Gabon to Start New Oil Project Despite Pledge to Cut Output Gabon, a small African oil producer and OPEC member, is days away from first oil at a new offshore development despite joining the surprise new OPEC+ cut of over 1 million barrels per day (bpd) announced on Sunday. Gabon, which pumps around 200,000 bpd,…
Wabote, Jonathan, Lumumba win African Heritage Awards It was a night of colourful display of African culture and honour at the inaugural African Heritage Concert and Awards, where the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote was conferred with the Champion of Local Content Development in Africa…
Analysing Iraq’s Ambition to Match Saudi Oil Output is out Of Reach Iraq’s oil output and capacity may peak following growth of around 25% over the next five years, analysts said, falling short of 2027 targets and ending a long-standing ambition to rival the output of top OPEC producer Saudi Arabia. Political infighting has cost Iraq…
Saudi Aramco Boosts China Investment with Two Refinery Deals Saudi Aramco raised its multi-billion dollar investment in China by finalising and upgrading a planned joint venture in northeast China and acquiring an expanded stake in a privately controlled petrochemical group. The two deals, announced separately within the week, would see Aramco supplying the two Chinese…
NDDC to Link Okrika-Port Harcourt with Road, Bridges The Managing Director of the Niger Delta Development Commission, NDDC, Dr. Samuel Ogbuku, has announced plans to link Okrika and Port Harcourt in Rivers State with a road and three bridges. To this end, the NDDC boss says work will soon commence at the 3.65-kilometre Okrika-Borokiri Road…
EthosEnergy Cements Long-Term Partnership with GPSC EthosEnergy, a leading independent service provider of rotating equipment services and solutions to the power, oil and gas, industrial, and aerospace markets has been awarded a Long-Term Service Agreement (LTSA) for gas turbine maintenance, inspection, and repair services by Global Power Synergy Public Company Limited (GPSC). GPSC is one…
NCDMB Partners Women Engineers on STEM Education For Girls The Nigerian Content Development and Monitoring Board (NCDMB) has partnered the Association of Professional Women Engineers of Nigeria (APWEN) towards promoting Science, Technology, Engineering and Mathematics (STEM) curricula in secondary schools across the country, with special targets for the girl child. The partnership with the association…
N.I.E.S is where policy makers meet with commercial operators alongside producers, consumers’ Dr. Blessing Enakimio is the Director of Events, Brevity Anderson, Consultants to the Federal Government of Nigeria and the Event Producers of the Nigeria International Energy Summit (N.I.E.S). In this interview, Enakimio talks about what the delegates and the public should expect from…
Electricity Roads to Pave the Way for Smaller Car Batteries The Swedish government has proposed a ban on new petrol and diesel cars from 2030 to reduce carbon dioxide emissions. The same trends are seen across Europe, as demonstrated by the rapid increasing sales of electric vehicles. As this development progresses, challenges are also increasing,…
Lomar Announces Launch of Lomarlabs …New venture lab launched to catalyse the deployment of deep-tech solutions to solve the maritime industry’s biggest challenges Leading ship-owning and management group Lomar has announced the launch of ‘Lomarlabs,’ a venture to collaborate with deep-tech startups in resolving some challenges faced in the Maritime industry. Lomarlabs will join forces…
