How Oil and Gas sector of Nigeria can improve through Modern Learning?

The oil producing nations strictly depends upon their oil and gas sector for economic prosperity. Nigeria also does the same, but the recent descend in this sector has provided the nation with serious concerns. To see what can be done to eliminate these problems, a conference was held in 2013 which aimed at examining the potentials of the oil and gas sector in Nigeria.

It was held in the end of February 2013  and it was successful in providing an opportunity to superior the position of the sector by reviewing the government planning data, receiving several updates from the officials of all the major industries, by networking with the decision makers and recognising the various business prospects.

The key challenges which the oil and gas sector of Nigeria is facing these days were identified with sharing different presentations by the forum members who belonged to this definite sector in Nigeria as well as other countries. They extracted the various challenges this sector is facing and how it can be eliminated. Some of the major threats identified by them were that of the PIB (Petroleum Industry Bill), gas flaring, pipeline wreckage and the theft of crude oil.

Graduate Awareness Programme

The Graduate Awareness Program consists of campus fairs, knowledge sharing, career talks and interview skills workshops. It is focussed on top academic performers at the penultimate and final year classes, and apprises students of new or emerging industry technological developments. It also provides high potential students with information about Shell, and the types of activities the Company engages in. It aims at creating a desire in students to pursue a career in Shell.

The program has been conducted in University of Abuja; Federal University of Technology, Minna; Federal University of Technology, Yola; American University of Nigeria, Yola; University of Jos; Abubakar Tafawa Balewa University, Bauchi; University of Maiduguri; Bayero University, Kano; and Usman Dan Fodio University, Sokoto.

2014 SPDC Niger Delta Postgraduate Scholarship Scheme

The Shell Petroleum Development Company of Nigeria Limited announces the fifth annual SPDC Niger Delta Postgraduate Scholarship Scheme for applicants from Rivers, Delta and Bayelsa States.

The objective of the scheme is to provide an opportunity for qualifying students from these Niger Delta States to further their education in courses that are relevant to the oil and gas industry.

In the four years since the programme was launched 40 students have benefited from the opportunity to study at world-renowned institutions.

SPDC will award 10 scholarships for one year M.Sc studies in partnership with three universities in the UK: Imperial College London, University College, London and the University of Leeds for the academic year commencing September 2014.

SPIE Oil and Gas Services (part of the SPIE Group) currently is recruiting for the position of a Developer – Account Manager.

SPIE Oil and Gas Services (part of the SPIE Group) currently is recruiting for the position of a Developer – Account Manager. We provides a complete range of services to some of the world’s largest oil and gas companies through its network of offices in 25 countries across Africa, the Middle-East and Asia-Pacific.

Our turnover (459 M€ in 2012) has doubled in the last five years thanks to the dedication of our 4000 employees to whom we give training, recognition, and genuine opportunities for career development.

In order to support this growth, SPIE Oil & Gas Services is always seeking talented individuals to join its teams. We currently have an opportunity within SPIE Oil & Gas Services.

Scottish firm takes over Ghanaian job on FPSO

A multinational oilfield inspection, lifting, fabrication and manpower services firm, Global Energy Ventures Group has taken over a job, which was being executed by Ghanaians on the oil rig, FPSO
The UK headquartered Global Energy Ventures Group, which has operations in Ghana, Cote D’Ivoire, Mauritania, Liberia, Sierra Leone, Mozambique, Tanzania and Cameroon , took over the services management contract from SeaWorld Engineering Ghana Limited, a Ghanaian firm yesterday.
This is in sharp contrast to the Petroleum Law (Local Content and Local Participation) Regulation, 2013 (LI 2204) which seeks to put Ghanaians at the forefront of all petroleum activities and ensure that they benefit from the country’s new resource.

Petroleum industry records milestone in local content

From a very humble beginning in the 1970s, indigenous oil and gas firms in Nigeria are making progress in an industry dominated by foreign firms. SOLA ADEBAYO reports their activities in boosting gas distribution in the country.

The International Oil Companies, IOCs such as Shell Petroleum Development Company Limited, Total E&P Limited, Mobil Producing Nigeria Unlimited and Nigerian Agip Oil Company have always been at the forefront of crude oil and natural gas exploration and production in the country. The multinationals also occupy prime place in refining, distribution and marketing of petroleum products as well as provide specialised services in the industry.

Fresh directive stresses minister’s power in oil asset sale by firms

The minister of Petroleum Resources will henceforth have a say in all divestments of assets in the upstream sector of the nation’s oil and gas industry by any operator.

Consequently, any divestments in the sector must comply strictly with the extant provisions of the law which require the prior consent of the minister before the assignment of any right, power or interest in a prospecting licence or oil mining lease.

Industry watchers say this move seems aimed at putting a halt to situations such as the one that has led to a  face-off between Chevron Nigeria limited and Brittania –U, an indigenous oil company, over a bid for Oil Mining Licenses (OMLs) 52,53, and 55 that has now become a subject of  litigation.

The directive requiring the minister’s consent in such deals was contained in a letter with reference number P1/160/Avol/.10,  dated December 20,  2013 signed by George Osahon, director of the Department of Petroleum Resources (DPR) and sent to all oil companies operating in the upstream sector.

Nigeria recorded 530,000bpd oil production shortfall in 2013 – Survey

Nigeria recorded a shortfall of over half a million barrels oil production daily in 2013, the country’s crude production statistics has revealed.
This average shortfall of about 530, 000 barrels per day was obtained by Bloomberg from records of daily production from the country compared with the 2.53 million barrels the federal government had predicted in the 2013 budget.
Nigeria, Africa’s biggest crude exporter depends largely on proceeds from crude to service over 85 per cent of its budget.
The country targeted, according to its financial plans for the year 2013, 2.53 million barrels per day production, a projection it failed to meet.

KEPCO to expand Egbin Power Station generation to 1,350MGW

The new management of Korea Electric Power Corporation (KEPCO), a technical partner of the Egbin Power Station in Ikorodu, on Friday promised to provide an additional generation plant to boost its capacity to 1,350 mega watts.

Mr Gyoo Chull-Yeom, the Managing Director of KEPCO, gave the assurance during a facility tour of the plant by journalists, after its privatisation in Lagos.

He assured that, there were plans to provide an additional projected capacity of 1,350 mega watts, during the year.

Chull-Yeom said that the new management also intends to collaborate with the New Electricity Distribution Company (NEDC), the Nigerian partners, to restore Egbin to its installed capacity of 1,320 mega watts.