Aiteo Eastern Exploration and Production Company Limited (AEEPCO) has announced the resumption of oil production in the Nembe field. This follows the completion of a joint investigation into a recent oil leak at the site. It would be recalled that…
Taamal Capital, RouQ & Company Announce Strategic Partnership
Taamal Capital (“Taamal”), a UK-headquartered International and Africa-focused advisory and private investment management firm, has partnered strategically with RouQ & Company (“RouQ”), a leading Nigerian commercial legal firm in Lagos. The collaboration aims to leverage the unique expertise of both…
NNPC Set to Deliver Gas Revolution with OB3 Gas Pipeline Project
………As FG Expresses Satisfaction with Project’s Progress In yet another major step towards boosting nationwide gas supply to drive industrialization and economic growth, the Nigerian National Petroleum Company Limited (NNPC Ltd) is set to deliver the Obiafu-Obrikom-Oben (OB3) Gas…
A Model for African Producers: Wing Wah’s $2B Integrated Energy Project to Bolster Resource Monetization in the Republic of the Congo
The Chinese oil and gas company is developing a multi-faceted oil and gas project in the Republic of the Congo – a model which can be replicated in other resource-rich nations across the region The Republic of the Congo…
AKK Gas Pipeline Project ready in 2025; To Impact Massively on Economy and Industrialisation
The Federal Government has placed emphasis on the huge multiplier effect the Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline Project would have on the nation’s economic growth and industrialisation. This was made known during the visit of three cabinet Ministers to the AKK…
Africa Offers Attractive Investment Opportunities for Japanese Firms, Say African Development Bank Leaders
Bank leaders underscored the institution’s commitment to making investing in Africa more attractive Africa presents a compelling investment destination for Japanese firms, with high growth potential and the African Development Bank’s strong support to manage risks, African Development Bank…
Lagos Hosts Landmark CLEAN-Air Forum 2024 to Combat Air Pollution in Africa
Air quality stakeholders in Africa are scheduled to convene in Lagos, Nigeria for a five-day CLEAN-Air Forum to discuss the pressing issue of air pollution in the continent. The Forum is expected to attract over 300 participants from over 40…
NNPC, TotalEnergies JV Announce $550 Million FID on Ubeta Field Dev’t Project
…………As Kyari Lauds FG’s Presidential Executive Order for Fostering Growth in Nigeria’s Oil, Gas Sector In a major step towards boosting Nigeria’s oil and gas production, the NNPC-TotalEnergies JV has officially announced a 550 million USD Final Investment Decision…
Aiteo temporarily halts operations due to Nembe Field oil leak
Aiteo Eastern Exploration and Production Company (AEEPCO), operator of the NNPC/Aiteo Joint Venture on OML 29, confirms it has detected an oil leak at its Nembe swamp facility in OML 29, Nembe Kingdom, Bayelsa State. The leak was reported on…
Industrial Wastewater Identified as Primary Cause of Pollution in Lagos State, reveals NIEE Lagos
…….Unchecked Free zone operations amongst causes of industrial pollution. …….Regulatory challenges hinder pollution control efforts Environmental engineers in Lagos have raised concerns about the significant impact of industrial wastewater on pollution levels in the state. They attribute the ongoing…