OTC Discusses the Future of the Global Energy Evolution By Eyo Nsima The 55th annual Offshore Technology Conference (OTC) concluded today at NRG Park, uniting the world’s elite energy experts and professionals, to discuss the future of offshore energy. OTC 2024 showcased breakthrough innovations in the industry, and a multi-disciplinary technical program exploring the
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NCDMB Co-Chair, Ekpo Meets Exec Sec, Pledges Support for Local Content Programmes The Co-Chair of the Governing Council of the Nigerian Content Development and Monitoring Board (NCDMB) and Minister of State for Petroleum Resources (Gas), Hon. Ekperikpe Ekpo on Thursday in Abuja received in audience the Executive Secretary of NCDMB, Engr. Felix Omatsola Ogbe.
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Forging Mozambique’s Future: Overcoming Challenges with Strategic Vision Following the 2024 elections, Mozambique’s incoming administration needs to break away from exploitative capitalism, embrace resilience and leverage natural resources for sustainable development. In the coming weeks, the Mozambican Ruling Frelimo Party will convene the Party Cadres’ Garden to select the next generation of leadership which
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Axxela Announces Final Investment Decision (FID) to develop a 50 MMSCF/D Gas Processing Plant Axxela Limited, a leading gas and power portfolio company in Sub-Saharan Africa, announces that it has taken Final Investment Decision for the development of a gas processing plant situated in OML 56, Delta State, South-South Nigeria. This strategic investment marks
NASENI, Nasarawa State, Firm to Establish Tractor Manufacturing Plant in North-Central Geo-political Zone …As Governor A.A Sule Visits NASENI to Facilitate Discussions on the Project The National Agency for Science and Engineering Infrastructure (NASENI), is set to collaborate with Nasarawa state government and Bobtrack Tractors, a division of Saint Bob Motors Limited to start
FG seeks collaboration with PETAN to enhance development of Nigeria’s petroleum industry By Eyo Nsima THE Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, yesterday, expressed the federal government’s readiness to collaborate with the Petroleum Technology Association of Nigeria (PETAN) in a bid to increase Nigeria’s oil production and revenue. The minister
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Congo Signs Amended PSC with China’s Wing Wah, Signaling Start of Gas Development Project The Republic of Congo’s Minister of Hydrocarbons Bruno Jean-Richard Itoua signed an amended Production Sharing Contract (PSC) with China’s Wing Wah Oil Company for the Banga Kayo block. The amended PSC marks the start of development at the block and
Palliatives: Dangote donates 80,000 bags of rice to Lagos residents … Sanwo-Olu says Dangote prioritize Nigerians’ welfare above profit The Aliko Dangote Foundation, (ADF) has flagged off the distribution of 80,000 10kg bags of rice to the vulnerable in Lagos state. President of Dangote Group and Chairman of the foundation, Aliko Dangote, noted
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Copenhagen Climate Ministerial: Leaders need to halt fossil fuel development and plan for an equitable phase-out — IISD experts Around 40 climate leaders and ministers are meeting in Copenhagen from March 21 to 22 to discuss priorities for this year’s UN Climate Change Conference (COP 29). The president of COP 28, Sultan Al Jaber, will
Equatorial Guinea Remains a Strong Partner of ExxonMobil and American Companies Following an article published by the Financial Times (FT) regarding ExxonMobil’s exit from Block B, Equatorial Guinea’s Vice President Teodoro Nguema Obiang Mangue and the country’s Chamber of Mines offer further clarification on the future of Block B and the opportunities for foreign
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