Home Topics Trans Forcados Pipeline
Trans Forcados Pipeline
Federal Government’s oil revenues slashed by N11.52 billion used for the protection and repairs of 87-kilometre Trans Forcados crude oil pipeline in the Niger Delta in 60 days, document shows
The Nigerian National Petroleum Corporation (NNPC) has revealed that it lost over $800 million revenue to all the stakeholders owing to breaches of contracts of its old regime.
The management of the Nigerian National Petroleum Corporation (NNPC) said it was compelled to award the surveillance contract of the strategic 87-kilometre Trans Forcados Pipeline (TFP) to a new contractor because the country has lost $800 million revenue in 2018 due to incessant breaches on the pipeline.
As tongues wag over the award of oil infrastructure surveillance contract to an indigenous firm, Ocean Marine Solutions for the protection of the strategic 87-kilometre Trans Forcados Pipeline (TFP), the management of the Nigerian National Petroleum Corporation (NNPC) on Tuesday said breaches from the earlier contract cost the Corporation a whopping $800 million.
Tension has started building up in Delta State due to the decision of the Nigerian National Petroleum Corporation (NNPC) to award oil infrastructure surveillance contract to Ocean Marine Solution Limited contrary to extant rules.
The Nigerian National Petroleum Corporation (NNPC) says oil revenue in the first ten months of the year exceeded the 2017 budget oil benchmark of $44.50 per barrel by 18 per cent.
The Nigerian National Petroleum Corporation, NNPC, says Nigerian Gas Processing and Transportation Company Ltd., NGPTC, one of its subsidiary companies, has declared a profit after tax of N15.81 billion in 2016.
Maikanti Baru, group managing director of Nigerian National Petroleum Corporation (NNPC), says two pipelines have been vandalised 42 times in 2017.
The Nigerian National Petroleum Corporation (NNPC) yesterday disclosed that the federal government would soon open bids to concession 30 marginal oil fields in the country.
The Supreme Court on Thursday dismissed a suit filed by Idris Mamman-Gatumbwa challenging the nomination of Governor Babagana Zulum by the All Progressives Congress (APC) as its governorship candidate for the 2019 general elections.
The Federal Government has raised an alarm over a recent virile disease, Cassava Brown Streak Disease (CBSD), ravaging East and Central Africa now making its way to West Africa.
An Islamic cleric Ganiyu Salami, on Thursday approached an Igando Customary Court, Lagos, to end his 40 years marriage to Halimatu, for allegedly denying him sex and threatening his life.
Justice Darius Khobo of Kaduna State High Court, on Thursday, adjourned hearing in the application for permission to travel to India for medical attention filed by Ibrahim El-Zakzaky and his wife, Zinat, to July 29.
A coalition of Civil Societies Organisations (CSOs) in Cross River, have given Governor Ben Ayade 60 days to conduct local government election in the state.
Super Eagles forward Odion Ighalo ends the 2019 Africa Cup of Nations (AFCON) in frustration after picking up a hamstring during the third place match against Tunisia despite scoring the winning goal.
The Association of Professional Bodies of Nigeria (APBN) has urged President Muhammadu Buhari to constitute his cabinet without delay to restart the country’s economic growth.
The leadership of the Senior Staff Association of Nigerian Universities (SSANU) and the Non Academic Staff Union (NASU), are meeting in Abuja over different issues affecting members of the joint union.
Nigeria and Algeria will clash for the 21st time at senior men’s level on Sunday night in an AFCON 2019 semi final encounter that promises lots of fireworks at the Cairo International Stadium.
The Police Command in Kano State has confirmed the arrest of a housewife, Aisha Ali, who allegedly poured hot water on the private part of her husband.