The U.S. Agency for International Development (USAID), through the U.S. government-led Power Africa partnership, has donated 200 distribution transformer meters, as well as other components for transformer metering, worth $105,000 (about N37.8 million) to Abuja Electricity Distribution Plc (AEDC). The other components include 600 different specifications of control terminals. “Today marks yet another…
A call has been made to the people of Ogoni to ensure a proper involvement of the people in terms of community ownership and equity shares, in the planned resumption of oil exploration activities in OML11, Ogoni oilfield. A stakeholder in the Niger Delta region, Dr. Eddie Wikina, said any company coming to Ogoniland…
International business leader and founder of Aiteo Group (www.Aiteogroup.com), Benedict Peters was awarded Africa’s Oil and Gas Leader of the Year at the Forbes Best of Africa Gala which held at Forbes Headquarters, New York City on September 27, 2018. The award is an acknowledgement of Peters’ significant contribution to oil and gas development in Africa…
Estimated at over US$800,000, the project for the construction of the schools will be executed by local construction company Dynamic Supplies and Construction Limited Oranto Petroleum Ltd (Oranto) (Atlas-Oranto.com) has completed the award of a contract for the construction of two primary schools to be located in Yirol and Rumbek, two communities located in central…
As Senegal expands its oil and gas exploration and development efforts, putting in place the right regulatory and governance frameworks will ensure the sustainability and social responsibility of its nascent hydrocarbons industry Senegal is determined to become the new frontrunner of Africa’s local content development. This is the conclusion of a local content forum held…
… FG to compel operators to refine 20% of production …70% of modular refineries to be fabricated in-country The Minister of State for Petroleum Resources, Dr. Emmanuel Ibe Kachikwu on Thursday performed the groundbreaking of a 5,000 barrels of crude oil per day (bopd) modular refinery being developed by Waltersmith Refining and Petrochemical Company at…
By Margaret Nongo-Okojokwu The Executive Secretary, Nigerian Content Development and Monitoring Board, NCDMB, Simbi Wabote has commissioned a new security vessel, MV Tamuno-Dein II, acquired by BGAM Services Limited with financing from the Nigerian Content Intervention Fund, NCI Fund. BGAM Services Limited is the first oil and gas company to access financing from the NCIF. The…
By Margaret Nongo-Okojokwu Fugro has announced a new move to stimulate business development in Nigeria’s marine industry with a new agreement with Jagal, an established Nigerian corporation that operates leading energy businesses and manages a diverse portfolio of investments. As a 100% Nigerian entity the new venture, Fugro Marine Nigeria Limited, is set to…
Nigeria is following the right measures in its drive to acquire nuclear power, Rosatom, the Russian nuclear energy corporation renowned for the construction of nuclear power plants, has said. According to the firm, the development of Nigeria’s nuclear energy programme, which commenced about 10 years ago, has shown that the Federal Government is committed to…
The Bayero University, Kano on Wednesday energized Nigeria’s first-megawatt scale hybrid solar project in a Nigerian university and the second in the whole country after the Lower Usuma Dam project in Abuja. The feat was made possible after the successful completion and commissioning of a 1MWp Solar power plant by a technical team of experts and…
