Energy

Seplat Energy Plc, a foremost indigenous energy company, says Nigeria’s development will require significant improvements in access to energy. According to the Company, lower-cost, more reliable energy will drive job creation, prosperity, and social development and achievement of the United Nations’ Sustainable Development Goals (SDGs). The Chief Executive Officer, of …

Houston’s Energy Day Festival returned for its 12th year of education excitement and engagement on Saturday (Oct. 19) at Sam Houston Park in downtown Houston. Hosted by the award-winning Consumer Energy Education Foundation (CEEF) from 11 a.m. to 3 p.m., this year’s festival built on the momentum of previous years, bringing …

The Federal Government has praised Savannah Energy, the British independent energy company focused on the delivery of Projects that Matter, for its substantial investment in Nigeria’s energy sector to date, saying that it appreciates what the company is doing, and encourages Savannah to sustain it. The Honourable Minister of State, Petroleum …

 McDermott International, Ltd (McDermott) announced it has agreed to sell its CB&I storage business (CB&I) to a consortium of financial investors led by Mason Capital Management. Under the terms of the agreement, McDermott expects to receive $475 million of proceeds before taxes and transaction expenses. The transaction is expected to …

McDermott has been awarded an engineering, procurement, construction, and installation (EPCI) contract by QatarEnergy LNG for the North Field South (NFS) Offshore Pipelines and Cables Project. This new contract is in addition to the awards received by McDermott earlier for the NFS Pipelines FEED, the NFS Jackets EPCI, and the …

Capt. Emmanuel Iheanacho, Chairman of Integrated Oil and Gas Ltd., on Wednesday emphasized the indispensable role of depot owners in Nigeria’s fuel supply chain, particularly in the context of the recent delivery of Dangote Premium Motor Spirit (PMS). Iheanacho, clarified their reaction to a statement made by the billionaire and …

Oando PLC (“Oando” or the “Company” Nigeria’s leading energy solutions provider listed on both the Nigerian Exchange Limited and Johannesburg Stock Exchange is pleased to announce the successful completion of the acquisition of 100% of the shareholding interest in the Nigerian Agip Oil Company (NAOC) from the Italian energy company, …

Seplat Energy plc, a foremost indigenous energy company, has reassured all stakeholders of its commitment to driving and ensuring a sustainable business and creating increased value for people and the environment. The company also reiterated its resolve to address the dual challenges of ensuring energy security and meeting climate change …

  The Board of Directors of the African Development Bank Group has approved a loan of $500 million to the Federal Republic of Nigeria, to finance the first phase of the Economic Governance and Energy Transition Support Program (EGET-SP), a new program aimed at accelerating transformation of the country’s electricity …

Seplat Energy PLC, a leading Nigerian independent energy company listed on both the Nigerian Exchange and the London Stock Exchange, has called for prudent management of oil and gas assets in Nigeria in the country’s quest to drive growth in the energy sector and encourage expansion. The Chief Executive Officer, …