Category: Energy

BGN, Others Secure $370m For Three New Gas Carriers
March 30, 2024 No Responses

BGN, Others Secure $370m For Three New Gas Carriers

Swiss energy company BGN and Al Seer Marine, the UAE-based player across multiple marine sectors, have secured funding from several banks located in the Gulf region to support the construction of three very large gas carriers (VLGCs) in South Korea...
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TotalEnergies At 100, Reflects On Operations 
March 29, 2024 No Responses

TotalEnergies At 100, Reflects On Operations 

With over 00,000 employees in 120 countries worldwide, TotalEnergies on Thursday, March 28th, 2024 celebrated its 100th anniversary of the Company’s creation.    TotalEnergies’ 100-year history tells the story of the world and energy, from the 1920...
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Edo To Float New Gas Company
March 26, 2024 No Responses

Edo To Float New Gas Company

The Edo State Government has set up Edo Green Energy Limited to be run as a private sector-facing entity which will engage in the commercialization of gas in the State.Commissioner of Mining and Energy, Hon. Enaholo Ojiefoh, who said this...
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Edo, Oando To Generate 175MW Wind Energy
March 21, 2024 No Responses

Edo, Oando To Generate 175MW Wind Energy

The Edo State Government’s renewable energy programme being implemented in partnership with Oando Energy will result in the construction of wind turbines across three locations in the three senatorial districts of the State.The locations, according to studie...
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Russian Firm, Rosatom Commences Exploration Of Lithium In Edo
March 21, 2024 No Responses

Russian Firm, Rosatom Commences Exploration Of Lithium In Edo

One of Europe’s largest nuclear energy companies, Rosatom, has commenced exploration of lithium in Edo State and has gotten the state government’s approval to build a lithium processing plant. The Commissioner of Mining and Energy, Enaholo Ojiefoh, who dis...
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NADDC To Partner Oando Clean Energy On Vehicle Electrification 
March 19, 2024 No Responses

NADDC To Partner Oando Clean Energy On Vehicle Electrification 

The  National Automotive Design and Development Council (NADDC) and Oando Clean Energy are set to forge closer ties on Vehicle Electrification.   According to NADDC, a courtesy visit  to the Council  by Oando Clean Energy Executive Vic...
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NDDC To Hand Over Ondo Power Project To TCN
March 19, 2024 No Responses

NDDC To Hand Over Ondo Power Project To TCN

The Governing Board of the Niger Delta Development Commission, NDDC has concluded plans to inaugurate the 132/33kv electricity sub-station at Ode-Erinje in Okitipupa Local Government Area of Ondo State.  A statement issued by the Commission explained that...
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Shell To Deploy New ‘Cutting-Edge’ Vessel 
March 17, 2024 No Responses

Shell To Deploy New ‘Cutting-Edge’ Vessel 

Singapore-based shipbuilding player,  PaxOcean Group, has delivered a vessel, scheduled to work off the coast of Brunei for Brunei Shell Petroleum (BSP), a subsidiary of the UK oil major Shell.  The Vessel was delivered to Automac Mult...
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Floating LNG Project: UTM Solicits NCDMB’s Equity Investment, Approvals
March 16, 2024 No Responses

Floating LNG Project: UTM Solicits NCDMB’s Equity Investment, Approvals

UTM Offshore Limited, promoters of Nigeria’s first Floating Liquefied Natural Gas (FLNG) facility has requested the Nigerian Content Development and Monitoring Board (NCDMB) to invest equity in the project and to accelerate key approvals that would fast-trac...
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NLNG MD:FG’s Executive Order On Oil And Gas Will Unlock Gas investments
March 13, 2024 No Responses

NLNG MD:FG’s Executive Order On Oil And Gas Will Unlock Gas investments

The Managing Director and Chief Executive Officer of Nigeria LNG Limited (NLNG), Dr. Philip Mshelbila, on Tuesday, expressed optimism regarding the recent Executive Order on Oil and Gas Reforms signed by Present Bola Ahmed Tinubu (GCFR).According to Dr. Mshelb...
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Aramco Boosts Dividends Despite Drop In Profit
March 11, 2024 No Responses

Aramco Boosts Dividends Despite Drop In Profit

Saudi Aramco has reported a steep decline in profits, after the energy giant cut production and oil prices fell sharply in 2023. Its profits fell 25% to $121bn (£91bn) profits after a record-smashing year in 2022. But the figure is...
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Heirs Energies Expands Gas Supplier To Geometric Power Plant
March 7, 2024 No Responses

Heirs Energies Expands Gas Supplier To Geometric Power Plant

Heirs Energies has announced a further expansion of its gas supply business, supplying the recently commissioned 188 MW power plant operated by Geometric Power Limited, located in Aba, Abia State.Heirs Energies is a leading provider of gas to the Nigerian...
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Tinubu Signs Executive Orders For Oil, Gas Investments
March 7, 2024 No Responses

Tinubu Signs Executive Orders For Oil, Gas Investments

President Bola Tinubu has signed an executive order to improve the investment climate and position of Nigeria as the preferred investment destination for the oil and gas sector in Africa. This is in keeping with his commitment to remove obstacles...
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NCDMB Host Oil Industry Players, Academia, On Research, Innovation Imperatives
March 7, 2024 No Responses

NCDMB Host Oil Industry Players, Academia, On Research, Innovation Imperatives

Oil and gas industry stakeholders and leading academics on Tuesday began a three-day Research and Development (R&D) Zonal Workshop at the Niger Delta University (NDU), Amassoma, with special focus on needs-driven research and deepening of collaboration and...
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