FG Approves $61.5m, N16.13bn to TCN for Projects – Minister of Power The Federal Government, through the Federal Executive Council, FEC, has approved $61.5 million and N16.133 billion for the award of contracts for substation construction works and for procurement of transmission line materials. Speaking with newsmen at the end of the FEC meeting at…
Petrobras’ Change in Strategy Provokes Strong Reactions After having reported its earnings last Wednesday, newly installed Petrobras CEO Jean Paul Prates already prepared shareholders for a change of strategy by saying that the company must be ready for an ‘unavoidable’ energy transition. And now it seems that under the helm of Prates, the company is…
NCDMB launch of $50m NOGAPS Fund for Manufacturing
Rumuekpe Pipeline Fire Explosion, a Lesson to Perpetrators – NSCDC The Nigeria Security and Civil Defence Corps has said that the pipeline fire explosion which occurred in Rumuekpe, Emuoha Local Government Area of Rivers State killing at least 12 persons at the weekend, should be a big lesson to perpetrators and intending perpetrators of illegal…
Schneider Electric Releases New White Paper, TradeOff Tool Focused on How DCIM Addresses Hybrid IT Management Challenges Schneider Electric, the leader in digital transformation of energy management and automation, has released White Paper “How Modern DCIM Addresses CIO Management Challenges within Distributed, Hybrid IT Environments” and a supporting TradeOff Tool, both available for immediate use….
Shippers’ Council Surpasses 35% Affirmative Action of UN on Gender Equality – NSC The Nigerian Shippers’ Council (NSC), says it has surpassed the 35 per cent affirmative action of the United Nations standard for women. The Executive Secretary of the Council, Mr Emmanuel Jime, made this known at the 2023 edition of the International Women’s…
NNPC Replaces EROTON with another Operator to Manage OML 18 The Nigerian National Petroleum Company Ltd and its partners have appointed NNPC Eighteen Operating Limited as operator of OML 18 to replace EROTON Exploration and Production Limited. The move according to the company is to curtail further degradation of the asset and revamp production of…
NNPC Releases 439 Million Litres of Petrol to Bridge Distribution Gap The Nigerian National Petroleum Company (NNPC) Ltd says it has supplied Premium Motor Spirit commonly known as (petrol) into the market across the 36 states and the Federal Capital rose by an additional 439.54 million litres in a week as the government seeks to…
Tanzania Completes Negotiations with Shell, Equinor on $30 bln LNG Project Tanzania’s energy ministry has disclosed that negotiations for the construction of a $30 billion liquefied natural gas (LNG) terminal between Tanzania, Britain’s Shell, and Norway’s Equinor are complete and contract preparations are underway. The development of Tanzania’s vast offshore gas resources has been held…
TotalEnergies Launches Integrated FEED Papau LNG Project in New Guinea TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE), operator of the project, has announced the launch of the fully integrated Front-End Engineering and Design (FEED) for the Papua LNG project. Following pre-FEED studies, in order to maximise synergies and minimize the costs, Papua LNG partners have selected a concept…