Frazenergy, Galileo Sign Investment Decision to Unlock $20 Billion Gas Infrastructure

FrazEnergy Ltd (a subsidiary of Oilserv) and Galileo Technologies, yesterday signed a Final Investment Decision (FID) to unlock the over $20 billion gas infrastructure deficit in the country. The milestone, according to FrazEnergy, is in line with President Bola Tinubu’s…

REA signs MoU with five renewable energy firms

The Rural Electrification Agency (REA) signs Memorandum of Understanding with five Private Developers to scale up electricity access in Nigeria The MoUs were signed between the REA and A4&T Power Solutions, Eauxwell Nigeria Limited, Skipper Nigeria Limited, Havenhill Synergy Limited…

Deep water project: TotalEnergies advocates good fiscal incentives, competition to reduce costs

……As deep water segment in Nigeria stuck for 10 years In a bid to move the deep water projects of the Nigerian oil and gas sector forward, Country Chairman and Chief Executive Officer of TotalEnergies EP Nigeria Limited, Mr. Mathieu…

President Tinubu unfolds strategies for economic rejuvenation

President Tinubu inaugurated Presidential Economy Coordination Council; unveil measures for economic rejuvenation

Samoa Agreement Signed in the Interest of Nigeria – FG

Press Statement by the Federal Ministry of Information and National Orientation on Status of Samoa Agreement

REA, Mercy Corps Team Up to Empower Electricity Cooperatives in Nigeria

The Rural Electrification Agency (REA) have signed a Memorandum of Understanding with Mercy Corps to strengthen electricity cooperatives towards improved electricity access in Nigeria. The signing took place at the Corporate Headquarters of the Agency in Abuja on Thursday, 4th…

“NNPCL Declares Emergency in Crude Oil Production, Urges Collaboration to Cut Costs”

In a move towards increasing Nigeria’s crude oil production and growing its reserves, NNPC Ltd has declared a state of emergency on production in Nigeria’s oil and gas industry. Group Chief Executive Officer of NNPC Ltd, Mr. Mele Kyari, disclosed…

Stakeholders advocate “Inclusivity and Mitigation” for Climate Preparedness at Lagos Resilience Forum

  Lagos Resilience Strategy is a roadmap to better communities   At the Lagos Resilience Forum held earlier today, Tuesday July 2024, stakeholders emphasized the importance of inclusivity and proactive measures for climate preparedness. They highlighted the need for involving…

African Development Bank, Climate Investment Funds Spearhead Just Transition Workshops in Uganda

The two-day event brought together key stakeholders to ensure that the shift towards a clean economy doesn’t leave vulnerable communities behind   The African Development Bank Group and the Climate Investment Funds (CIF) have launched a series of groundbreaking workshops…

Lokpobiri Visits Aradel’s Ogbele Facility

Senator Heineken Lokpobiri, Minister of State Petroleum Resources (Oil), has commended Aradel Holdings for its innovativeness and growth trajectory while on a visit to the Ogbele Facility in PML 14, Rivers State, which is 100% owned and operated by Aradel…

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