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NNPC
NNPC Limited is a for profit oil company in Nigeria. Formerly a government-owned corporation, it was transformed from a corporation to a limited liability company in July 2022. NNPC Limited is the only entity licensed to operate in the country's petroleum industry. It partners with foreign oil companies to exploit Nigeria's fossil fuel resources. History NNPC was established on 1 April 1977 as a merger of the Nigerian National Oil Corporation and the Federal Ministry of Petroleum and Energy Resources. NNPC by law manages the joint venture between the Nigerian federal government and a number of foreign multinational corporations, which include Royal Dutch Shell, Agip, ExxonMobil, TotalEnergies, Chevron, and Texaco (now merged with Chevron). Through collaboration with these companies, the Nigerian government conducts petroleum exploration and production. In 2007, the head of the Nigerian wing of Transparency International said salaries for NNPC workers were too low to prevent gra ...
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Petroleum In Nigeria
Nigeria is the second largest oil and gas producer in Africa. Crude oil from the Niger delta basin comes in two types: light, and comparatively heavy – the lighter has around 36 gravity while the heavier has 20–25 gravity. Both types are paraffinic and low in sulfur. Nigeria's economy and budget have been largely supported from income and revenues generated from the petroleum industry since 1960. Statistics as at February 2021 shows that the Nigerian oil sector contributes to about 9% of the entire GDP of the nation. Nigeria is the largest oil and gas producer in Africa, a major exporter of crude oil and petroleum products to the United States of America. In 2010, Nigeria exported over one million barrels per day to the United States, representing 9% of the U.S. total crude oil and petroleum products imports and over 40% of Nigeria exports. The need for holistic reforms in the petroleum industry, ease of doing business, and encouragement of local contents in the industr ...
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Mele Kyari
Mele Kolo Kyari OFR (born 8 January 1965) is a Nigerian geologist, crude oil marketer and 1st Group Chief executive officer (GCEO) of the Nigerian National Petroleum company limited (NNPC limited). Before this appointment, Kyari was the Group General Manager, Crude Oil Marketing Division of the NNPC and the Nigerian National Representative at the Organization of Petroleum Exporting Countries (OPEC) since 2018. Early life and education Kyari was born on 8 January 1965 in Maiduguri, Borno State. He attended Government Community Secondary School Biu in Borno State between 1977 and 1982. In 1987, he obtained his Bachelor of Science (BSc) in geology and earth science from the University of Maiduguri. Career After the retirement of Maikanti Baru from the corporation on 7 July 2019, Kyari was appointed by the administration of President Muhammadu Buhari Muhammadu Buhari (born 17 December 1942) is a Nigerian politician and current president of Nigeria since 2015. Buhari i ...
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Nigeria LNG
Nigeria LNG Limited (NLNG) is a liquefied natural gas (LNG)-producing company and a liquefied natural gas plant on Bonny Island, Nigeria. History Nigeria LNG Limited was incorporated as a limited liability company on 17 May 1989, to produce LNG and natural gas liquids (NGL) for export. The plant was built by TSKJ consortium, which was led by former Halliburton's subsidiary KBR. Other participants of the consortium were Snamprogetti, Technip and JGC Corporation. The first train came into operation in 1999. In September 1999, the Bonny plant started production and was expected to send its first shipment in October. It started with sales contracts with Enel for 3.5 billion bcm/y, Enagás for 1.6 bcm/y, BOTAŞ for 1.2 bcm/y, and Gaz de France for 500 million cu m/year. The feed gas was provided by Shell, Elf Aquitaine and Agip. In 2013, NLNG signed an agreement with Samsung Heavy Industries and Hyundai Heavy Industries for the delivery of 4 LNG carrier ships that cost US$1 ...
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Warri
The city of Warri is an oil hub within South-South Nigeria and houses an annex of the Delta State Government House. Warri City is one of the major hubs of the petroleum industry in Nigeria. Warri and her twin city, Uvwie are the commercial capital of Delta State with a population of over 311,970 people in 2006. The city is the indigenous territory of Urhobo, itsekiri and Ijaw people. Warri shares boundaries with Uvwie to the east, Udu to the south east, Ogbe-ijoh to the south, and other communities in Warri South LGA to the west. Due to its rapid population growth and linked roads, the city and its border towns eg Uvwie, Udu merged into a conurbation collectively referred as “Warri” Warri sits on the bank of Warri River which joined Forcados River and Escravos River through Jones Creek in the lower Niger Delta Region. The city has a modern seaport which serves as the cargo transit point between the Niger River and the Atlantic Ocean for import and export. ...
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State-owned Enterprise
A state-owned enterprise (SOE) is a government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn profit for the government, control monopoly of the private sector entities, provide products and services to citizens at a lower price and for the achievement of overall financial goals & developmental objectives in a particular country. The national government or provincial government has majority ownership over these ''state owned enterprises''. These ''state owned enterprises'' are also known as public sector undertakings in some countries. Defining characteristics of SOEs are their distinct legal form and possession of financial goals & developmental objectives (e.g., a state railway company may aim to make transportation more accessible and earn profit for the government), SOEs are government entities established to pursue financial objectives and dev ...
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TotalEnergies
TotalEnergies SE is a French multinational integrated energy and petroleum company founded in 1924 and one of the seven supermajor oil companies. Its businesses cover the entire oil and gas chain, from crude oil and natural gas exploration and production to power generation, transportation, refining, petroleum product marketing, and international crude oil and product trading. TotalEnergies is also a large-scale chemicals manufacturer. TotalEnergies has its head office in the Tour Total in La Défense district in Courbevoie, west of Paris. The company is a component of the Euro Stoxx 50 stock market index. In the 2020 Forbes Global 2000, it was ranked as the 29th-largest public company in the world, and additionally ranked as the 25th largest company of any type on the Fortune Global 500. History 1924–1985: Compagnie française des pétroles The company was founded after World War I, when petrol was seen as vital in case of a new war with Germany. The then French Presi ...
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London
London is the capital and List of urban areas in the United Kingdom, largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary down to the North Sea, and has been a major settlement for two millennia. The City of London, its ancient core and financial centre, was founded by the Roman Empire, Romans as ''Londinium'' and retains its medieval boundaries.See also: Independent city#National capitals, Independent city § National capitals The City of Westminster, to the west of the City of London, has for centuries hosted the national Government of the United Kingdom, government and Parliament of the United Kingdom, parliament. Since the 19th century, the name "London" has also referred to the metropolis around this core, historically split between the Counties of England, counties of Middlesex, Essex, Surrey, Kent, and Hertfordshire, which largely comprises Greater London ...
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Kaduna
Kaduna is the capital city of Kaduna State, and the former political capital of Northern Nigeria. It is located in north-western Nigeria, on the Kaduna River. It is a trade Centre and a major transportation hub as the gateway to northern Nigeria, with its rail and important road network. The population of Kaduna was at 760,084 as of the 2006 Nigerian census. Rapid urbanization since 2005 has created an increasingly large population, now estimated to be around 1.3 million. The project population of people in Kaduna state as at 2021 is 8.9 million people. Etymology The etymology of the word ''Kaduna'' is said to be a corruption of the Hausa word for "crocodiles", ''Kaddani'' in the Hausa language (''kaduna'' being the plural form). Another version of the name proposes a link to the Gbagyi word/name 'Odna', meaning 'river'. History Kaduna was founded by British colonists in 1900. The first British governor of Northern Nigeria, Sir Frederick Lugard, chose the present site for ...
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Lagos
Lagos (Nigerian English: ; ) is the largest city in Nigeria and the second most populous city in Africa, with a population of 15.4 million as of 2015 within the city proper. Lagos was the national capital of Nigeria until December 1991 following the government's decision to move their capital to Abuja in the center of the country. The Lagos metropolitan area has a total population of roughly 23.5 million as of 2018, making it the largest metropolitan area in Africa. Lagos is a major African financial center and is the economic hub of Lagos State and Nigeria at large. The city has been described as the cultural, financial, and entertainment capital of Africa, and is a significant influence on commerce, entertainment, technology, education, politics, tourism, art, and fashion. Lagos is also among the top ten of the world's fastest-growing cities and urban areas. The megacity has the fourth-highest GDP in Africa and houses one of the largest and busiest seaports on the c ...
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Central Business District, Abuja
Abuja () is the capital and eighth most populous city of Nigeria. Situated at the centre of the country within the Federal Capital Territory (FCT), it is a planned city built mainly in the 1980s based on a master plan by International Planning Associates (IPA), a consortium of three American planning and architecture firms made up of Wallace, Roberts, McHarg & Todd (WRMT – a group of architects) as the lead, Archisystems International (a subsidiary of the Howard Hughes Corporation), and Planning Research Corporation. The Central Business District of Abuja was designed by Japanese architect Kenzo Tange. It replaced Lagos, the country's most populous city, as the capital on 12 December 1991. Abuja's geography is defined by Aso Rock, a monolith left by water erosion. The Presidential Complex, National Assembly, Supreme Court and much of the city extend to the south of the rock. Zuma Rock, a monolith, lies just north of the city on the expressway to Kaduna. At the 2006 ce ...
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Herbert Macaulay Way
Herbert may refer to: People Individuals * Herbert (musician), a pseudonym of Matthew Herbert Name * Herbert (given name) * Herbert (surname) Places Antarctica * Herbert Mountains, Coats Land * Herbert Sound, Graham Land Australia * Herbert, Northern Territory, a rural locality * Herbert, South Australia. former government town * Division of Herbert, an electoral district in Queensland * Herbert River, a river in Queensland * County of Herbert, a cadastral unit in South Australia Canada * Herbert, Saskatchewan, Canada, a town * Herbert Road, St. Albert, Canada New Zealand * Herbert, New Zealand, a town * Mount Herbert (New Zealand) United States * Herbert, Illinois, an unincorporated community * Herbert, Michigan, a former settlement * Herbert Creek, a stream in South Dakota * Herbert Island, Alaska Arts, entertainment, and media Fictional entities * Herbert (Disney character) * Herbert Pocket (''Great Expectations'' character), Pip's close friend and roommate ...
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