Oil & Gas

OIL NNPCL signs deal with Addax to takes over blocks

By Eyo Nsima NNPC Limited has taken over Oil Mining Leases, OMLs 123/124 & 126/137, operated by Addax Petroleum Development (Nigeria) Limited. In a statement obtained by The Daily, https://thedaily-ng.com, the Chief Corporate Communications Officer, Garba Deen Muhammad disclosed that the transfer was achieved three months after the execution of the Addax Transfer, Settlement, and Exit Agreement (ATSEA) for […]

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VANGUARD AWARDS: How Nkechi Obi emerged Woman Entrepreneur of the Year

By Eyo Nsima The founder and group managing director/CEO of Techno Oil Limited, MRS. Nkechi Obi, emerged as the Woman Entrepreneur of the Year at the just-concluded Vanguard 2022 Personality of the Year Awards in Lagos, Nigeria. This was not surprising as she has played leading roles, driving operations in not only her company but

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Transcorp increases power generation to the National Grid as it commissions rehabilitated GT Unit 20

TransAfam Power Ltd, a subsidiary of Transcorp Group, has announced the completion of the rehabilitation of its Afam 5 GT unit 20 Gas Turbine power-generating unit located at Okoloma – Afam, Ndoki in Oyigbo Local Government Area of Rivers State. The rehabilitated unit, which has been successfully commissioned and synchronized to the national grid, bringing

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African Energy Chamber Drives Intra-African Energy Investment in Lagos

2023: AEC will continue to campaign for increased investments, private sector participation – Ayuk

. Holds AEW from October 16 – 20, 2023 in Cape Town By Eyo Nsima The Executive Chairman, African Energy Chamber, AEC, the organizers of African Energy Week, AEW, Mr. Nj Ayuk has disclosed that AEC will continue to campaign for increased investments and private sector participation. This is partly based on the need to

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African Energy Chamber Drives Intra-African Energy Investment in Lagos

Invest in African Energy 2023 Reception Kicks off, Calls for Heightened Investment in Africa’s Upstream Sector

Kicking off the Invest in African Energy Reception (https://AECWeek.com/news/) in London on Thursday, independent energy research firm Rystad Energy presented its Africa’s Energy Sector Outlook 2023, detailing the current state of the industry and forecast supply and demand dynamics. Organized by the African Energy Chamber (AEC) (https://EnergyChamber.org/) – the voice of Africa’s energy sector –

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TotalEnergies denounces dissemination by Greenpeace of false and misleading information on greenhouse gas emissions

Lebanon: QatarEnergy joins TotalEnergies and Eni on two exploration blocks

TotalEnergies and Eni have completed the transfer to QatarEnergy of a 30% interest in exploration Blocks 4 and 9 off the coast of Lebanon. The agreements were endorsed in Beirut on January 29, during a ceremony attended by His Excellency Dr. Walid Fayad, the Minister of Energy and Water of Lebanon; His Excellency Mr. Saad

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NIGERIA: Energy Editors demand immediate arrest of fuel scarcity

NIGERIA: Energy Editors demand immediate arrest of fuel scarcity

NIGERIA: Energy Editors demand immediate arrest of fuel scarcity By Eyo Nsima The National Association of Energy Correspondents (NAEC) has expressed concerns about the lingering fuel scarcity and has called on all relevant government agencies in the downstream sector to collaborate in arresting the prevailing chaos in the fuel market. In a statement issued by

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OIL: SNEPCo completes Bonga FPSO vessel rehabilitation in Nigeria

bp, Project Partner Technip Energies to See Mauritania, Senegal Accomplish First Gas with FPSO Sail Away for GTA Site

Global energy major, bp, and project partner Technip Energies have reached a new milestone regarding the development of the highly-anticipated Greater Tortue Ahmeyim (GTA) liquefied natural gas (LNG) project located offshore Mauritania and Senegal. This week, the project partners announced that the floating production storage and offloading (FPSO) unit for GTA has officially left China,

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Nigeria’s Petroleum Minister Timipre Sylva to engage investors at Invest in African Energy Reception in London

Nigeria’s Petroleum Minister Timipre Sylva to engage investors at Invest in African Energy Reception in London

Nigeria’s Petroleum Minister Timipre Sylva to engage investors at Invest in African Energy Reception in London   Timipre Sylva, the Minister of State for Petroleum Resources of Nigeria, will be attending the African Energy Chamber-organized Invest in African Energy Reception in London on January 26.   The African Energy Chamber (AEC) is proud to announce

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