Browsing Tag

total

Africa’s Biggest Investment Takes Shape Under Islamist Threat

Oladipupo Ehindero Jul 5, 2020 0

Dozens of soldiers clutching AK-47s and grenade launchers watch over roaring bulldozers on the white sand beach that meets a tropical turquoise sea. They’re guarding Africa’s biggest investment: a $23 billion project to export Mozambique’s…

News

FBN, Total, NNDC Commiserates with Buhari over Kyari’s Death

Ismaila Chafe Apr 21, 2020 0

President Muhammadu Buhari has received more commiserations on the death of his Chief of Staff, Malam Abba Kyari, who died of Coronavirus (COVID-19) on April 17. SEE ALSO: NUJ Tasks Media Owners, Philanthropists on Journalists’ Welfare…

Government

Reps accuse Total of defrauding NNPC, order oil firm to refund $592m to the Federal Government

Samuel Oduoye May 24, 2019 0

Oil giant, Total Exploration and Production Nigeria was on Thursday ordered to refund $592m to the Federal Government.This followed the report of the House of Representatives' Committee on Gas Resources led by Fred Agbedi, which…

News

Shell, Total declare force majeure on Bonny Light

Yunus Yusuf Apr 29, 2019 0

Two oil majors, Shell Petroleum Development Company of Nigeria and Total, have declared force majeure on exports of crude on each of their trunk lines, spokespersons for the firms have said.Mr Bamidele Odugbesan, Manager, Media…

News

Total starts up production of giant Egina Oil Field

Yunus Yusuf Jan 2, 2019 0

The French multinational oil and gas company, Total, on Wednesday said it had started production from the giant Egina Oilfield located 1,600 metres of water depths, 150 kilometres off the coast of Nigeria.Arnaud Breuillac, the…

Government

Nigeria shut-in 100 Oilfields in 2017, Mostly Onshore- Report

Olubunmi Martins Nov 7, 2018 0

Nigeria's Department of Petroleum Resources, last week released an appraisal report of the country's oil sector, in 2017, with overlapping impact on current outlook.It disclosed that a total number of 101 oilfields were shut - in while…

Business

Total to spend N40m on soap manufacturing plant in Akwa Ibom

News Agency of Nigeria Sep 4, 2018 0

Mr Francois Le-Cocq, Deputy Managing Director, Total Exploration and Production, Port Harcourt, says the company is to spend N40 million to build a soap manufacturing plant at Ekpene Ukim in Uruan Local Government Area of Akwa Ibom.…

News

‎ ‎Court restrains Total, Odesco Oil from trespassing on service station

Joy Kaka May 4, 2018 0

An FCT High Court, Kubwa, on Friday issued an order restraining Total Nigeria Plc and Odesco Oil Nigeria Limited, from trespassing on a service station, situated at 1st Avenue, Lugbe Estate, Abuja.Justice Bello Kawu, who issued the…

Business

NSE: Market capitalisation shed N167bn in spite of interim dividends

Uju Aug 25, 2017 0

The Nigerian Stock Exchange (NSE) market capitalisation on Thursday shed N167 billion in spite of interim dividends declared by some banks for the first six months ended June 30, 2017.The News Agency of Nigeria (NAN) reports that the…

Business

Total invests $10bn in Nigeria’s oil sector in 5 years

Uju Aug 18, 2017 0

Mr Nicolas Terraz, the Managing Director and Chief Executive, Total Upstream Companies in Nigeria, said the companies invested over 10 billion dollars in the country oil and gas sector.Terraz disclosed this during the 2017 August…

Business

Total to boost Nigeria’s oil output by 200,000 barrels daily in 2018

Uju Aug 2, 2017 0

Mr Nicolas Terraz, Managing Director/Chief Executive Officer Total upstream companies in Nigeria, on Wednesday said that the firm would boost the country’s daily oil production by 200,000 barrels from 2018.Terraz, who was represented by…

Metro

Court fixes Sept.26 to hear 257 disengaged Total Exploration workers’ suit

Uju Jun 30, 2017 0

The National Industrial Court, Abuja, has fixed Sept.26, to hear the case of Felix Adariku and 256 other disengaged workers’ of the Total Exploration and Production Company.The aggrieved workers had sued the company over alleged…

Business

Total To Develop OML 130 With $15 billion

Business Editor Jun 23, 2013 0

French oil major, Total has revealed its intention to develop the offshore Egina field for $15 billion as part of a plan to boost production.First oil from the field, which is part of the OML 130 block, is expected at the end of 2017,…