Mr Justice Derefaka,Technical Adviser, Gas Business and Policy Implementation to the Minister of State for Petroleum Resources, says Nigeria gas reserves will drag 120 million Nigerians out of energy poverty. Derefaka said with gas becoming dominant fuel for power generation globally, it presented a huge opportunity for Nigeria with its over 206TCF of proven…
Technological advancements in the African oil and gas industry and proceeds from operations will play significant roles in industrializing the continent and actualizing the goals of the African Continental Free Trade Agreement (AFCFTA), the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote has said. He spoke…
Heritage Energy Operational Services Limited Appoints Adesola Adebawo as General Manager NEW APPOINTMENT Heritage Energy Operational Services Limited (HEOSL), a subsidiary of Heritage Oil Limited (a Jersey-headquartered international oil and gas company) and operator of the OML 30 (NPDC/SNRL Joint Venture), wishes to announce the appointment of Mr. Adesola Adebawo (Sola) as General Manager –…
Oluwaseun Oloyede Energy management giant, Schneider Electric Nigeria, has rewarded five of its partners in the northern part of the country with various awards for their outstanding performances. Retail Partner of the Year 2021 was awarded to Foretec Investment for Highest Volume of Sales in Northern Nigeria, while B2B Reseller of the Year 2021 was awarded to Delawtech Computers…
NIES 2022 to put PIA on the front burner THE PETROLEUM INDUSTRY ACT 2021 The recently enacted Petroleum Industry Act (PIA) 2021 and its implementation so far, will face thorough scrutiny by industry professionals, policy makers and stakeholders at the 2022 Nigeria International Energy Summit (NIES 2022), scheduled to take place in Abuja from February…
Daniel Terungwa The Minister of Mines and Steel Development, Olamilekan Adegbite, has requested the National Assembly to allocate more funds to the steel sector to enable it to create more jobs for Nigerian youths and increase its contribution to the country’s revenue. According to him, “government, having identified the huge opportunity emplaced therein, envisages the…
A key part of the world’s most influential gathering for the energy sector, the ADIPEC Smart Manufacturing Exhibition and Conference will bring together energy, manufacturing and high-tech industry leaders to redefine the future of production Taking place only days after COP26, the global conference will focus on developing smart manufacturing systems that will strengthen resilience,…
Protocols It is my pleasure to be part of this important management session which is no doubt one of the defining activities of the annual international conference and exhibition of this association. The session is historically known for its incisive contributions to national development with topics as profound as that of today’s discussion which is…
Daniel Terungwa Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Bashir Jamoh, says inter-agency collaboration is key to sustainable resolution of the problem of accidents in the Nigerian inland waterways, which has led to avoidable loss of lives and property. Jamoh made the assertion recently, at an awareness forum in…
Desert Diamond Company Namdia’s Executive Management wishes to buy at least 50% of Namdeb Holdings’ diamond production, said its Finance Executive Officer Sven von Blottnitz. Blottnitz said this in a recent interview, while explaining the recent N$30,9 million write-off of the investment value in the Okahandja-based Namgem diamond polishing factory. The finance executive said despite…
