG) facility and …
Read More »NCDMB Shares Local Content Experiences with Ugandan Energy Officials
By our Reporter Officials of the Uganda National Oil Company (UNOC) on Monday began a working visit to the Nigerian Content Development and Monitoring Board (NCDMB), in a bid to learn and “gain substantially from Nigeria’s experience in local content development.” Welcoming the four-member UNOC delegation at a meeting at …
Read More »Nigeria Delisted from Maritime Piracy Hotlist ~ DG NIMASA
By Godwin Chukwumaechi, Port Harcourt The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dayo Mobereola, has said that Nigeria is no longer in the piracy hot list of the international maritime community. He made this known on Thursday at the 2024 Graduation Ceremony of the …
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