Africa Oil Week (AOW), the leading event dedicated to the African Oil and Gas industry, came to a successful close after a content-packed conference and exhibition. The leading business and intelligence business platform spread across 5 days saw over 1,500 delegates convene to discuss and showcase opportunities within the industry. Delegates from around the world…
Government has pledged to convert the debts owed it by the Ghana Grid Company Limited (GRIDCo) into equity and support it with funds from the Energy Sector Levy Act (ESLA) Bond to ensure improved and reliable power supply. Mr Joseph Cudjoe, a Deputy Minister of Energy in charge of Finance and Infrastructure, made this known…
The CEO of the Bui Power Authority (BPA) Fred Oware has revealed that the authority will next week hold talks with Meralco Consortium, the winners of the ECG concession, for a new contract that will ensure that the Bui Power Authority gets paid regularly for the power it supplies to ECG. Currently, ECG owes Bui…
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…
