Nigeria’s energy sector has reached a new milestone with the inauguration of a $315 million Floating Production Storage and Offloading (FPSO) vessel. The inauguration, which took place at Drydocks World in Dubai, was attended by Vice President Kashim Shettima, who…
50MW MEPP Fully Operational in 2025 – Minister of State for Gas Lauds NNPCL for Achievement
The Honourable Minister of State for Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo, has commended NNPC Ltd. for successfully implementing the vision of the President by delivering impactful initiatives like the Maiduguri Emergency Power Project (MEPP). The Minister made this…
UK Issues First-Ever Carbon Storage Permit
The UK government has issued the country’s first-ever carbon storage permit to a group led by BP, the North Sea Transition Authority (NSTA) said on Tuesday. The permit was issued to the Northern Endurance Partnership (NEP), which comprises BP (45%),…
Egbin Power Re-affirms Commitment to SDG 3 with Annual Medical Outreach
L-R: Team member, Live Well Initiative, Pharmacist, Olukoya Taiwo;Community Liaison Officer (CLO), Ipakan Community, Tajudeen Yinusa; Head, Corporate Communications & Branding, Egbin Power, Felix Ofulue; Managing Director, Live Well Initiative, Dr. Bisi Bright, and Brand, Events & CSR Specialist, Egbin Power,…
TotalEnergies completes acquisition of Malaysia’s SapuraOMV
TotalEnergies said on Tuesday it has finalised its acquisition of Malaysia’s SapuraOMV, first announced earlier this year. In April, the company unveiled a USD 530-million agreement with Sapura Upstream Assets to acquire its 50% stake in SapuraOMV. The deal follows…
Africa Needs $200bn Annually to Achieve Energy and Climate Goals – NLNG MD
The Managing Director of the Nigeria Liquified Natural Gas Ltd (NLNG), Philip Mshelbila has highlighted Africa’s need for a minimum of $200 Billion in annual investments to meet its energy and climate goals. The NLNG Boss, who spoke at a…
NMDPRA To Review 0.5% Gas Infrastructure Fund for PIA Compliance Amid Stakeholder Concerns
* To Halt Gas Supply To GENCOS Over N2trillion Debt The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has announced plans to reassess the 0.5% levy associated with the Midstream Downstream Gas Infrastructure Fund (MDGIF) to ensure compliance with…
Chappal Energies Completes Acquisition of Equinor’s Nigerian Assets for $1.2B.
Chappal Energies, an African Energy company has formally taken over the Nigerian assets of Equinor’s Nigerian assets, competing the acquisition process which had been on for quite a while. The deal, which was previously agreed to and announced in November…
Chevron Nigeria Wins Award for Energy Company of the Year for Environmental Sustainability and CSR
Chevron Nigeria Limited (CNL), on Friday Dec. 6, 2024, received an award as “Energy company of the year for its Environmental Sustainability and Corporate Responsibility accomplishments. The award presented by the Nigerian News Direct newspaper, was received by Mr Victor…
CNG Vehicle Conversion Centers in Nigeria now 158, Up from Just 7 in 2023 – Pi-CNG
Iroghama Ogbeifun, Chief Executive Officer , Starz Investment Company Ltd and Engr. Tari Mayor-Bright, Sovereign & Subnational Coordinator of Pi-CNG during the panel discussion themed “From Policy to Practice: Strengthening Domestication for Economic Development” at the 13th Practical Nigerian Content…
