Stories tagged “Oil Gas.”
3 stories
Shell to sell Nigeria’s domestic gas business to Vaaris Energy
Shell has agreed to sell its entire interest in Shell Nigeria Gas Group (SNG) to Vaaris Energy Limited, an indigenous firm, as part of its strategy to streamline its global portfolio.
NCDMB, BOI inaugurate c’ttee for $100m Nigerian Content Equity Fund
The Nigerian Content Development and Monitoring Board (NCDMB) and the Bank of Industry (BOI) have inaugurated an Investment Committee for the $100 million Nigerian Content Equity Fund (NCEF) to provide long-term equity financing for oil and gas service companies.
Minister Heineken Lokpobiri and Governor Siminalayi Fubara inaugurated Solewant Group's protective coating plant in Rivers State, marking a milestone in Nigeria's industrialization and local content development.