Ghana’s liquefied natural gas (LNG) import project is finally under construction, years after its original inception, with two vessels contracted to store and regasify the fuel by the second quarter of 2020, a project partner said. According to Reuters, China Harbour Engineering Company has already begun construction work on a marina with a Floating Regasification…
The 3rd annual Local Content Conference and Exhibition by the Petroleum Commission for Ghana’s upstream oil and gas industry will hold from November 28 to 30 in the twin-city of Sekondi/Takoradi. The conference, one of the industry’s largest gathering on the local front, will provide players networking and ideas sharing opportunities considered critical for the…
Mr. Amewu disclosed that government has“been notified by Exxon of their choice” and the Ministry of Energy has approved of the deal. He stated that with the approval, the Ministry expects Exxon Mobil to fast track activities that will lead to exploration and production since the search for a partner had already delayed the project….
Abuja — As the federal government resumes privatisation of some national assets, THISDAY learnt at the weekend that negotiation of fresh terms has begun with preferred bidders of three power generation plants of the National Independent Power Projects (NIPPs) that have been slated for sale. The power plants to be sold in the first phase…
Alhaji Muhammadu Sanusi II, the Emir of Kano and Chairman, Qua Iboe Power Plant Limited (QIPPL), says one billion dollars is to be invested in the Power plant in a partnership involving Mobil Producing Nigeria. Sanusi said this when he paid a courtesy call on Gov. Udom Emmanuel of Akwa Ibom in Uyo on Thursday….
The Association of Power Generation Companies (APGC) says power generation companies (GenCos) have not received payment for electricity generated since June 2018 from the Nigerian Bulk Electricity Trading PLC (NBET). The Executive Secretary of APGC, Joy Ogaji, said this in an interview with the News Agency of Nigeria (NAN) in Abuja on Sunday. Ms Ogaji…
Nigerian officials will go on a roadshow to London next week ahead of a planned $2.8 billion Eurobond sale this month, two banking sources told Reuters on Thursday. The roadshow, which is being organised by Citi and Standard Chartered, would run from November 12, for three days and be attended by Nigerian Finance Minister Zainab…
TechPlus, an annual initiative of Republicom Group, returns this year with a breakfast event scheduled to hold next Thursday in Lagos. According to General Manager, TechPlus, Eniola Edun, the forum is in its fourth year. Edun said the programme started as an annual conference and exhibition, featuring gaming and masterclasses, and this year, “we are…
Nigeria has been described as one of the leading countries in the financial technology (Fintech) space in the world. The Executive Director, Systemspecs Limited, Mr. AdeRemi Atanda, stated this recently at the Centre for Financial Journalism (CFJ)-Association of Corporate Affairs of Managers of Banks’ (ACAMB) Business Forum held in Lagos. According to him, many things…
The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Dakuku Peterside, over the weekend in Lagos announced that the agency will partner with the Alumni of Maritime Academy of Nigeria Oron (AMANO) to ensure that all stumbling blocks for the growth and development of the maritime sector are removed. Peterside, who…
