Tag: Industry News
Oil to hit $80 within six months — Goldman Sachs
THE oil market has rebalanced as Brent will reach $82.50 a barrel within six months, Goldman Sachs, a leading global investment banking, securities and...
Power sector: Ghana draws inspiration from the Ivorian model
ACCRA, Ghana, February 13, 2018/ -- Managing staff of the Electricity Company of Ghana (ECG) made a 48-hour working visit to Côte d'Ivoire. Their...
AIIM and Helios invest in Nigerian solar-diesel-battery provider
African Infrastructure Investment Managers (AIIM) has invested in Starsight Power Utility, a Nigeria-based energy services company providing solar-diesel-battery hybrid and efficient cooling and lighting...
NDPHC begins construction of N5.53bn power transmission station
The Niger Delta Power Holding Company, a firm owned by the three tiers of government, commenced the construction of a N5.53bn power transmission and...
Dangote Refinery returnee graduate engineers promise an end to fuel scarcity...
The engineers described their experience as second to none in the history of Nigeria oil and gas sector
LAGOS, Nigeria, February 11, 2018/ -- Returnee...
African Utility Week to focus strongly on meeting the continent’s water...
Investment in water solutions is needed by the public and private sector to enable universal access, water security and resilient societies. African Utility Week...
Nigeria’s power generation to increase by 20% in 2035 – Austin...
With the generation of power crucial to the nation’s economy, the share of it is set to rise by 20 per cent in 2035.
This...
President Buhari signs executive order to improve local contents in Science,...
President Muhammadu Buhari on Monday in Abuja signed Executive Order 5 to improve local content in public procurement with science, engineering and technology components.
This...
NPA exceeds N286b revenue target for 2017, generates N299b
For the financial year ended December 31, 2017, the Nigerian Ports Authority (NPA) generated N299billion.
The Authority had at the beginning of 2017 set...
SNEPCo, Cameron graduate nine OJT trainees
In fulfilment of their commitments to the development of Nigerian Content in the Oil and Gas Industry, Shell Nigeria Exploration and Production Company (SNEPCo)...
Collaboration, key to Nigerian Maritime sector’s success- DG, NIMASA
By Ndubuisi Micheal Obineme
Collaboration between stakeholders has been described by the Director General, Nigerian Maritime Administration and Safety Agency, (NIMASA), Dakuku Peterside as a...
NNPC Reviews PPP Arrangements for Construction of Oil, Gas Pipelines
The Group Managing Director of the Nigerian National Petroleum Corporation (NNC), Dr. Maikanti Baru, has urged the new Board of one of its downstream...
Nigeria losing $15bn annually to NIMASA’ inaction- Indigenous Ship Chandlers
The Nigerian Maritime Administration and Safety Agency (NIMASA) has been accused of causing the loss of $15 billion due to its inactions on the...
Total Announces the Arrival of Egina FPSO to Nigeria
The Nigerian National Petroleum Corporation, NNPC, Total Upstream Nigeria Limited, TUPNI and her partners happily announce the arrival of the Egina Floating, Production, Storage...
Industry leaders and players to lead discussions at WAIPEC 2018 in...
Chevron, NNPC, Seplat, ExxonMobil and TOTAL amongst leading organisations to feature on the Agenda
The Petroleum Technology Association of Nigeria (PETAN) has confirmed the full...
Subsidy: NNPC says FG owing it N170.6 billion in outstanding payments
The Nigerian National Petroleum Corporation (NNPC) on Monday injected a fresh twist to the fuel subsidy controversy with a claim that the Federation Account...
TCN says Power grid collapsed six times in eight days in...
The national electricity grid collapsed six times within a period of eight days this month, latest data from the Transmission Company of Nigeria has...
NNPC Mulls PPP Arrangements for Corporation’s Oil, Gas Pipelines
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has urged the new Board of one of its downstream...
AFDB to reach 29.3 million Africans with electricity by 2020
In line with its High 5 development priorities and, in particular, its agenda to Light up and power Africa, the African Development Bank plans...
New projects must surpass Egina FPSO integration – NCDMB
New deep water projects in Nigeria must set new records beyond in-country integration of the Floating, Production, Storage and Offloading (FPSO) vessels, the Executive...