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.
Improved electricity supply expected in 3 years – Nnaji
The Minister for Power, Prof. Bart Nnaji, has said that the power sector would become a veritable brand ambassador for Nigeria in the next three years given the current attention government is paying to restore sanity to the sector.
Improving oil sector governance
On January 20, 2012, the Minister of Petroleum Resources, Mrs Diezani Alison-Madueke, set up a Special Task Force on Governance and Controls in NNPC and other Parastatals within her ministry.
NDPHC completes Agbara Transmission transformer
THE Niger Delta Power Holding Company Limited, NDPHC, has announced the completion of the 60MVA 132/33 KV Transmission transformer in Agbara industrial area of Ogun state.
Silvetti Group to train Nigerians on marine survey
AMERICA-based, Silvetti Group has said that part of its mission to Nigeria is to train the locals on the latest technology on marine survey, which is not common in the nation’s oil and gas industry.
LADOL, Samsung partner on capacity building
LAGOS Deep Offshore Logistics, LADOL, and Samsung Heavy Industries of Korea, have entered into partnership to boost human capacity and Nigerian content development in the oil and gas industry through the establishment of Samsung Nigeria Technology Academy, SaNTA.
Shell hinges investment on environment stability
Environment instability, particularly with regard to the legal, commercial and regulatory frameworks has been identified as the bane of investments in Nigeria’s upstream oil and gas sector.
Subsidy: PPPRA to check ‘double-dipping’ by marketers
The management of the Petroleum Products Pricing Regulatory Agency, PPPRA, said it has put in place strategies to checkmate sharp practices by petroleum marketers who wish to reap from the recent crisis that engulfed the downstream sector of the petroleum industry.
Reserves addition: Total calls for urgent exploration
To meet Federal Government’s new reserves and daily production targets of 40 billion barrels in reserves and 4 million barrels daily, French, oil giant, Total, has called for aggressive exploration activities. The French company said Nigeria should urgently start planning for beyond 2020 to 2030, if it must retain its key position in the global oil and gas industry.
Kerosene: PPMC faults IPMAN on non-allocation
The Pipelines and Products Marketing Company, PPMC, a subsidiary of the Nigerian National Petroleum Corporation, NNPC, has refuted claims by the President of the Independent Petroleum Marketers Association of Nigeria, IPMAN, Alhaji Aminu Abdulkadir, that members are being denied direct allocation of kerosene by the PPMC.
PHCN liquidation: Matters arising
In the wake of media reports that workers of the Power Holding Company of Nigeria (PHCN) headquarters in Abuja, were been deployed to various successor companies across the nation, the workers unions and affected staff believed the PHCN has been liquidated.
