Nigeria’s Petroleum Explorationists have decided to formalise the search for oil and gas accumulations outside the Niger Delta. They have come together to organise a workshop, to collate the most current thinking on geological basins outside the Delta basin. The Niger Delta basin hosts all of the oil accumulations being produced in Nigeria, with the…
Anadarko, the large American independent, will take the Final Investment Decision (FID) on its proposed, two train, 12Million Metric Tonnes Per Annum liquefied natural gas (LNG) project, in Mozambique, next month, which is March 2019. It is official. Omar Mitha, Chief Executive Officer of the Mozambican state hydrocarbon company ENH, gave the specific date…
Mr Abayomi Awobokun, the Chief Executive Officer, ENYO Retail and Supply Ltd., said the company has invested over eight billion naira into downstream retail business with the aim of expanding market share in the downstream sub-sector. Awobokun said in a news briefing in Lagos on Wednesday that the company was formed by group of Nigerian…
In Angola, the last two turbines of the Laúca hydroelectric plant will be fully operational by June 2019. This announcement was made by Yamba Ambrósio, the chief engineer of the Odebrecht company in charge of the construction of the plant. According to the manager, the project has already reached a physical execution of 90%. The…
Ghana’s Renewable Energy Master Plan has been officially presented to the Ministry of Energy by the Energy Commission. The Master Plan constitutes an investment-focused framework for the development and promotion of the country’s rich renewable energy resources to propel economic growth, improve social life and reduce climate change effects. The plan, when implemented, is expected to help…
An over P4 million project to erect solar street light commenced in Kanye on February 18. Funded through the constituency programme, the project is expected to be completed by April 24. Speaking at the commissioning of the project, Kanye Administrative Authority chairperson Mr Tlhomamo Dibeela said the street lights would not only illuminate the village…
The Kenyan government has published a gazette giving notice to land owners along the right of way of the planned crude oil export pipeline to the coast of Lamu. The action is the latest in the series of actions leading up to final sanction of a 140,000Barrels of Oil Per Day oilfield development project, expected…
Caption for attached picture: L-R: Sunilkumar Cheringal, General Manger; Duru Gerald, Admin Manager; John To, Director; Mudiaga Isaac Obajuwana, Sales/ Marketing Manager (NIGERCHIN); Mojola Ola, Head Building Partner Projects; Viviane Mike-Eze, Marketing Communications Manager; & Promise Abiahu, Electricians Programme Coordinator (Schneider Electric Anglophone West Africa). Schneider Electric, global leader in energy management and automation, recently…
South Africa’s rand weakened past 14 per dollar on Thursday as state-owned power utility Eskom imposed a fifth day of electricity blackouts that have discouraged investors over the economy, days before the annual budget. At 1510 GMT, the rand was 1.07 percent weaker at 14.2200 per dollar, as it breached 14.00 for the first time…
The price of OPEC basket of fourteen crudes stood at $62.94 a barrel on Wednesday, compared with $61.88 the previous day, according to OPEC Secretariat calculations. The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Djeno (Congo), Oriente (Ecuador), Zafiro (Equatorial Guinea), Rabi Light (Gabon), Iran Heavy (Islamic…
