Oil & Gas News Highlights!

[wanaj0]

Originally Posted by Oracle

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.

[bivins1]

Originally Posted by wanaj0

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

[Oracle]

Originally Posted by wanaj0

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?

[Oracle]

Originally Posted by wanaj0

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?

[eniyanman]

Originally Posted by knightofdelta

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

Originally Posted by overload

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.

[waaan5]

Originally Posted by eniyanman

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.

[eniyanman]

Originally Posted by waaan5

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

[hispy99]

FG Drops Planned Refinery Projects - Jonathan Must Tackle Fuel Subsidy Corruption - Labour

[hispy99]

Group Says PIB Twisted, Vests Enormous Power on Jonathan, Articles | THISDAY LIVE

[hispy99]

FG statements raise questions on future of refineries

[hispy99]

ECOWAS court asks Nigeria to punish oil firms for pollution

[hispy99]

Oil & Gas sector faces dwindling fortune

[hispy99]

2012 subsidy claims to reach N1.23tn - PPPRA - The Punch - Nigeria's Most Widely Read Newspaper

[hispy99]

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

and yet, we are spending N1.2T on subsidy...

[hispy99]

Shell Awards Subsurface Contracts to Four Nigerian Firms, Articles | THISDAY LIVE

[AbsoluT]

Wont be surprised if subsidy is completely removed in Q1- 2013.

[eniyanman]

Originally Posted by AbsoluT

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.

[hispy99]

NPDC, on the Part of Attaining 250,000bpd Production Target, Articles | THISDAY LIVE

[hispy99]

NNPC: We Won’t Bend Contracting Procedures for IOCs, Articles | THISDAY LIVE

[hispy99]

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