Daniel Terungwa Uganda has started to line up pipe suppliers and land acquisition processes in Tanzania ahead of the kick-off of the construction of the East African Crude Oil Pipeline (EACOP). The EACOP General Manager Martin Tiffen revealed the progress during the Uganda International Oil and Gas Summit (UIOGS) held virtually. Mr Tiffen said the…
The Director-General of Nigerian Maritime Administration and Safety Agency, NIMASA, Basir Jamoh has described maritime as the blood of the nation and global economy without which there would not be global trade as it is known today. Jamoh who gave his goodwill message at the 2021 World Maritime Day celebration organized by the Federal Ministry…
The United States Deputy Special Presidential Envoy for Climate, Jonathan Pershing, has said that International Oil Companies (IOCs), which insist on increasing production of fossil fuels in Africa, risk penalty from the United States. Pershing who stated this in South Africa while speaking at a virtual media briefing, urged western investors to consider whether fossil…
Daniel Terungwa President Muhammadu Buhari has assured that the plan to secure the country’s waters and the Gulf of Guinea through the Integrated National Security and Waterways Protection Infrastructure, also known as the Deep Blue Project, is yielding good fruits and Nigerians and stakeholders in the entire region would soon feel the impact. This is…
Any nation or sector of the economy that seeks to implement Local Content policies successfully must deploy certain programmes such as Capacity Building initiatives, Funding and Incentives and Research and Development, Gap Analysis, Regulatory Framework and Access to market. The Executive Secretary of Nigerian Content Development and Monitoring Board (NCDMB) Engr. Simbi Kesiye Wabote identified…
By Ikenna Omeje Nigerian independent energy company listed on both the Nigerian and London stock exchanges, Seplat Energy Plc, has commissioned the project for power supply to Oben Cottage Hospital from its Oben gas facility at Oben Orhionmwon Local Government Area of Edo State, as part of the Company’s continuous community development programmes. This is…
Schneider Electric, the leader in digital transformation, energy management and automation, has announced the launch of its Galaxy™ VL 200-500 kW (400V/480V) 3-phase uninterruptible power supply (UPS) for industrial applications. Available worldwide, the newest addition to the Galaxy family offers a highly efficient and ruggedized, compact UPS, with up to 99-percent efficiency in patented ECOnversion™…
By Ikenna Omeje The senate recently approved the 2022-2024 Medium-Term Expenditure Framework (MTEF) in which the Federal Government expects the country to produce 1.88 million barrels per day of crude oil in 2022, assuming a benchmark price of $57 per barrel. The Federal Government also predicted Gross Domestic Product (GDP) growth of 4.2 percent and…
Despite women making up 22 percent of the oil and gas workforce globally, as well as 27 percent of entry-level and 17 percent of senior-level positions, they account for just 1 percent of the Chief Executive Officers’ positions in the industry, the Managing Director/CEO of AFTRAC Limited and Co-Founder, Women in Energy Network (WIEN), Patricia…
By Engr Justice Derefaka The Fourth Industrial Revolution (4IR) has generated a lot of buzz because of its disruptive digital technologies that promise to revolutionize our lives, calibrate our decision-making with algorithmic precision, and gratify our every want in real time. But what are the dangers, and how will we police this new cyberspace?These questions…
