Energy
Mobil, NAPIMS battle each other over pipeline contract
The Mobil Producing Nigeria and the National Petroleum Investment Management Services (NAPIMS), a subsidiary of the Nigerian National Petroleum Corporation (NNPC), are locked in a fight over the award of a gas pipeline contract worth over $250 million in Nigeria.
The contract is for laying of gas export subsea line from Oso Riser Platform to Mobil’s Qua Iboe Terminal, Ibeno.
It was awarded to West African Ventures Ltd in 2014, but cancelled recently because of the company’s inability to begin work on it after four years.
The two organisations in contest now a putting forward different contractors for the re-award of the project.
NAPIMS favours Nigerstar7 while Mobil’s officials root for Saipem.
Both contractors participated in the 2012 bid for the pipeline contract which they lost to West African Ventures.
In the bidding, NigerStar7 was the second lowest bidder, and Saipem, third, in NAPIMS’ evaluation, while Saipem was second, and NigerStar7, third, in Mobil’s evaluation.
No official statement from any of the four organisations involved so far.
-
Sports5 days agoSenegal opens Dakar 2026 Youth Olympic Games, Africa’s first Olympic event
-
Business1 day agoOPay explains how Nigerians can access FG’s N50,000 monthly cash relief
-
Latest1 week agoTinubu endorses Nigeria’s participation in 2026 World Travel Market London
-
Football7 days agoU-17 Women’s World Cup: Flamingos Beat Mexico to Reach Quarter-Finals
-
Latest5 days agoFG Announces N50,000 cash support for vulnerable Nigerians under new relief programme
-
Business5 days agoNNPC’s N66-per-litre petrol discount set to end October 31
-
Latest5 days agoINEC recognises Pantami for Gombe, keeps Kano NDC candidate off final list
-
Latest6 days agoNetanyahu, Eisenkot face coalition deadlock as Israel struggles to form new government


