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  #941 (permalink)  
Old 14th December 2012, 05:01 PM
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Default Re: Oil & Gas News Highlights!

Quote:
Originally Posted by Oracle View Post
What is the meaning of this? How can they contract the project? Can anyone explain?

Basically they are saying that they don't comment on the contracting process. Newspaper reports claim that the contracting process is stalled.

Reality is that no investment until PIB is sorted out! Expect serious capital flight if there is no landing soon. Egina like other is yet to take FID.
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  #942 (permalink)  
Old 14th December 2012, 05:04 PM
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Default Re: Oil & Gas News Highlights!

Quote:
Originally Posted by wanaj0 View Post
Basically they are saying that they don't comment on the contracting process. Newspaper reports claim that the contracting process is stalled.

Reality is that no investment until PIB is sorted out! Expect serious capital flight if there is no landing soon. Egina like other is yet to take FID.
Good morning Sir
e don tay
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  #943 (permalink)  
Old 14th December 2012, 05:17 PM
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Default Re: Oil & Gas News Highlights!

Quote:
Originally Posted by wanaj0 View Post
Basically they are saying that they don't comment on the contracting process. Newspaper reports claim that the contracting process is stalled.

Reality is that no investment until PIB is sorted out! Expect serious capital flight if there is no landing soon. Egina like other is yet to take FID.
Capital flight? How? Is it the capital tehy have not brought or the one they have invested already?
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  #944 (permalink)  
Old 14th December 2012, 05:20 PM
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Default Re: Oil & Gas News Highlights!

Quote:
Originally Posted by wanaj0 View Post
Basically they are saying that they don't comment on the contracting process. Newspaper reports claim that the contracting process is stalled.

Reality is that no investment until PIB is sorted out! Expect serious capital flight if there is no landing soon. Egina like other is yet to take FID.
Is the sale of USAN part of the flight?
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  #945 (permalink)  
Old 14th December 2012, 06:53 PM
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Default Re: Oil & Gas News Highlights!

Quote:
Originally Posted by knightofdelta View Post
I am surprised that you did not somehow tie your nemesis, DAM, into the whole show

She gave me an oil block. She used her discretionary powers under the proposed PIB bill

Quote:
Originally Posted by overload View Post
Kidnappers free Nigeria minister's mother, official says | Reuters

and within 16hrs after the signing of the bill: Okonjo Iweala mum earlier kidnapped was released!

Abeg where is Cashrules with his Secret service training on coincidences?
Naija!!!!!!
Apparently, the FEC has approved the following nursery rhyme;

Solomon Grundy,
Kidnapped on Sunday,
Ransom demand on Monday
Supplementary bill presented on Tuesday
Ransom payment agreed on Wednesday (night)
Bill passed on Thursday
Hostage released on Friday
Fuel queue disappears on Saturday
That was the end
Of Solomon Grundy


Disclaimer:
The script on which this rhyme was written was picked up by the side of the road earlier this morning. Any resemblance to real persons, living or dead, is purely (and obviously) coincidental.
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  #946 (permalink)  
Old 14th December 2012, 08:01 PM
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Default Re: Oil & Gas News Highlights!

Quote:
Originally Posted by eniyanman View Post
She gave me an oil block. She used her discretionary powers under the proposed PIB bill


Naija!!!!!!
Apparently, the FEC has approved the following nursery rhyme;

Solomon Grundy,
Kidnapped on Sunday,
Ransom demand on Monday
Supplementary bill presented on Tuesday
Ransom payment agreed on Wednesday (night)
Bill passed on Thursday
Hostage released on Friday
Fuel queue disappears on Saturday
That was the end
Of Solomon Grundy


Disclaimer:
The script on which this rhyme was written was picked up by the side of the road earlier this morning. Any resemblance to real persons, living or dead, is purely (and obviously) coincidental.
Interesting indeed. How was the queen returned? Did police or army rescue/bust the kidnap gang? If there are no high profile arrests, prosecution and jail terms, then indeeed there is a linkage of sorts.
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  #947 (permalink)  
Old 14th December 2012, 08:09 PM
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Default Re: Oil & Gas News Highlights!

Quote:
Originally Posted by waaan5 View Post
Interesting indeed. How was the queen returned? Did police or army rescue/bust the kidnap gang? If there are no high profile arrests, prosecution and jail terms, then indeeed there is a linkage of sorts.
BBC News - Nigeria's Ngozi Okonjo-Iweala's mother freed by kidnappers
Bros, they said there are no linkages o. It's all coincidence.... extra strong
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#RibaduReport white paper. Expected duration (2 weeks). Over-run (60 weeks++)
Important Read "The wealth and poverty of a nation: Who will restore the dignity of Nigeria?" - Oby Ezekwesili: http://www.vanguardngr.com/2013/01/t...by-ezekwesili/
.. you can't suspend the truth - Gov SLS (missing $20billion whistle blower)

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Last edited by eniyanman; 14th December 2012 at 08:35 PM.
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  #948 (permalink)  
Old 15th December 2012, 03:58 AM
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Default Re: Oil & Gas News Highlights!

FG Drops Planned Refinery Projects - Jonathan Must Tackle Fuel Subsidy Corruption - Labour
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  #949 (permalink)  
Old 15th December 2012, 09:28 PM
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Default Re: Oil & Gas News Highlights!

Group Says PIB Twisted, Vests Enormous Power on Jonathan, Articles | THISDAY LIVE
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  #950 (permalink)  
Old 17th December 2012, 02:52 AM
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Default Re: Oil & Gas News Highlights!

FG statements raise questions on future of refineries
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  #951 (permalink)  
Old 17th December 2012, 03:12 AM
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Default Re: Oil & Gas News Highlights!

ECOWAS court asks Nigeria to punish oil firms for pollution
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  #952 (permalink)  
Old 18th December 2012, 03:28 AM
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Default Re: Oil & Gas News Highlights!

Oil & Gas sector faces dwindling fortune
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  #953 (permalink)  
Old 18th December 2012, 03:29 AM
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Default Re: Oil & Gas News Highlights!

2012 subsidy claims to reach N1.23tn - PPPRA - The Punch - Nigeria's Most Widely Read Newspaper
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  #954 (permalink)  
Old 18th December 2012, 03:30 AM
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Default Re: Oil & Gas News Highlights!

Petrol supply inadequate as Christmas approaches - Marketers - The Punch - Nigeria's Most Widely Read Newspaper

and yet, we are spending N1.2T on subsidy...
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Last edited by hispy99; 18th December 2012 at 03:33 AM.
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  #955 (permalink)  
Old 18th December 2012, 03:57 AM
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Default Re: Oil & Gas News Highlights!

Shell Awards Subsurface Contracts to Four Nigerian Firms, Articles | THISDAY LIVE
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  #956 (permalink)  
Old 18th December 2012, 11:38 AM
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Default Re: Oil & Gas News Highlights!

Wont be surprised if subsidy is completely removed in Q1- 2013.
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  #957 (permalink)  
Old 18th December 2012, 02:31 PM
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Default Re: Oil & Gas News Highlights!

Quote:
Originally Posted by AbsoluT View Post
Wont be surprised if subsidy is completely removed in Q1- 2013.
That will be foolhardy. Subsidy removal is not an alternative to rooting out corruption.
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  #958 (permalink)  
Old 18th December 2012, 04:13 PM
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Default Re: Oil & Gas News Highlights!

NPDC, on the Part of Attaining 250,000bpd Production Target, Articles | THISDAY LIVE
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  #959 (permalink)  
Old 18th December 2012, 04:14 PM
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Default Re: Oil & Gas News Highlights!

NNPC: We Won’t Bend Contracting Procedures for IOCs, Articles | THISDAY LIVE
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  #960 (permalink)  
Old 18th December 2012, 04:14 PM
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Default Re: Oil & Gas News Highlights!

Eland Oil and Gas Makes FTSE AIM 50 INDEX List, Articles | THISDAY LIVE
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