Heirs Energies Fuels Power Generation in Nigeria Key Points: Heirs Energies, a major Nigerian energy company, is supplying natural gas to the new 188-megawatt Geometric Power Plant in Aba. This adds to their existing portfolio, providing gas to TransAfam (966MW) and First Independent Power (541MW) plants, significantly impacting national power generation. Heirs Energies is committed…
Tinubu Enacts Executive Order for Overhaul of Oil and Gas Sector President Bola Tinubu has taken decisive action to reform primary legislation, introducing fiscal incentives to stimulate oil and gas projects, streamline contracting processes, and bolster local content efficiency. This move aims to catalyze investment, reduce costs, and enhance Nigeria’s position as a premier destination…
NCDMB Facilitates Collaborative Workshop on Research and Innovation in Oil Industry The Nigerian Content Development and Monitoring Board (NCDMB) recently orchestrated a comprehensive three-day Research and Development (R&D) Zonal Workshop at the prestigious Niger Delta University (NDU) in Amassoma. This gathering served as a platform for prominent stakeholders within the oil and gas sector and…
Guyana Energy Conference: Oando’s GCE Offers Strategic Roadmap for Oil and Gas Triumph At the 3rd Guyana Energy Conference and Supply Chain Expo, Mr. Adewale Tinubu, Group Chief Executive of Oando PLC, delivered an enlightening keynote address titled “The Winning Oil & Gas Industry Strategy.” He shared profound insights into navigating the intricacies of the…
GPPSL CEO Unveils Key Metrics – Building a Sustainable Energy Future for Africa: At the recently concluded Nigeria International Energy Summit (NIES) 2024, Engr. Obi Uzu, Managing Director and CEO of Global Process & Pipeline Services Limited (GPPSL), took center stage during a session titled “Sustainability and the Future of Content Development in Africa’s Energy…
All On and Nigeria Office for Philanthropy and Impact Investing Celebrate Women in Renewable Energy on International Women’s Day In honor of International Women’s Day 2024, All On, a prominent impact investing firm dedicated to advancing Nigeria’s renewable energy sector, along with The Nigeria Office for Philanthropy and Impact Investing (NPO), recently established under the…
Powering Nigeria’s Sustainable Future: GE Vernova Pledges Deepened Collaboration Lagos, Nigeria – With a growing population, rapid industrialization, and a surging demand for electricity, Nigeria stands at a crossroads in its energy journey. GE Vernova, a global leader in energy technology with a well-established presence in Nigeria for over a century, has stepped forward as…
Dangote Refinery Plans to Launch Trading Division Aliko Dangote, Africa’s wealthiest individual, is gearing up to establish an oil trading arm, potentially headquartered in London, to oversee crude and product supply operations for his new refinery in Nigeria, according to six sources familiar with the matter. This strategic move aims to diminish the reliance on…
NIMASA Partners with Sternula for Enhanced VHF Data Exchange System In a significant development, the Nigerian Maritime Administration and Safety Agency (NIMASA) has formalized a collaboration with Sternula Denmark to implement a comprehensive Very High Frequency (VHF) Data Exchange System (VDES). This memorandum of understanding (MoU) signals a crucial step towards bolstering communication capabilities between…
NCDMB Host Oil Industry Players, Academia, on Research and Innovation Imperatives Oil and gas industry stakeholders and leading academics on Tuesday began a three-day Research and Development (R&D) Zonal Workshop at the Niger Delta University (NDU), Amassoma, with special focus on needs-driven research and deepening of collaboration and linkages, sponsored by the Nigerian Content Development…