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The project was developed by Chevron Nigeria Limited (75%) and the Nigerian National Petroleum Company (15%). [1] Sasol gained interest in the project early on, acquiring half of Chevron Nigeria's stake; however, due to increased cost and delays, Sasol reduced its stake to 10% in late 2008.
Chevron operates under a joint-venture agreement with the Nigerian National Petroleum Company (NNPC). Chevron has a significant stake in multi-partner deepwater projects as well. The Agbami field, which is one of Nigeria's biggest deepwater discoveries, is operated by the company. Additionally, Chevron holds a non-operated interest in the Usan ...
Bisoye Coker Odusote (born in 1984) is a Nigerian engineer and the Chief Executive Officer and Director General of the National Identity Management Commission (NIMC) of Nigeria, she was formerly the General Manager of the Lagos State Infrastructure Maintenance and Regulatory Agency (LASIMRA).
In October 2019, NNPC announced the signing of a $2.5 billion pre-payment agreement with Nigeria LNG to fund upstream gas development projects. [4] In December 2021, the Federal Government of Nigeria and NNPC Ltd signed a ₦621 billion Memorandum of Understanding to finance the construction of critical road infrastructure across the country. [5]
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The Escravos–Lagos Pipeline System (ELPS) is a natural gas pipeline built in 1989 to supply gas from Escravos region of Niger Delta area to Egbin power station near Lagos in Nigeria. Subsequent spur lines from the ELP supply Delta power plant at Ughelli , Warri Refining and Petrochemicals Company at Ekpan, Uvwie .
Gbenga Komolafe was born in 1963 in Igbara-Oke, Ifedore Local Government Area of Ondo State, Nigeria.He had his primary and secondary education in Ondo State before proceeding to University of Ilorin where he earned a bachelor's degree in engineering in 1987. [4]
In October 2015, Chevron announced that it was cutting up to 7,000 jobs, or 11 percent of its workforce. [105] Because of the COVID-19 pandemic and 2020 Russia–Saudi Arabia oil price war, Chevron announced reductions of 10–15% of its workforce. [64] US officials visiting Chevron's Barrow Island facilities