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Trans Forcados Pipeline

Fire guts Trans Forcados pipeline in Delta

Fire has occurred at a spill site along the Trans Forcados Pipeline within the Chanomi Creeks in Yeye community of Burutu Local Government Area of Delta.

Federal government spends N11.52 billion to fix 87km oil 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

NNPC loses over $800 million revenue to contract breaches

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.

Nigeria loses over $800 million to incessant pipeline vandalism

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.
Nigerian National Petroleum Corporation (NNPC)

NNPC: $800 million lost to pipeline surveillance contract

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.
Nigerian National Petroleum Corporation (NNPC)

Tension in Delta over oil pipeline surveillance contract

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.

Nigera’s oil revenue exceeds 2017 benchmark by 18 per cent – NNPC

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.

NNPC subsidiary declares N15.8 billion profit after tax in 2016

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.

Two pipelines vandalised 42 times this year – Baru

Maikanti Baru, group managing director of Nigerian National Petroleum Corporation (NNPC), says two pipelines have been vandalised 42 times in 2017.

Fed govt to open bid rounds for 30 marginal oil fields, invites local players

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.

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