Nigeria's Low Crude Production Cause of Revenue Loss, Says PETAN The Petroleum Technology Association of Nigeria has claimed that the country is losing a lot of revenue daily due to its inability to ramp up crude oil production. The Chairman of PETAN, Wole Ogunsanya, stated this...

Nigeria Has Potential to Produce 2.2m Oil bpd – NUPRC The Chief Executive, Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Mr. Gbenga Komolafe says Nigeria has the potential to produce 2.2 million bpd as against the current production of between 1.5 million and 1.6 million. Komolafe disclosed...

NCDMB, PETAN Seal $30m Working Capital Scheme Pact         The Nigerian Content Development and Monitoring Board (NCDMB) and the Petroleum Technology Association of Nigeria (PETAN) on Monday signed an agreement on US$30m Working Capital Scheme that will support the operations of oil companies against the adverse...

COVID-19: PETAN Partners NCDMB, Donates to Bayelsa, Rivers, and Delta States   As part of its Corporate Social Responsibility (CSR) endeavours, and in her effort to alleviate the anguish of the Covid-19 pandemic, the Petroleum Technology Association of Nigeria (PETAN) has partnered with the Nigerian Content...

NNPC, PETAN Partner To Boost Oil, Gas Production   The Nigerian National Petroleum Corporation (NNPC) and the Petroleum Technology Association of Nigeria (PETAN) have pledged to partner on ways to bolster production activities in the nation’s oil and gas sector. This resolution was reached Thursday when the...

PETAN Targets 40% Local Vessel Ownership   Petroleum Technology Association of Nigeria has said it will step up efforts to increase indigenous vessel ownership from less than 10 per cent to over 40 per cent. The Chairman, PETAN, Mr Bank-Anthony Okoroafor, said the association was also working...