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Heirs Oil & Gas Appoints former Shell’s Vice President as CEO

By Ikenna Omeje Heirs Oil & Gas (HHOG) has appointed a former Vice President of the Royal Dutch Shell, Osayande Igiehon as its Chief Executive Officer, effective May 4, 2021. A statement by the company stated that Igiehon who was previously a Vice-President at Royal Dutch Shell in the Hague, Netherlands, brings over twenty-seven years…

Regional Electricity Market Gateway to Development of West Africa – ECOWAS

Daniel Terungwa The President of the Economic Community of West African States (ECOWAS) Commission, Mr. Kassi Brou, has described the regional electricity market, under construction, as fundamental to the development of West Africa. Brou made this assertion during his visit to the Accra-based ECOWAS Regional Electricity Regulatory Authority (ERERA), where he reiterated that energy production…

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Heirs Oil & Gas Appoints former Shell’s Vice President as CEO

By Ikenna Omeje Heirs Oil & Gas (HHOG) has appointed a former Vice President of the Royal Dutch Shell, Osayande Igiehon as its Chief Executive Officer, effective May 4, 2021. A statement by the company stated that Igiehon who was previously a Vice-President at Royal Dutch Shell in the Hague, Netherlands, brings over twenty-seven years…

Proven Oil Reserves of Shell, Chevron, Others, Falling at an Alarming Rate

By Ikenn Omeje The proven oil and gas reserves of BP, Shell, Chevron, Eni, and Total, are falling at an alarming rate, as produced volumes are not being fully replaced with new discoveries. A Rystad Energy analysis shows that the five major oil and gas companies lost 15 percent of their stock levels in the ground in…

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Local content, best way forward for Nigeria- Jadesimi

Managing Director LADOL, Dr. Amy Jadesimi, has said that the way to move Nigeria and its economy forward is to embrace local content, currently being championed in the oil industry by the Nigeria Content Development Management Board (NCDMB).According to her, local content will boost the nation’s economy if Nigerians are allowed and offer opportunity to…

Labacorp Energy set to Launch PET Bottle Waste Recycling in Nigeria

Cameroon – Labacorp Energy is strengthening its presence in the Nigerian market through an agreement with its Joint Venture Partners which comprises MECEN IPC and Calaya Engineering Services.  In line with its objectives, Labacorp Energy and its JV partners will set up an entity in Nigeria known as LMC EcoTech, Co., Ltd that specialises in…

Dispute Resolution: NERC Expresses Commitment to Building Operators’ Confidence in Arbitration Process

By Ikenna Omeje  The Nigerian Electricity Regulatory Commission (NERC)  has expressed commitment to building the confidence of operators in the Nigerian Electricity Supply Industry (NESI), in Alternative Dispute Resolution (ADR) process. The NERC Chairman, Mr. Sanusi Garba, stated this at a meeting with members of the Dispute Resolution Panel (DRP) of the electricity regulator, on Tuesday,…

Seplat Shows Strong Commitment to Environment, People and Values

…Gets NSE’s Applaud on its Robust Sustainability Achievements Seplat Petroleum Development Company Plc, a leading Nigerian independent energy company listed on both the Nigerian Stock Exchange (NSE) and the London Stock Exchange (LSE), is strongly committed to deploying resources and expertise to create and deliver sustainable value to meet the expectations of its various stakeholders…

NIMASA to Facilitate STCW Status for Navy, Accredit Professional Courses.

Daniel Terungwa The Nigerian Maritime Administration and Safety Agency, NIMASA, has pledged to assist the Nigerian Navy in the accreditation of professional courses offered by the Nigerian Navy with particular reference to the Standards of Training, Certification and Watchkeeping for Seafarers (STCW). The agency promised to facilitate the attainment of International Convention on STCW status…

Modular refineries: Reps urge NNPC to revoke, reissue licenses

Mordi Chukwunonso Esther  The House of Representatives has urged the Nigerian National Petroleum Corporation(NNPC) to review the status of the licences issued to indigenous companies to run modular refineries. It asked the corporation to revoke and re-issue them to competent and reliable operators. The House, however, urged the NNPC to give technical assistance to those…