THE Nigerian Liquefied Natural Gas, NLNG is set to sign the Engineering, Procurement and Construction, EPC contract for its $10 billion Train 7 project with Saipem, Chiyoda and Daewoo E&C (SCD) on or before the end of April 2020. showed that the signing of the contract would enable the contractors to mobilise to site for…
Electricity consumers on the Lalupon/Iwo Road feeder in Ibadan, on Monday, decried what they called poor services by the Ibadan Electricity Distribution Company (IBEDC). Addressing newsmen at the end of a meeting with representatives of IBEDC at Olodo in Ibadan, the consumers called on the company to, as a matter of urgency, find lasting solution…
The Federal Government has appealed to members of the National Union of Electricity Employees (NUEE) to suspend their planned nationwide strike. Sen. Chris Ngige, Minister of Labour and Employment made the appeal after a five-hour closed door reconciliation meeting between its Ministry, Ministry of Power and the leadership of NUEE on Monday in Abuja. It…
Hussain El-Yakub & Thomas Hardy, after the deal was signed The Nigerian National Petroleum Corporation, NNPC and USTDA earlier today, Tuesday February 11, signed a $1.16m grant as part funding for the NNPC-Abuja Independent Power Project, IPP, TBI Africa reports. The IPP is modelled to generate 1,350 megawatts of electricity to alleviate the power challenge…
L-R: Managing Director, Shell Nigeria Exploration and Production Company, Bayo Ojulari; Chairman Senate Committee on Petroleum Resources Upstream, Albert Akpan; Managing Director, Shell Petroleum Development Company and Country Chair, Shell Companies in Nigeria, Osagie Okunbor; and Managing Director, Shell Nigeria Gas, Ed Ubong, at the presentation of the Excellence in Corporate Social…
Electricity Generation Companies (GenCos) comprising gas-fired and hydro stations have attributed their inability to generate 3,067.5 megawatts of electricity on Monday to unavailability of gas. This information was disclosed in a daily energy report by the Advisory Power Team, Office of the Vice President in Abuja on Tuesday. The report also noted that 135.4 megawatts…
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Malam Mele Kyari, said that by June, the oil industry would have a clear fiscal landscape for operators to be able to plan. Kyari made this known at a breakout session for Chief Executive officers in the industry at the on going Nigeria International…
As part of efforts to guarantee energy security for the country in keeping with its mandate, the Nigerian National Petroleum Corporation (NNPC) has secured a grant from the United States Trade and Development Agency (USTDA) to facilitate the establishment of a 1,350Megawatts (MW) Independent Power Plant in Abuja. Speaking at the signing ceremony of the grant…
The Nigerian National Petroleum Corporation (NNPC) and the United States Trade and Development Agency (USTDA) have signed a $1.16 million grant for the NNPC Abuja Independent Power Project. The signing of the agreement took place Tuesday morning at the ongoing Nigeria International Petroleum Summit (NIPS) in Abuja. The plant is designed to generate 1,350 megawatts…
A 17-storey building, having 1,000-seater Ultra-Modern Conference Hall, with 4 level state- of- the- art car park and 10 Megawatts Gas- Fire Power Plant, belonging to the Nigerian Content Development and Monitoring Board, NCDMB, will be officially commissioned on Friday, February 14 in Yenagoa, Bayelsa State. According to a statement by the Hon. Minister of…