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Outlook 2022: Big ticket projects, Elections, Energy Transition & more

By Wisdom Patrick Enang, PhD & Jerome Onoja Okojokwu-Idu   2021 was largely eventful for the Nigerian Oil and Gas industry with the passage of the Petroleum Industry Bill into law after two decades of being stalled in back and forth deliberations and disagreements between the different arms of government and the private sector, standing…

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Unlocking Resources and Driving Investment Opportunities In Africa with Floating LNG Technology: A Game Changer For Nigeria in the Decade of Gas

– Engr. Derefaka, J.O.   The method of converting natural gas from a gas to a liquid by chilling it to minus 260 degrees Fahrenheit and reducing its volume by 600 times spawned a new industry. Now, stranded natural gas resources might be monetized by delivering gas in special-purpose vessels to new markets hungry for…

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Schneider Electric Achieves Outstanding Performance in Four Corporate Sustainability Ratings

Schneider Electric, the leader in the digital transformation of energy management and automation, has delivered yet another strong year of Environmental, Social and Governance (ESG) performance based on 2021 ratings from independent and renowned corporate sustainability experts. Schneider Electric uses the annual ratings from four key external indexes: CDP Climate Change, Dow Jones Sustainability World…

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Marginal Field: NUPRC Set to Close 2020 Bid Round

By Ikenna Omeje The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced plans to close out the 2020 marginal field bid round programme. The plans which are in line with the Petroleum Industry Act 2021 (PIA) follow the successful completion of the marginal oilfield bid earlier in the year and the issuance of award letters…

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Nedogas, NCDMB commissions 300 MMscfd Kwale Gas Gathering Facility

  Nedogas Development Company Limited (NDCL), a joint venture company between Xenergi Limited and NCDMB Capacity Development Intervention Company, has, in collaborative partnership with the Nigerian Gas Company Limited (NGC), a subsidiary of the Nigerian National Petroleum Company (NNPC), successfully completed the construction and technical commissioning of a 300 MMscfd Capacity Kwale Gas Gathering (KGG)…

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100 Youths Begin NCDMB/ITF Vocational Training  

  Hundred Nigerian youths have commenced training in the vocational skills programme sponsored by the Nigerian Content Development and Monitoring Board (NCDMB) and facilitated by the Industrial Training Fund (ITF). The training covers eight skills areas, and they include Information and Communication Technology; Electrical/Electronic Technology; Industrial Automation and Mechatronics; Instrumentation and Process Control; Mechanical Services and Maintenance; Mobile Phone Repairs and Troubleshooting; Residential Air-Conditioning and Refrigeration Maintenance and Building…

Nigerian Content retains $8bn annually, creates 50,000 jobs 
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Nigerian Content retains $8bn annually, creates 50,000 jobs 

  The implementation of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act has created over 50,000 direct jobs in the local economy over the past 11 years, the Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote has said.    He stated this in Lagos during separate breakfast meetings he held with members of the Guild of…

Capacity Building: NIMASA renews MoU with World Maritime University

-To Set Up Regional Maritime Safety and Security Research Center Daniel Terungwa The Nigerian Maritime Administration and Safety Agency (NIMASA), has renewed its Memorandum of Understanding (MoU), with the World Maritime University, (WMU) Malmo,  Sweden. The move is aimed at enhancing capacity development; to grow the Nigerian maritime sector. Speaking shortly after the signing of…

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Renewable Energy crucial to Nigeria’s economic prosperity – Olorunisola

    Simon Olanipekun    The Vice Chancellor, Dominican University, Ibadan, Oyo State, Prof. Abel Olorunnisola, has said renewable energy is central to the growth and development of the Nigerian economy.   He stated this recently at the opening of a five-day capacity building workshop, organized by the National Centre for Energy Efficiency and Conservation…

Rhino and Buffalo Set to enter Namibia by Mid-2022

  Daniel Terungwa Rhino and Buffalo are set to enter Namibia’s border and join the NamPower family by mid-2022. This is coming years of planning, immense procurement challenges and a touch of Covid-19, Rhino and Buffalo are NamPower’s new eagerly awaited mobile substations, rated 20MVA with multiple voltage ratios of 132/66kV to 33/11kV and 132/66kV…