Mr. Ademola Adeyemi-Bero, Managing Director/CEO of First Exploration and Petroleum Dev. Company Limited will be the Keynote Speaker at this year’s 20th Annual Aret Adams Memorial lecture series slated for 6th July, 2023 at the Muson Centre (Agip Recital Hall), Marina, Onikan, Lagos. The event will start by 11.00 am prompt. The theme for the annual lecture is tagged “Critical ...
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Seplat : Nigerian Authorities Restore Immigration Documents of Roger Brown
Seplat Energy has announced that the Ministry of Interior (“Ministry”) and the Nigeria Immigration Service (“NIS”) have restored the Working Permit, Combined Expatriate Residence Permit and Aliens Card (“CERPAC”) and other Visas for the entry or stay in Nigeria (“Immigration Documents”) of the Company’s Chief Executive Officer (“CEO”), Mr. Roger Brown. The Company previously announced that the Immigration Documents were ...
Read More »Gov. Radda Seeks AfDB’s Support to Develop Renewable Energy Resources of Katsina
…….By Ben Ndubuwa……. The Katsina State Governor, Dikko Radda is seeking the support of the African Development Bank (AfDB) to develop the renewable energy resources of the State as well as the agricultural sector. Governor Radda in a statement signed by his Chief Press Secretary, Kaula Ibrahim, sought the bank’s support when he visited the Director-General, AfDB Nigeria Country Department, ...
Read More »BW Offshore Sells FPSO for $20 Million as Tullow Considers Espoir Options
…….. By Ben Ndubuwa………. Tullow expects the operator to carry out new drilling in 2025. The plans is for seven infill wells, two producers on West Espoir and two producers and three injectors on East Espoir. BW Offshore has closed the sale of its Espoir Ivoirien FPSO for $20 million, it announced, following a string of contract extensions. Canadian Natural ...
Read More »Totalenergies Discovers Oil and Gas 60km off Southeast Coast on OML 102
…….by Ben Ndubuwa……… TotalEnergies has said it has discovered oil in the Ntokon oil and gas on OML 102 offshore Nigeria. According to TotalEnergies, the Ntokon-1AX discovery well – located in shallow waters, 60 km off the southeast coast of Nigeria – encountered 38 meters of net oil pay and 15 meters of net gas pay, while its side-track Ntokon-1G1 encountered ...
Read More »FG Advised to Exit Gas Dollarization Framework and Moderate Energy Cost
The Federal Government has been advised to accelerate the Presidential Power Initiative to upscale power supply in the country. In addition, State governments and private investors should be supported to leverage the decentralization power supply and off grid power solutions. Giving the advise, while in a paper titled “FUEL SUBSIDY REMOVAL: ENSURING INCLUSIVE, IMPACTFUL AND SUSTAINABLE PALLIATIVE MEASURES” by the ...
Read More »SERAP Sues FG Over ‘Missing’ $2.1 Billion N3.1 Trillion Subsidy Payments
Socio-Economic Rights and Accountability Project (SERAP) has dragged the federal government before the Federal High Court in Lagos over its alleged failure to probe allegations that $2.1 billion and N3.1 trillion public funds are missing, or unaccounted for, between 2016 and 2019.SERAP is asking the court for an order of mandamus to direct and compel President Bola Tinubu to promptly ...
Read More »PAC Seeks Merger of NUPRC, NMDPRA and NCDMB
…… by Ben Ndubuwa…. The Policy Advisory Council set up by President Bola Ahmed Tinubu has recommended merger of all the regulatory agencies in the Nigerian oil and gas industry – the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and the Nigerian Content Development and Monitoring Board (NCDMB).The Council recommended that Tinubu’s administration ...
Read More »All On, GEAPP Commit $11 Million to Support 25 Mini-Grid Projects in Nigeria
……..by Ben Ndubuwa……Shell funded impact investment company, All On, through its Demand Aggregation for Renewable Technologies (DART) program, has announced its commitment of $11 million to support 25 mini-grid projects in Nigeria.This was made known at an inaugural DART workshop with off-grid developers, commercial banks, domestic investors, and other critical stakeholders to discuss strategies to unlock local currency commercial funding ...
Read More »Eko Disco Frowns Over Incessant Vandalization of Electric Power Equipment
……warns culprits risk 7 years imprisonment…… ……….by Ben Ndubuwa……Eko Electricity Distribution Company Plc (EKEDC), has frowned over incessant vandalization of electric power equipment by customers. The company warned electricity customers to desist from vandalising and tampering with its equipment or face five to seven years imprisonment. Dr Tinuade Sanda, the Chief Executive Officer (EKEDC), made the appeal during a customer ...
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