Rhinos Face Extinction Threat as Climate Change Intensifies In a significant discovery, the surviving rhino populations in southern Africa are perilously threatened by escalating temperatures linked to climate change, posing a significant risk to these endangered species concentrated in national parks. The findings, unveiled in the journal Biodiversity, represent the inaugural analysis of climate change’s…
WEST AFRICA’S LEADING WELL INTERVENTION CONFERENCE Join us in Lagos this May as the annual OWI West Africa conference brings together operators and service providers to share updates on projects, innovative technologies, and strategies to optimise the production and integrity of assets across the region. Hear from speakers at TotalEnergies, Shell, Chevron, Sonangol, ENI, GNPC, Tullow Oil, and Sterling Oil, as the…
Dorman Long Lauds NCDMB Contributions, Announces 75th Anniversary Celebrations The Nigerian Content Development and Monitoring Board (NCDMB) has been applauded for its steadfast commitment to the growth of local content, particularly for the support it lends to the fabrication subsector of the Nigerian oil and gas industry. The leadership of Dorman Long Engineering Limited gave…
Shell reaches Agreement to Sell Nigerian Onshore Subsidiary, SPDC Shell Plc, has reached an agreement to sell its Nigerian onshore subsidiary, The Shell Petroleum Development Company of Nigeria Limited (SPDC), to Renaissance. Renaissance is a consortium of five companies comprising four exploration and production companies based in Nigeria and an international energy group. Shell disclosed…
Reviving Africa’s untapped exploration pipelines a key feature at Mining Indaba 2024 The low-carbon economy of the future depends on mining and in turn, the future of mining largely depends on the exploration for and discovery of new mineral deposits. The African continent remains a treasure chest of green metals and minerals and has significant…
Galp Unveils Significant Light Oil Discovery Offshore Namibia Portuguese oil and gas company, Galp, has declared a significant breakthrough with the discovery of light oil at the Mopane-1X well offshore Namibia. This development marks the sixth oil and gas discovery in Namibia since 2022, enhancing the country’s status as a frontier market in the energy…
Seven Prominent Marketers Approved to Sell Dangote Fuel Seven notable oil marketers in Nigeria have registered with the Dangote Petroleum Refinery to handle the lifting and distribution of refined petroleum products from the $20 billion facility. Dealers, operating under the Major Oil Marketers Association of Nigeria (MOMAN), stated on Sunday that upon completion of the…
Otedola’s Geregu Power Plc Crosses N1 Trillion Market Capitalization For the first time, Geregu Power Plc has crossed the N1 trillion market capitalization level, joining the SWOOT group. At the close of trading on January 15, 2024, the only power company listed on the NGX appreciated 7.52% to close at a share price of N429,…
NNPC seeks O&M Company to Operate, Maintain Port Harcourt Refinery The Nigerian National Petroleum Company (NNPC) Limited is seeking to engage an Operations & Maintenance (O&M) company to operate and maintain the Port Harcourt Refining Company (PHRC). This, the national oil firm said, is to ensure reliability and sustainability towards meeting the nation’s fuel supply…
SAIPEC 2024
