Author: majorwavesen

NEWS

African Union Commission calls for further financial input for the New Partnership for Africa’s Development Infrastructure Project Preparation Facility (NEPAD-IPPF) Special Fund
Bymajorwavesen July 10, 2019

The African Development Bank approved in June 2019 the allocation of UA 3 million from its 2018 Net Income to NEPAD-IPPF ADDIS ABABA, Ethiopia, July 5, 2019/ — The 29th Oversight Committee (OC) meeting of the New Partnership for Africa’s Development Infrastructure Project Preparation Facility (NEPAD-IPPF) Special Fund held at the headquarters of the African…

Read More African Union Commission calls for further financial input for the New Partnership for Africa’s Development Infrastructure Project Preparation Facility (NEPAD-IPPF) Special Fund
NEWS

Siemens partners with Plan International to deliver humanitarian aid initiatives in Sudan
Bymajorwavesen July 10, 2019

The partnership will start by addressing educational and infrastructure needs of communities in the White Nile state JOHANNESBURG, South Africa, July 8, 2019/ — Siemens (www.Siemens.com) and Plan International Germany have signed a Memorandum of Understanding (MOU) to collaborate on future humanitarian projects to assist marginalized populations across Africa, with initial emphasis on Sudan, specifically displaced…

Read More Siemens partners with Plan International to deliver humanitarian aid initiatives in Sudan
NEWS

Sahara Power Group backs AfCFTA to transform Africa’s power sector
Bymajorwavesen July 10, 2019

Sahara Power Group’s Managing Director Kola Adesina has said the African Continental Free Trade Agreement (AfCFTA) has the potential to transform the continent’s power sector through alignment of policies, tariffs, cross border manpower collaboration and fresh injection of capital. AfCFTA received a significant boost recently after Nigeria’s President Muhammad Buhari signed the continent’s largest economy…

Read More Sahara Power Group backs AfCFTA to transform Africa’s power sector
OIL AND GAS

Oando CEO urges stakeholders to invest in Nigeria’s oil & gas sector
Bymajorwavesen July 10, 2019

Oando Plc Group Chief Executive Wale Tinubu has urged indigenous oil and gas companies to invest in the business now that the prices of oil are low. He advised the Federal Government to embrace Public-Private Partnership (PPP) in local refining. According to him, “there is a lot indigenous capacity that can provide solution to refineries….

Read More Oando CEO urges stakeholders to invest in Nigeria’s oil & gas sector
NEWS | OIL AND GAS

Oil sanctions: OPEC seeks quick resolution of U.S., Iran, Venezuela conflicts
Bymajorwavesen July 10, 2019

The Organisation of the Petroleum Exporting Countries (OPEC) has stressed the need for a quick resolution of the conflicts between the U.S., Venezuela and Iran. Following geopolitical conflicts, the U.S. has placed sanctions on Iran and Venezuela, who are both founding members of OPEC. Secretary General of OPEC, Mr Mohammad Barkindo, told newsmen in Vienna…

Read More Oil sanctions: OPEC seeks quick resolution of U.S., Iran, Venezuela conflicts
POWER

Zimbabwe firm says needs $14m monthly for power imports
Bymajorwavesen July 10, 2019

Zimbabwe’s state-owned power utility, ZESA Holdings needs $14 million monthly for electricity imports from the regional power market, its acting Chief Executive Patrick Chivaura said on Monday. “If we clear our debts to (South African power firm), Eskom, and (Mozambique’s hydropower company),HCB, it would wipe out our (power cut) problems today, I repeat, today,” Chivaura…

Read More Zimbabwe firm says needs $14m monthly for power imports
NEWS | OIL AND GAS

PENGASSAN sets agenda for new NNPC GMD
Bymajorwavesen July 10, 2019

Oil and gas workers on Monday identified obsolete refineries and pricing uncertainties as some of the areas that Mr MeleKyari, new Group Managing Director (GMD), Nigerian National Petroleum Corporation (NNPC), must tackle. The workers under the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) said in a statement in Lagos that Kyari must…

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NEWS | OIL AND GAS | Sustainable Development Goals

Total exploration advises youths to read for mental stimulation, self development
Bymajorwavesen July 10, 2019

Total Exploration and Production, Nigeria Limited, Lagos, has urged Nigerian youths to read for mental stimulation and self-development. Its Executive Director and Financial Officer, Mrs Tai Oshisanya, said this at the 5th Total Book Reading Open Day Event with the theme: “Read to Lead’’. The event was held at Eko Tower Canteen on Victoria Island…

Read More Total exploration advises youths to read for mental stimulation, self development
POWER

Power outage in Bayelsa traced to transmission fault on 132 KV Owerri-Yenagoa line–PHEDC
Bymajorwavesen July 10, 2019

The Port Harcourt Electricity Distribution Company (PHED) says the current blackout in Bayelsa is caused by transmission constraints outside its control. The power outage being experienced across Bayelsa was worsened by a total system collapse that threw the entire state in darkness since Thursday. Reacting to the development, Mr John Onyi, Manager, Corporate Communications, PHED who…

Read More Power outage in Bayelsa traced to transmission fault on 132 KV Owerri-Yenagoa line–PHEDC
OIL AND GAS

GPPSL acquires new equipment, targets upcoming huge pipeline projects
Bymajorwavesen July 10, 2019

Global Process and Pipeline Services Limited (GPPSL), the only Nigerian company focused solely on process and pipeline services, has acquired three massive flooding pumps with the capacity of 3,150 USG per minute and close to 600 PSI each, together with three massive lifting pump (6,000 USG/Min.) each and other connections that go with the…

Read More GPPSL acquires new equipment, targets upcoming huge pipeline projects