FG-IOCS finalize evaluation of bids for 13 5bn zabazaba deepwater project

The federal government, Nigerian Agip Exploration Limited (NAE) and Shell Petroleum Exploration and Production Company (SNEPCo) have completed the technical and commercial evaluation of bids for the main packages in the development of the $13.5 billion Zabazaba deepwater oil field in Oil Prospecting Lease (OPL) 245 within 14 months, THISDAY has learnt. Shell and Agip […]

FG, IOCs Finalise Evaluation of Bids for $13.5bn Zabazaba Deepwater Project

The federal government, Nigerian Agip Exploration Limited (NAE) and Shell Petroleum Exploration and Production Company (SNEPCo) have completed the technical and commercial evaluation of bids for the main packages in the development of the $13.5 billion Zabazaba deepwater oil field in Oil Prospecting Lease (OPL) 245 within 14 months, THISDAY has learnt. Shell and Agip […]

New Leadership Announced For Merged GE-Baker Hughes

On the heels of being approved by European Union regulators, the merger between General Electric and Baker Hughes International now has a new executive team that will run the combined company. Last October, GE announced its plans to acquire more than 62% of Baker Hughes in a deal that is expected to close by mid-year, […]