Heirs Energies, Renaissance Africa collaborate to drive Nigeria’s oil and gas devt
Heirs Energies Limited and Renaissance Africa Energy Company have expressed mutual commitment to strategic collaboration following a high-level courtesy visit by Osa Igiehon, CEO of Heirs Energies, to Renaissance's leadership team, led by the Managing Director, Tony Attah.
IKEDC deploys N1bn for system upgrade
The Chief Executive Officer, CEO of Ikeja Electricity Distribution Company, IKEDC, Mr Abiodun Ajifowobaje, said that over N1 billion had been deployed to drive various projects within the company.
FG tasks firm on embedded generation in South-East
The Federal Government has challenged the Genesis Electricity Company, to take advantage of the enormous gap in energy need of industries especially in the area of embedded power generation to light up the South-East zone.
Northern Nigeria gets N3.4bn EU grant for solar, wind farms
ABUJA: The Federal Government has explained that a chunk of N3.4 billion grant by the European Union, EU, will be used to boost renewable energy specifically solar and wind farms in the northern part of the country.
Nigeria’s offshore rig count reduces by 7
Apparently influenced by the diminishing global rig count and the cash crunch being experienced by the Nigerian National Petroleum Corporation, NNPC, in the execution of its joint venture projects, Nigeria’s rig count reduced by seven in June 2014, the International Association of Drilling Contractors, IADC said.
Nigerians to control 50% of domestic gas market — Seplat
Going by the wave of divestments in the Nigerian oil and gas sector, half of the domestic gas market will be in the hands of Nigerians by 2018, Mr. Austin Avuru, Managing Director, Seplat Petroleum has said.
