Marginal Field Operators and the March 31st Deadline

Mar 29, 2015

In  less  than  a  week  from  now, a  new  future  may  be  unfurled  for  indigenous operators in the Nigerian upstream sector. That  future  will  be  characterized  by  serious-minded  marginal  field  operators  who will  stop  at  nothing  to  make sure their  impact  is felt  in  the  oil  and  gas  industry  and  up  the  somewhat  insignificant  2.1 …

Read More

Offshore Decommissioning Infographic: What Happens to Platforms When the Oil Stops Flowing?

Mar 4, 2015

Offshore Decommissioning can be a costly, complicated, and dangerous endeavour. That’s where Mactech Offshore comes in. Understanding the process can be confusing, as there are many factors that come into play when deciding when and how offshore platforms are decommissioned. Mactech Offshore has created the following infographic and sent it in to Energy Mix Report…

Read More

Infographic: How Oil Prices Affect Everything

Feb 24, 2015

“The Fossil Fuel Economy; How oil prices affect everything” is the title of an infographic, sent to Energy Mix Report by Vouchercloud. Vouchercloud carried out a research to investigate how the price of oil has had a huge effect on the global economy and how it impacts on our lives in general. The results uncovered some fascinating facts…

Read More

Nigeria’s Marginal Oil Fields – Open Fields, Closed Gates

Jan 12, 2015

The September 1 issue of Time magazine had Republican Congressman Paul Ryan questioned by Time’s Belinda Luscombe in 10 Questions. On a question about Pope Francis calling capitalism “an economy of exclusion” Senator Ryan replied with a candid statement (Ryan is a catholic) He explained that the pope was trying to prevent a system where…

Read More

The shale gas revolution & implications for OPEC member states

Oct 19, 2014

The existence of shale gas reserves (known as one of the unconventional gas resources) has been known for several decades, but its production had been hampered by lack of technology and low oil prices. For over a decade, the price of crude oil has been hovering around the $100 per barrel mark and this possibly…

Read More

Nigerian Content Act 4 Years On: Laudable Achievements In Nigeria’s Oil & Gas Sector

Sep 25, 2014

In the four years since the Nigerian Oil and Gas Industry Content Development Act 2010 has been in force, a growing number of indigenous companies have begun playing more active roles in the Nigerian oil and gas industry. This feature looks at some of the notable highlights the Act has achieved thus far. The Nigerian…

Read More

Government’s Transformation Agenda: Fixing PPMC Supply/Distribution Network

Sep 25, 2014

The Government’s Transformation Agenda, instituted by the President, Dr Goodluck Ebele Jonathan to cover the period 2011 – 2015 is anchored on Nigeria’s long-term economic development blueprint as encapsulated in Vision 20: 2020. The transformation agenda isolates a set of key priority policies and programmes which when executed are expected to yield outcomes that are…

Read More

4 Years of Nigerian Content: Challenges Abound Despite Relative Successes

Sep 15, 2014

It is impossible to argue with the fact that there have been several major achievements with regard to the promotion of Nigerian content and also that a lot success has been recorded since President Goodluck Jonathan signed into law the Nigerian Oil and Gas Industry Content Development Act (Nigerian Content Act) on April 22, 2010.…

Read More

Destroying Illegal Refineries In Niger Delta Region & The Idea Of Modular Refineries

Sep 15, 2014

Illegal oil refineries in Nigeria thrive on illegal oil bunkering, stolen crude oil, and vandalism of oil pipelines and other installations. Without a doubt, these illegal oil operations are reprehensible and should not be condoned for a number of reasons. Firstly, it is improper for citizens of this country to destroy oil installations in their…

Read More

Overview of the Nigerian Oil and Gas Industry Content Development Act 2010

Aug 29, 2014

It has been four years since the Nigerian Oil and Gas Industry Content Development Act 2010 was enacted into law. This piece looks at some of the core features of the Act as well as gives an overview of the Act’s key provisions. Prior to the enactment of The Nigerian Oil and Gas Industry Content…

Read More