Business
Total Releases Drilling Programme For Offshore Project
French oil giant, Total,
has unveiled a programme of operation for its deepest offshore project, the Egina Deepwater Project, in Nigeria
The Executive General Manager of the Project, Jean-Michel Guy said two rigs would be kept busy for 3,000 days, drilling 44 wells in water depths ranging between 1,400 and 1,700 meters.
Describing the project as the deepest offshore project ever operated by Total, Guy explained that with production of 200,000 barrels per day, the project would significiantly contribute towards actualizing the firm’s total production target for 2017.
Guy further stated in a press statement that the Egina project emphasized Nigerian content as several local jobs would be created thereby contributing to the nation’s sustainable development.
The Executive General Manager described the Egina project as a win-win situation that would enable the company pursue a partnership that began more that 50 years ago. He stated that Egina project which received a positive investment decision in 2013, was expected to begin production at the end of 2017.
The project will include FPSO unit, an oil off loading terminal and subsea production systems such as risers, 52km of oil and water injection flowlines, 12 flexible jumbers, 20 km of gas export pipelines, 80 km of umbilicals and subsea manifolds.
Business
FEC Approves Concession Of Port Harcourt lnt’l Airport
Business
Senate Orders NAFDAC To Ban Sachet Alcohol Production by December 2025 ………Lawmakers Warn of Health Crisis, Youth Addiction And Social Disorder From Cheap Liquor
The upper chamber’s resolution followed an exhaustive debate on a motion sponsored by Senator Asuquo Ekpenyong (Cross River South), during its sitting, last Thursday.
He warned that another extension would amount to a betrayal of public trust and a violation of Nigeria’s commitment to global health standards.
Ekpenyong said, “The harmful practice of putting alcohol in sachets makes it as easy to consume as sweets, even for children.
“It promotes addiction, impairs cognitive and psychomotor development and contributes to domestic violence, road accidents and other social vices.”
Senator Anthony Ani (Ebonyi South) said sachet-packaged alcohol had become a menace in communities and schools.
“These drinks are cheap, potent and easily accessible to minors. Every day we delay this ban, we endanger our children and destroy more futures,” he said.
Senate President, Godswill Akpabio, who presided over the session, ruled in favour of the motion after what he described as a “sober and urgent debate”.
Akpabio said “Any motion that concerns saving lives is urgent. If we don’t stop this extension, more Nigerians, especially the youth, will continue to be harmed. The Senate of the Federal Republic of Nigeria has spoken: by December 2025, sachet alcohol must become history.”
According to him, “This is not just about alcohol regulation. It is about safeguarding the mental and physical health of our people, protecting our children, and preserving the future of this nation.
“We cannot allow sachet alcohol to keep destroying lives under the guise of business.”
According to him, “This is not just about alcohol regulation. It is about safeguarding the mental and physical health of our people, protecting our children, and preserving the future of this nation.
“We cannot allow sachet alcohol to keep destroying lives under the guise of business.”
Business
PHCCIMA Leadership Hails Rivers Commerce Commissioner for Boosting Business Ties …..Urges Deeper Collaboration to Ignite Economic Growth
