* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Saturday, July 5, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Max-Matching Entertainments & Longhua District form partnership for new entertainment complex – Blooloop

    Max-Matching Entertainments and Longhua District Unite to Launch Thrilling New Entertainment Complex

    Kennedy Publishing, MGA Entertainment Launch Yummiland Magazine – License Global

    Kennedy Publishing, MGA Entertainment Launch Yummiland Magazine – License Global

    MAY HER SOUL REST IN PEACE 🙏 Veteran entertainment columnist and talent manager Lolit Solis has passed away. She was 78 years old. https://tinyurl.com/6kumarkx | LatestChika.com – Facebook

    Beloved Entertainment Icon Lolit Solis Passes Away at 78 – A Life Remembered with Love and Respect 🙏

    Neil Young Plays Rare Full-Band ‘Ambulance Blues’ With The Chrome Hearts – Yahoo

    Neil Young Stuns Fans with Rare Full-Band Performance of ‘Ambulance Blues’ Alongside The Chrome Hearts

    BTS Announce Their Big Return and Yes, They Already Have Some Major Plans in the Works – Yahoo

    BTS Announce Their Big Return and Yes, They Already Have Some Major Plans in the Works – Yahoo

    Nantucket Dance Festival opens July 8 – The Inquirer and Mirror

    Nantucket Dance Festival Launches with Thrilling Performances Beginning July 8

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    New Technology for Water Efficiency and Working with Mexico on Screwworm – AG INFORMATION NETWORK OF THE WEST

    Revolutionary Water Efficiency Technology and Cross-Border Collaboration to Defeat Screwworm

    Environmental cognitive distance, R&D capability distance, and supply chain green technology innovation – Nature

    Bridging Gaps: How Environmental and R&D Differences Drive Green Technology Innovation in Supply Chains

    LG Innotek CEO Moon Hyuksoo: “Our Next-gen Substrate Technology Will Change the Industry Paradigm” – TechPowerUp

    LG Innotek CEO Moon Hyuksoo: “Our Next-Gen Substrate Technology Will Revolutionize the Industry” Revolutionizing the Future: LG Innotek’s CEO Unveils Game-Changing Next-Gen Substrate Technology

    Inspira Technologies Secures Landmark $22.5M Deal: Major Revenue Breakthrough After FDA Clearance – Stock Titan

    Inspira Technologies Secures Landmark $22.5M Deal: Major Revenue Breakthrough After FDA Clearance – Stock Titan

    Meiwu Technology Company Limited and Shenzhen Zhinuo – GlobeNewswire

    Meiwu Technology Company Limited and Shenzhen Zhinuo – GlobeNewswire

    Owls inspire new revolutionary noise reduction technology – KTEN

    Owls inspire new revolutionary noise reduction technology – KTEN

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Max-Matching Entertainments & Longhua District form partnership for new entertainment complex – Blooloop

    Max-Matching Entertainments and Longhua District Unite to Launch Thrilling New Entertainment Complex

    Kennedy Publishing, MGA Entertainment Launch Yummiland Magazine – License Global

    Kennedy Publishing, MGA Entertainment Launch Yummiland Magazine – License Global

    MAY HER SOUL REST IN PEACE 🙏 Veteran entertainment columnist and talent manager Lolit Solis has passed away. She was 78 years old. https://tinyurl.com/6kumarkx | LatestChika.com – Facebook

    Beloved Entertainment Icon Lolit Solis Passes Away at 78 – A Life Remembered with Love and Respect 🙏

    Neil Young Plays Rare Full-Band ‘Ambulance Blues’ With The Chrome Hearts – Yahoo

    Neil Young Stuns Fans with Rare Full-Band Performance of ‘Ambulance Blues’ Alongside The Chrome Hearts

    BTS Announce Their Big Return and Yes, They Already Have Some Major Plans in the Works – Yahoo

    BTS Announce Their Big Return and Yes, They Already Have Some Major Plans in the Works – Yahoo

    Nantucket Dance Festival opens July 8 – The Inquirer and Mirror

    Nantucket Dance Festival Launches with Thrilling Performances Beginning July 8

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    New Technology for Water Efficiency and Working with Mexico on Screwworm – AG INFORMATION NETWORK OF THE WEST

    Revolutionary Water Efficiency Technology and Cross-Border Collaboration to Defeat Screwworm

    Environmental cognitive distance, R&D capability distance, and supply chain green technology innovation – Nature

    Bridging Gaps: How Environmental and R&D Differences Drive Green Technology Innovation in Supply Chains

    LG Innotek CEO Moon Hyuksoo: “Our Next-gen Substrate Technology Will Change the Industry Paradigm” – TechPowerUp

    LG Innotek CEO Moon Hyuksoo: “Our Next-Gen Substrate Technology Will Revolutionize the Industry” Revolutionizing the Future: LG Innotek’s CEO Unveils Game-Changing Next-Gen Substrate Technology

    Inspira Technologies Secures Landmark $22.5M Deal: Major Revenue Breakthrough After FDA Clearance – Stock Titan

    Inspira Technologies Secures Landmark $22.5M Deal: Major Revenue Breakthrough After FDA Clearance – Stock Titan

    Meiwu Technology Company Limited and Shenzhen Zhinuo – GlobeNewswire

    Meiwu Technology Company Limited and Shenzhen Zhinuo – GlobeNewswire

    Owls inspire new revolutionary noise reduction technology – KTEN

    Owls inspire new revolutionary noise reduction technology – KTEN

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home News

NNPC, TotalEnergies to invest $550 million in gas projects in Nigeria – Report  

June 19, 2024
in News
NNPC, TotalEnergies to invest $550 million in gas projects in Nigeria – Report  
Share on FacebookShare on Twitter

Nigeria National Petroleum Corporation (NNPC) Limited alongside French energy major, TotalEnergies, will invest a swooping sum of $550 million to develop gas facilities in oil-rich Rivers State.  

Sources within the NNPC informed Reuters on Wednesday that the deal is a partnership between the national oil company and the French international oil giant. 

The NNPC source said an announcement would be made this week. 

RelatedStories

AITEO loans: UK Court rules in favour of Shell, AFC, GTB, Zenith, First Bank others

Naira , dollar, exchange rate

Reuters reported that the investment project will encompass the development of a gas processing plant along with the construction of an extensive pipeline network traversing the Niger Delta region.  

The source said the initiative aims to enhance the region’s energy infrastructure, ensuring efficient processing and transportation of natural gas across the area. 

The gas processing facility, to be constructed at the Ubeta onshore gas field jointly owned by Total and NNPC, will supply gas to the Nigeria Liquefied Natural Gas (NLNG) plant. 

NLNG is a consortium involving NNPC, Shell, Total, and Italy’s Eni. 

Upon completion, the plant is expected to produce 350 million standard cubic feet of gas per day and 10,000 barrels per day of associated liquids, according to the source. 

What this means for Nigeria’s Gas Sector Nigeria, which holds Africa’s largest natural gas reserves of over 200 trillion cubic feet, currently flares – or burns off – gas from its oil fields. This practice is largely due to the country’s insufficient processing infrastructure and capital constraints. The recent investment in gas processing infrastructure represents a significant shift.  It highlights the potential for better utilization of Nigeria’s vast natural gas resources, reducing the wasteful practice of flaring. Analysts suggest that this investment could signal the success of President Bola Tinubu’s efforts to attract investment into Nigeria’s energy sector.  

The administration has been actively working to create a more favourable environment for investors. 

If successful, these investments could transform Nigeria’s energy landscape, making the country a major player in the global natural gas market while addressing environmental concerns associated with gas flaring. 

“The government will hope this offers confidence not only in the quality of the Nigerian resource base but also in the government’s pledge to improve ease of doing business,” Clementine Wallop, director, of sub-Saharan Africa at political risk consultancy Horizon Engage, said. 

Divestment Strategy through Investment in Gas  

The shift from oil to gas diversification in Nigeria’s oil and gas sector has been underway for decades, driven by the country’s abundance of gas reserves compared to crude oil reserves. 

The shift to gas has also been consolidated by President Tinubu with the signing of new executive orders to boost the gas industry in the country. President Tinubu also inaugurated three different gas plants, aiming to boost gas production in the country by at least 25%. The gas plants are located in Delta and Imo respectively. In addition, NNPC signed a recent deal with a North American firm, Golar LNG, to float Liquefied Natural Gas (LNG) offshore in the Niger Delta region. The deal includes  a Project Development Agreement (PDA) that aims to utilize approximately 400-500mmscf/d and produce LNG, LPG (cooking gas) and Condensate in the country. The spokesperson for NNPC, Olufemi Soneye said while the initial project development agreement was sealed by both parties— NNPC and Golar— the final agreement is expected to be concluded before the fourth quarter of this year. 
>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : Nairametrics – https://nairametrics.com/2024/06/19/nnpc-totalenergies-to-invest-550-million-in-gas-projects-in-nigeria-report/

Tags: investnewsTotalEnergies
Previous Post

First Bank confirms appointment of Olusegun Alebiosu as Managing Director, Ini Ebong as DMD 

Next Post

Louisiana requires display of Ten Commandments in all classrooms

Special Feature: Intraspecific variation in ecology & evolution – besjournals

Exploring the Fascinating World of Intraspecific Variation in Ecology and Evolution

July 5, 2025

NASA’s Lucy Mission Provides Full View of Asteroid Donaldjohanson – NASA Science (.gov)

July 5, 2025
Even old brains can make new neurons, study suggests – Popular Science

Even old brains can make new neurons, study suggests – Popular Science

July 5, 2025
Jonathan Anderson reinvents JW Anderson as lifestyle brand – FashionNetwork Canada

Jonathan Anderson Reinvents JW Anderson as a Vibrant Lifestyle Brand

July 5, 2025
Review: Jurassic World Rebirth is a prehistoric disaster – AZFamily

Jurassic World Rebirth: A Prehistoric Disaster Unleashed

July 5, 2025
Max-Matching Entertainments & Longhua District form partnership for new entertainment complex – Blooloop

Max-Matching Entertainments and Longhua District Unite to Launch Thrilling New Entertainment Complex

July 5, 2025
Elon Musk vows to start a new political party after Trump feud. Here’s why that’s harder than it sounds. – CBS News

Elon Musk vows to start a new political party after Trump feud. Here’s why that’s harder than it sounds. – CBS News

July 5, 2025
New Technology for Water Efficiency and Working with Mexico on Screwworm – AG INFORMATION NETWORK OF THE WEST

Revolutionary Water Efficiency Technology and Cross-Border Collaboration to Defeat Screwworm

July 4, 2025
California AG Rob Bonta says online fantasy sports platforms are illegal in the state – KCRA

California AG Rob Bonta Cracks Down, Declares Online Fantasy Sports Platforms Illegal

July 4, 2025
Bridge Point Tacoma permit and settlement – Washington State Department of Ecology (.gov)

Bridge Point Tacoma permit and settlement – Washington State Department of Ecology (.gov)

July 4, 2025

Categories

Archives

July 2025
MTWTFSS
 123456
78910111213
14151617181920
21222324252627
28293031 
« Jun    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (705)
  • Economy (731)
  • Entertainment (21,620)
  • General (15,718)
  • Health (9,768)
  • Lifestyle (735)
  • News (22,149)
  • People (731)
  • Politics (739)
  • Science (15,948)
  • Sports (21,229)
  • Technology (15,715)
  • World (712)

Recent News

Special Feature: Intraspecific variation in ecology & evolution – besjournals

Exploring the Fascinating World of Intraspecific Variation in Ecology and Evolution

July 5, 2025

NASA’s Lucy Mission Provides Full View of Asteroid Donaldjohanson – NASA Science (.gov)

July 5, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version