Shell Begins Workforce Downsizing To Trim Operational Costs
Oil major, Shell has commenced cutting hundreds of jobs, including roles within its low-carbon solutions unit.
Nigeria To Offer 12 Oil Blocks In New Oil Bid Round
The Nigeria Upstream Petroleum Regulatory Commission, NUPRC, has announced plan to unveil a new oil bid round during which 12 blocks in the continental shelf and deep offshore will be offered to bidders.
Insurance Firms Abandons East African Crude Oil Pipeline Project
Citing lack of environmental considerations and reported community pollution, key Re- insurance companies have backed out of the East African Crude Oil Pipeline (EACOP) project.
NNPCL To Play Major Role In Energy Conservation To Enhance Energy Security
The Nigerian National Petroleum Company Limited, NNPCL, has identified energy conservation, diversification, and efficiency measures as major avenues for enhancing energy security.
Shell Offers Onshore Assets For $2.4Bn To Local Entities As Activists Demand Clean Up Exercise
Oil major, Shell said Tuesday it agreed to sell its onshore business in the Niger Delta to a consortium of companies in a deal worth $2.4 billion.
Reps Probe $160m Oil, Gas Pre-shipment Inspection Loss
House of Representatives has resolved to investigate alleged abuse, breach, and violation of the Public Procurement Act in the engagement of consultants for pre-shipment inspection and monitoring of crude oil and gas exports from Nigeria which led to the loss of $160 million.
INDIRECT PROCUREMENT – TIME TO MODERNISE AND DIGITISE TO GENERATE VALUE
Imagine saving your company millions of dollars without having to modify your products or services significantly. Indirect procurement offers that kind of potential.
PROCUREMENT NEEDS FOR THE OIL & GAS INDUSTRY
As an industry, supplying oil and gas is often impacted by external challenges. These can include the volatility of prices for oil and gas as they are driven up or down by global events such as war,