… Jonathan, Senate President, ministers attend virtual commissioning President Muhammadu Buhari Thursday commissioned the new headquarters building of the Nigerian Content Development and Monitoring Board (NCDMB) in Yenagoa, Bayelsa State, with a pledge to spend more on infrastructure across the country and focus on finishing projects delivered by local contractors and technology that create jobs for thousands of…
Leveraging Synergies Created by the Convergence of Operational and Engineering Technologies and Digitalisation, Can Deliver Significant Savings for Energy Companies
Pioneering technology expert tells ADIPEC Energy Dialogue up to 80 per cent of plant shutdowns could be mitigated through combination of advanced electrification, automation and digitalisation technologies Greater use of renewables in power management processes offers oil and gas companies opportunities to create efficiencies, sustainability and affordability when modernising equipment, or planning new CAPEX projects Abu…
Our scorecard on social investments – Shell
Shell Companies in Nigeria (SCiN) including Shell Petroleum Development Company Limited (SPDC), Shell Nigeria Exploration and Production Company (SNEPCo) and Shell Nigeria Gas (SNG) have contributed in various ways to the development of the economy. Besides contributions through payment of taxes and royalties, among others, they have also through their social investment projects, helped to…
Shell Trumps Spill Response and Prevention Record in the Niger Delta
By Ikenna Omeje Shell Petroleum Development Company (SPDC) has stated that it recorded a significant reduction of breaches from wellheads and cleaned up more spill sites than ever before. The energy company made this known in their 2020 Shell Nigeria Briefing, while pointing that in 2019, SPDC JV reduced operational spills to their lowest levels. It reported…
Power generation improves, as Nigeria records 5,377MW peak
By Ikenna Omeje Nigeria’s power improves, as the country has recorded an all-time 5,377 megawatts (MW) peak generation, the Transmission Company of Nigeria (TCN) has said. The Transmission Company of Nigeria (TCN) says the power sector has recorded an all-time 5,377 megawatts (MW) peak generation. In a statement, TCN said the new record, which was achieved…
Post-COVID-19: UBA announces $1.5bn financing package for NNPC, NPDC
By Ikenna Omeje The United Bank for Africa Plc (UBA) has announced a $1.5billion financing package for the Nigerian National Petroleum Corporation (NNPC) and its upstream subsidiary, the Nigerian Petroleum Development Company (NPDC), in its effort to support the rebuilding of the country’s petroleum as a result of the economic downturns occasioned by COVID-19 pandemic on…
NIMASA DG advocates safer road transportation
Daniel Terungwa The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) and President of the Chartered Institute of Transport Administration of Nigeria (CIoTA), Dr Bashir Jamoh, has reiterated the commitment of the institute to safety of all modes of transportation in the country especially those operated within the port environment. Jamoh…
COVID 19: Oilserv Donates Medical Supplies to Enugu State Government
Nigerian engineering, procurement and construction (EPC) giant, Oilserv on Friday August 7, donated medical supplies and Personal Protective Equipment (PPE) to Enugu State Government and people, in furtherance of the Group corporate social responsibility initiatives and support in the fight against Covid-19 pandemic in the state. This gesture is sequel to the Oilserv Group donations…
President Buhari to Commission NCDMB 17-Storey Headquarters in Yenagoa
President Muhammadu Buhari will on Thursday next week commission the newly completed 17-storey headquarters building of the Nigerian Content Development and Monitoring Board (NCDMB), located at Swali, Yenagoa, Bayelsa State. Mr. President will perform the commissioning virtually after undertaking a virtual tour of the Nigerian Content edifice, together with other accompanying facilities-the 1000-Seater Capacity Auditorium,…
PPI Set to Commence Phase 1 of Infrastructure Upgrades
By Mordi Chukwunonso The Presidential Power Initiative (PPI), also known as the Siemens Project, will invest in infrastructure in the form of improved payment systems, distribution substations, transformers, protection devices, smart meters and transmission lines among others, on behalf of the other shareholders in Electricity Distribution Companies (DisCos). President Muhammadu Buhari approved the release of…