Mr Emeka Okwuosa, the Chief Execultive Officer, Oilserve Nig. Ltd., would on Nov. 29 deliver a lecture on impact of infrastructure development in Nigeria. This was contained in a statement issues by Dr Ngozi Anyaegbu, the company’s media consultant, which was made available to newsmen in Lagos. According to the statement, Okwuosa who is the…
US vs OPEC With Saudi as the umpire Mohammed bin Salman Late in September, when oil price hit a 4-year high, President Donald Trump called on OPEC to do something about it, he was rebuffed. Trump isn’t a stranger to the politics around trade wars; China and Europe, among others can testify to that. America’s…
That Nigeria has one of the highest number of children without access to education with about 13.2 million out-of-school children is no longer news. The statistics are staggering and hard to deny given the number of children hawking or begging on the streets everyday. Last month, an official of the United Nations Children Fund (UNICEF)…
Literacy in Nigeria at 59.6% (CIA World Fact book) is one of the lowest in West Africa and sub-Saharan Africa, with huge variations between states, regions and gender. According to the United Nations International Children’s Emergency Fund (UNICEF) Nigeria has the highest number of children without access to education with about 10.5 million children affected….
The Shell Petroleum Development Company of Nigeria Limited (SPDC) says out of the over N41billion disbursed for community projects in Niger Delta, about N15billion went to Rivers State under the Global Memorandum of Understanding. “Between 2006 and end of 2017, a total of N14.86 billion has been invested by the SPDC Joint Venture in the…
Shell Nigeria Gas has re-trained 30 firefighters in Abia State and donated firefighting equipment to the state fire service. This intervention was triggered by two recent fire disasters in the state which resulted in deaths and loss of property worth millions of naira. Over 150 shops in the timber and furniture section of the Nkwo…
Valery Guillebon, CEO of Sahara Energy International PTE Ltd. has urged investors to take advantage of emerging opportunities in South Sudan’s upstream, downstream and power sectors in the wake of positive market forecasts and assurances of enabling business environment from the oil-rich nation. Speaking at the Africa Oil & Power Conference in Juba, Guillebon said,…
The Chairman and General Director of the Algerian state company Sonatrach, Abdelmoumen Ould Kaddour, and the Chief Executive Officer (CEO) of Eni, Claudio Descalzi, inaugurated a 10 MW solar plant today in Bir Rebaa North (BRN) in Algeria. The plant, co-operated by Eni and Sonatrach through the GSA (Groupement Sonatrach-Agip), will provide green energy to…
Shell’s geoscientists have put a figure on the company’s recent gas and condensate discoveries, made in the course of a drilling campaign onshore Eastern Nigeria. The company encountered 1.5Trillion cubic feet of gas and 42 Million barrels of condensate, in shallow and deep reservoirs. The revelation came in the course of several technical sessions at…
Lekoil, the oil and gas exploration, development and production company with a focus on Africa, has announced that the Company has written to the Federal Ministry of Petroleum Resources for a relief from enforcement of expiration of the exploration licence for lease OPL 310 in which it holds an unconditional 17.14 per cent interest and…