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Industry News

  • Crude Oil prices per barrel - $78.08 in the U.S. and $78.24 in London.

  • BP Plc said oil has stopped flowing into the Gulf of Mexico for the first time in about three months as the company pressure tests its damaged Macondo well. Senior Vice President Kent Wells commented Thursday.
  • You are invited to NAPE's Pre-Conference Workshop 2010 titled "The Nigerian Content Law: Applications and Implications. It is slated for Wednesday 25th August 2010 by 9.00am prompt at the Eko Hotel & Suites, Victoria Island, Lagos, Nigeria.
  • Oil companies and contractors with operations in the deep waters of the Gulf of Mexico won't resume drilling until they see how a federal judge's decision to lift a U.S. ban plays out, analysts said.
  • BP has agreed to the $20 billion oil spill fund as requested by President Obama. BP has agreed to contribute 20 billion dollars over a four-year period at a rate of five billion dollars per year, including five billion dollars within 2010.
  • You are invited to participate in the NAPE's Continuing Education School (Summer School) coming up this week from 26th to 30th July, 2010 at the Peninsula Resorts, Lekki-Lagos, Nigeria. The course title is "Understanding the Economics and Fiscal Provisions in the Petroleum Industry Bill".
  • Conoil, Nigeria's leading indigenous petroleum exploration and production company, has discovered huge gas deposits in the central part of its Oil Mining Lease 136 (OML-136) in offshore western Delta of Nigeria. The company made the discovery in Agge-3B. T1 well while appraising an undrilled compartment of the Agge field complex.
  • BP Plc's failure since April to plug a Gulf of Mexico oil leak has prompted forecasts the crude may continue gushing into December in what President Barack Obama has called the greatest environmental disaster in the U.S. history.
  • Royal Dutch Shell pays $4.7 billion to buy privately held East Resources Inc, giving it more exposure to promising shale gas reserves in North America.
  • The Shell Petroleum Development Company of Nigeria (SPDC) has unveiled plans to invest about $2 billion (NGN290 billion) on a number of projects that would drastically reduce gas flaring in Nigeria.
  • About 25 billion cubic metres of natural gas will be transported per year in the proposed Trans-Saharan Gas - Pipeline project  which will be recovered from gas flaring in Nigeria.
  • You are invited to the 3rd Regional Deepwater Offshore West Africa Conference and Exhibition (DOWAC) coming up 14 - 18 November 2010 at the Abuja International Conference Centre, Nigeria.
  • China, the world's second-biggest consumer of oil, will lend Venezuela $20 billion and form a venture to pump crude from the Orinoco Belt, President Hugo Chavez said, vowing to meet the Asian country's energy needs.

  • Eight new private refineries licensed by the Department of Petroleum Resources (DPR) would soon come on stream to contribute an aggregate of 483,000 barrels of oil per day to the nation's refining capacity.

 

 

 

 

     

     

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WELCOME TO NAPE
NAPE CONTINUING EDUCATION SCHOOL (SUMMER SCHOOL) PDF Print E-mail

The Nigerian Association of Petroleum Explorationists invites you to participate in her Continuing Education School this week from Monday 26th to Friday 30th July, 2010 at the Peninsula Resorts, Lekki, Lagos - Nigeria. The course title is "Understanding the Economics and Fiscal Provisions in the Petroleum Industry Bill". The course facilitator is Professor Wumi Iledare, the Director of the Center for Energy Studies, Louisiana State University, USA.

The School is organized for professionals in the Oil companies, NNPC, NAPIMS, DPR, Law Firms, Banks, Insurance and other institutions of interest in oil and gas. For the schedule of activities, click here. For the Registration Form, click here.

For more details, contact: Mrs. Jacqueline Goyea, The Executive Director, NAPE Secretariat, 47A Femi Okunnu Housing Estate, Lekki Peninsula, Lagos. Tel: (234) 1 7731539.

 
JULY TECHNICAL/BUSINESS MEETING PDF Print E-mail
The July 2010 Technical/Business Meeting was held on Wednesday, 21st July 2010 at the Nigerian Institute of International Affairs 13/15 Kofo Abayomi Street, Victoria Island, Lagos. Topic was "Reservoir Development on the Distal Basin Floor - Process Controls and Implications for Exploration" and the Speaker was Tim Garfield, from ExxonMobil Exploration Company, Houston TX, USA.
 
Tim Garfield (right) makes his presentation while participants including Mr. Victor Agbe-Davies fnape and Mr. Gilbert Odior fnape listens
 
The meeting which was sponsored by ExxonMobil has a large audience of industry professionals and students. For the abstract, click here. For pictures, click here.
 
NAPE ELECTIONS 2010! NAPE ELECTIONS 2010!! PDF Print E-mail
In accordance with the NAPE Constitution and Bye-Laws, nomination of potential candidates are hereby invited towards electing officers to fill expecting vacant posts in the Executive Committee from December 2010 to November 2012. For details, click here.
For the NAPE Nomination Form, click here. Completed nomination forms should be sealed and returned by 2nd August, 2010 to the NAPE Secretariat.
 
DEEPWATER OFFSHORE WEST AFRICA CONFERENCE PDF Print E-mail

 

The Nigerian Association of Petroleum Explorationists in partnership with the American Association of Petroleum Geologists Africa Region invites you to participate in the 3rd Regional Deepwater Offshore West Africa Conference and Exhibition (DOWAC). Theme for the conference is "West Africa Deepwater: Successes, Challenges and Future Prospects".

For Full Details and Conference Brochure, click here.

For the Information on Submission of Abstracts Online, click here.

For the Call for Abstracts Second and Final Circular, click here.

For DOWAC Registration Form, click here.

ABSTRACTS SUBMISSION CLOSES SOON. SUBMIT YOURS ONLINE TODAY!
 
PRE-CONFERENCE WORKSHOP 2010 PDF Print E-mail

The Nigerian Association of Petroleum Explorationists invites you to this year's pre-conference workshop titled "The Nigerian Content Law: Applications and Implications". It will be held Wednesday 25th August 2010 by 9.00a.m. prompt at Eko Hotel & Suites, Victoria Island, Lagos, Nigeria. Keynote Speaker is Engr. Ernest Nwapa, Ag. Executive Secretary, Nigerian Content Development Monitoring Board. For details, click here.
 
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