FluidOil and National Oil Corporation (NOC) are pleased to announce that a Memorandum of Understanding (“MOU”) has been signed between FluidOil and National Oil Corporation of Libya to evaluate the development of the Haram heavy oil field. This evaluation will focus on using the latest heavy oil production techniques in conjunction with FluidOil’s VHTL on-site…
From today, BBOXX customers in Togo will receive a subsidy to spend on solar energy – in what is the first government subsidy for the purpose of solar energy payments in Africa. Dubbed the “CIZO Cheque”, households with BBOXX solar home systems will be granted a monthly subsidy of 2,000 FCFA (c.4$) over a three-year…
An expert with international online energy news platform Upstream; has said that while the legitimacy of Nigeria’s poll result may be called into question, the second term for President Muhammadu Buhari is good news for the reform of Nigeria’s oil sector. The incumbent head of state Muhammadu Buhari battled for a second term against a former…
Saudi Arabia has concluded plans to invest $100 billion in India, Nigeria’s major oil importer, thus threatening future importation from the country. The moves by Saudi Arabia, the 14th largest country in the world, covering around two million square kilometres, making it the second largest OPEC member country with a population of over 32 million,…
Even as major development finance institutions were committing to funding the development of Nigeria’s special economic zones in Abuja, work had commenced on Enyimba Economic City in Abia State. “We agreed to be part of the project because it has been long overdue. We have no doubt that it will succeed,” said Mr Kayode Pitan,…
Gas Company (Tanzania) Limited (GASCO) has invited sealed tenders from eligible Suppliers of supply and installation of backup sever and integration with existing SCADA system for Madimba GPP and Gas Pipeline. Tendering will be conducted through the National Competitive Bidding procedures specified in the Public Procurement Regulations, 2013 – Government Notice No. 446 as amended…
Wemimo Oyelana has been promoted to the position of Vice President for Africa at CWC, the UK based oil and gas exhibition organiser. Until the promotion, she had been Vice President Production for Sub-Saharan Africa, a job she took after two years as the company’s Project Manager for Nigeria. Ms. Oyelana has kept Nigeria as…
Political and community leaders in Turkana County, which holds Kenya’s commercially proven oil reserves, have reacted to the gazette notice of land acquisition by the country’s National Land Commission. The leaders, including such parliamentary leaders as, Senator Malachy Ekal, MPs James Lomenen and Daniel Epuyo and the governor of the country, Josphat Nanok have questioned…
Irish founded, London Listed Tullow Oil, which styles itself as The Largest African Independent, has tweaked the membership of its board of directors, appointing two distinguished Black Women. Sheila Khama, a policy adviser on the mineral, oil and gas industries at the World Bank and Genevieve Sangudi, Managing Director for The Carlyle Group based in…
Nigerian minnow Eroton, is currently finalising the first well it would drill as an operator and has moved the rig to the second well in the campaign. The operator of the Oil Mining Lease (OML) 18 licence, in Nigeria’s eastern onshore Nigeria, has completed Akaso 15 and has progressed significantly in connecting the well to…