By Oke Peter Statoil has unveiled plans to increase its investment in Nigeria with more than $10 billion, having set a goal to satisfy the country’s growing population’s demand for increased energy with natural gas. The move would further bring progress to the undeveloped Nnwa-Doro deep offshore field, raise more stakes in Agbami field and also…
Minister of Power, Works and Housing, Mr. Babatunde Fashola By Oke Peter The Minister of Power, Works, and Housing, Mr. Babatunde Fashola, has disclosed that China has set finance the construction of a project that would become Nigeria’s largest hydro power plant – the 3,050 megawatts (MW) Mambilla plant – through an export-import financing model….
The management of Petroleum Technology Development Fund (PTDF) on Tuesday, urged the oil and gas operators in Nigeria to collaborate more with public agencies with experience on research and development. The General Manager, Strategic Planning, Research and Documentation, Mr Jide Adebulehin, gave the advice in an interview with the News Agency of Nigeria (NAN) in…
The Oil Trading and Logistics (OTL) Africa Downstream has announced that its 2017 Expo will hold from 22 – 25 October 2017, at the Oriental Hotel in Lagos.The Downstream Conference 2017 will offer over 2000 delegates, speakers, exhibitors and special guests opportunities for high-level networking, business match-making and learning. The conference, traditionally sets agenda for engagement…
IDGTE members visit Clarke Energy’s Knowsley-based headquarters.By Oke Peter Clarke Energy’s Knowsley Headquarters recently hosted the Institution of Diesel and Gas Turbine Engineers (IDGTE) advisory council/trustee board meeting on the 21st of September 2017. The IDGTE is a unique organisation with a history dating back to 1913 and is dedicated to ‘serving the industry by encouraging…
By Oke Peter Public and private sector players in the Nigerian oil and gas industry have described the annual Global Nigeria Forum (GNF) as a model worthy of emulation by the country’s local content regulator. They spoke at the fourth edition of the forum held in Aberdeen, Scotland on September 9 with the theme: Enabling…
Minister of Power, Works and Housing, Mr. Babatunde FasholaBy Oke Peter The Minister of Power, Works and Housing, Mr. Babatunde Fashola, on Monday stated that the Federal Government would be open to welcome new and tangible offers that would lead to it divesting its 40 per cent shares in the 11 electricity distribution companies (Disco)…
By Oke Peter The Nigerian Petroleum Development Company (NPDC), a subsidiary of the Nigerian National Petroleum Corporation (NNPC), has said that it will grow its equity production from the current 180,000 barrels per day to 500,000 bpd by 2020. The Managing Director, NPDC, Mr Yusuf Matashi, who stated this in Benin, said the planned increase…
By Oke Peter ExxonMobil today announced an enhanced program to reduce methane emissions from its production and midstream facilities across the United States. The program, which builds on the company’s longstanding commitment to emissions reduction, prioritizes actions at sites operated by subsidiary XTO Energy and includes efforts to develop and deploy new, more efficient technologies to detect…
By Oke Peter The 6th Annual Powering Africa: Nigeria Investment Summit, organized by UK-based company, EnergyNet Ltd will be held on the 4th – 6th October, 2017 at the Hilton Transcorp, Abuja. As part of the official forum programme, DETAIL Commercial Solicitors will be hosting a seminar on the pre-forum day (Wednesday, 4th October…
