Energy

 By GLADYS JOHNSON The Shell Petroleum Development Company of Nigeria Limited (SPDC) has announced the Final Investment Decision (FID) on the Assa North Gas Development Project in Imo State, a major momentum to the domestic gas aspiration of the Federal Government for increased power generation and industrialization. At peak production, …

In 13 years of deep-water exploration, the Bonga vessel of the Shell Nigeria Exploration and Production Company (SNEPCo) has produced over 800 million barrels of crude oil, confirming the company as a pacesetter in offshore oil and gas production in the Gulf of Guinea. In its review of the performance …

By GLADYS JOHNSON   GE Renewable Energy and GE Energy Financial Services (“GE EFS”) have partnered to provide technology and facilitate debt financing for its flagship onshore wind project in Sub-Sahara Africa. Kipeto Energy Plc (“Kipeto”) 100-megawatt (MW) wind power project is located south of Nairobi, in Kajiado, Kenya. GE Renewable …

Angola’s licensing round will include a new focus on the development of marginal fields. The Angola Oil & Gas conference will be 2019’s main promotional event for the licensing round and marginal fields. Licensing round and marginal field legislation indicate new strategic direction and opening of Angola’s oil and gas business. Angola …

   GLADYS JOHNSON Senator Bassey Albert, Chairman of the Senate Committee on Gas, recently clarified that the ongoing investigation of the application of $1.05billion Nigeria Liquefied Natural Gas (NLNG) dividend to support the importation of petroleum products into the country has nothing to do with any missing funds since no …

The Nigerian National Petroleum Corporation (NNPC) has assured petroleum products consumers across the country not to engage in panic buying as it holds 2.6billion litres of Premium Motor Spirit otherwise called petrol and 90,000 metric tonnes of Dual Purpose Kerosene (Kerosene), saying the holding is expected to last 52 days, assuming …

  In line with its commitment to skills development and the empowerment of entrepreneurs in Nigeria, GE the world’s premier digital industrial company, recently launched an e-learning portal for its Lagos Garage advanced manufacturing training program with the objective of extending the training program’s reach to thousands of Nigerians across …

The Shell Petroleum Development Company of Nigeria (SPDC) and its joint partners have signed a gas supply and aggregation agreement that will support the 140 Megawatts Aba Integrated Power Project in Abia State. The agreement, signed on Friday in Abuja, was between SPDC, Geometric Power Aba Limited (GPAL); and Gas …

As part of the ongoing efforts to reposition the Nigerian National Petroleum Corporation (NNPC), the corporation’s Group Managing Director, Dr. Maikanti Baru, has signed performance agreements with his management team to ensure that all the Autonomous Business Units (ABUs) and Strategic Business Units (SBUs) of the state-owned company deliver on …

The Nigerian National Petroleum Corporation (NNPC) has offered to provide details of the Nigerian Liquefied Natural Gas (NLNG) Dividends Account from 1999 till date to give the Senate and the general public a comprehensive insight into the operations of the account. Group Managing Director of NNPC, Dr. Maikanti Baru, stated …