Tag: Industry News
EU pledges €25 million for solar power projects in Nigeria
The European Union has pledged to support the expansion of Nigeria’s power transmission infrastructure with a grant of €25m (N7.6bn at the official exchange...
Addax plans $3 billion investment in Nigeria
Amidst plans to wind up some of its global operations, Addax Petroleum on Sunday said it is ready to recommit to its operations in...
NADDCS Set to Develop Electric Car Policy-Aliyu
Despite Nigeria’s inability to produce fuel-powered cars to meet the needs of its domestic market and the shortfall in the country’s electricity supply, the...
FG, World Bank Power Sector Recovery Talks
The Federal Government of Nigeria has concluded two days of high-level consultations with the World Bank Group on the Power Sector Recovery Programme (PSRP).
The...
Nigeria’s annual mini grid investment opportunities worth $9.2bn – REA
The Rural Electrification Agency (REA) on Tuesday disclosed that its study on Nigerian mini grid electricity development potential revealed annual investment opportunities of 9.2...
GE completes South Africa’s Medupi Power Station Unit 4
JOHANNESBURG, South Africa, — GE (www.GE.com) General Electric Steam Power Systems received a Final Acceptance Certificate from Eskom for the successful testing and transitioning...
ENGIE acquires Thermaire Investments and Ampair in South Africa
JOHANNESBURG, South Africa, — ENGIE (www.ENGIE.com) announces that an agreement was reached with two South African energy services companies, Thermaire Investments (Pty) Ltd (http://Thermaire.co.za)...
Sierra Leone Parliament Ratifies Bumbuna II Hydropower Project
This marks another important milestone in the development of the Bumbuna II hydropower project which, when completed, will provide much-needed all-year round power to...
Hungary Eyes Nigerian Crude Oil, LNG
At a time that international crude oil market is getting more competitive, the Hungarian Government has indicated interest to purchase crude oil and Liquefied...
PAN Africa Solar to create 1,000 jobs in Nigeria by 2018
By Obineme Ndubuisi Micheal
PAN Africa Solar will employ up to 1,000 people for solar jobs in Nigeria as the company is currently developing a...
Ghana’s Local Content Fund Still Empty
Aren’t we hungry yet?
By Gilbert Borketey Boyefio
 Information gathered by the Orient Energy Review indicates that contractors operating in Ghana’s oil and gas sector...
Orient Energy Review Awarded Best Local Content Magazine
By Gilbert Borketey Boyefio
Orient Energy Review magazine, Africa's most widely read energy publication on local content development across Africa, has been awarded by the...
Opportunity to Build Gas Power Plant Exists in Akwa Ibom —...
The Commissioner for Information, Akwa Ibom State, Mr. Charles Udoh, has disclosed that the state government is putting in place infrastructure to attract foreign investors...
Ikeja Electric Signs N570m MOU with Mojec for Transformers, Meters
In order for customers to get a more transparent and accurate bill, Ikeja Electric Plc has signed a N570 million Memorandum of Understanding (MoU)...
Ghana Gets €100M Grant from Germany for Its Renewable Energy Sector
Germany has signed with Ghana a memorandum of understanding providing the West African nation €100 million to develop its renewable energy sector. The provision of...
Siemens-Led Consortium to Power Cross River State
Nigeria’s Cross River state signed an agreement with a consortium led by Siemens to build a 750-MW power plant. The gas-based infrastructure will consist...
South Africa Gets New Energy Minister
Seven months after the latest ministerial reshuffle, South African President Jacob Zuma is once again changing the energy minister.
In a statement issued by the...
Bruce Burrows is Aiteo’s New CFO
Aiteo has announced the appointment of Bruce Burrows as Global Group Chief Financial Officer (CFO).
Bruce brings a wealth of experience from different parts of...
Against Skeptics’Expectation, a Balanced Oil Market Now In Sight, OPEC
By Oge Obi
The Organisation of Petroleum Exporting Countries (OPEC) Secretary General, HE Mohammad Sanusi Barkindo has said that against skeptics disbelief on its December...
Ghana’s Parliament Divided Over AMERI as Abrogation Of Contract Looms
By Gilbert Borketey Boyefio
The controversy surrounding the Build, Own, Operate and Transfer (BOOT) agreement between the Government of Ghana and Africa and Middle East...