Fight against corruption: NSC emphasises importance of technology
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Fight against corruption: NSC emphasises importance of technology

Executive Secretary, Nigerian Shippers’ Council (NSC), Hassan Bello, has emphasised the importance of technology in the country’s fight against corruption. Bello spoke during a walk/summit to mark the UN International Anti-Corruption Day on Monday in Abuja. The summit was organised by the NSC in collaboration with the Economic and Financial Crimes Commission and other agencies of the…

    National Assembly lauds Oilserv as a proud Nigerian Content Story
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    National Assembly lauds Oilserv as a proud Nigerian Content Story

  Oilserv, an engineering, procurement, construction, installation and commissioning company, has been a major player in the sector since its inception in 1992. The Company has contributed to the development of pipelines infrastructure, having executed various turnkey projects including the Obiafu, Obrikom, Oben Gas transmission Pipeline System which is currently at the commissioning phase.  No…

OPEC 177th Meeting concludes

OPEC 177th Meeting concludes

The 177th Meeting of the Conference of the Organization of the Petroleum Exporting Countries (OPEC) was held in Vienna, Austria, on Thursday, 5 December 2019, under the Chairmanship of its Conference President, HE Manuel Salvador Quevedo Fernandez, People’s Minister of Petroleum of the Bolivarian Republic of Venezuela and Head of its Delegation. The Conference expressed…

The 7th OPEC and non-OPEC Ministerial Meeting concludes
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The 7th OPEC and non-OPEC Ministerial Meeting concludes

  The 7th OPEC and non-OPEC Ministerial Meeting was held in Vienna, Austria, on Friday, 06 December 2019, under the Co-Chairmanship of OPEC’s Conference President, HE Manuel Salvador Quevedo Fernandez, People’s Minister of Petroleum of the Bolivarian Republic of Venezuela, and HE Alexander Novak, Minister of Energy of the Russian Federation. The Meeting recalled the…

USD366m of Funding Committed to Genser Energy Ghana Limited

USD366m of Funding Committed to Genser Energy Ghana Limited

  ACCRA, Ghana, Dec. 9, 2019 /PRNewswire/ — Genser Energy Ghana Limited (‘GEGL’) is pleased to announce that it has successfully achieved financial close for a USD366m funding package including a new syndicated senior loan facility of USD230m, a mezzanine loan and preference shares. The senior loan facility was financed by a consortium of South African…

Ministry of power seeks collaboration with agencies for improved power supply

Ministry of power seeks collaboration with agencies for improved power supply

Federal Ministry of Power has called for collaboration and synergy between the ministry and its agencies in the implementation of their core mandates for effective service delivery. This was part of the resolutions released in a communique on Sunday at the end of the 1st Edition of Top Management Retreat of Directors, Heads of Departments…

Dangote refinery to boost implementation of Nigerian Content Policy, says NCDBM

Dangote refinery to boost implementation of Nigerian Content Policy, says NCDBM

The Nigerian Content Development Monitoring Board, NCDMB, said that the 650,000 barrels per day Dangote Petroleum Refinery project under construction, would assist in the implementation of local content policy in Nigeria. This, the Executive Secretary, NCDMB, Engr. Simbi Wabote, believe is already being done through the award of contracts to Nigerian contractors, thereby building local…

Wabote lists benefits of NLNG Train 7

Wabote lists benefits of NLNG Train 7

The Executive Secretary, Nigeria Content Development and Management Board (NCDMB), Mr Simbi Wabote, has said the upcoming Nigerian Liquefied Natural Gas (NLNG) Train 7 will boost revenue generation. Wabote gave the assurance at the just-concluded 9th Practical Nigeria Content Forum in Bayelsa on Saturday. NLNG would take Final Investment Decision (FID) on Train 7 before…

`Effective metering remains the best option to drive power sector- Minister

`Effective metering remains the best option to drive power sector- Minister

……… MOMAS has capacity to meet metering gaps in the country …… Am impressed with the local content driven initiative by MOMAS Company The Minister of Power, Mr Saleh Mamman, has expressed his readiness to improve the country’s power sector through effective metering that will meet consumer’s demands and also address liquidity challenges. Mamman said…