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.
NIMASA serves detention order on NLNG vessels
The row over the payment of levies between the Nigerian Liquefied Natural Gas Company Limited, NLNG, and the Nigerian Maritime Administration and Safety Agency, NIMASA, took a new dimension at the weekend, as the latter served a detention order on vessels belonging to NLNG for none compliance to pay $20 million outstanding debts.
TCN attributes 1,598MW drop in power to pipeline vandalism
The Transmission Company of Nigeria (TCN) has said that the sudden loss of 1,598 mega watts of power on Sunday is due to gas shortages resulting from the vandalism of two major gas pipelines supplying gas to eight power plants in the country.
Nigeria secures N128bn from equipment manufacturers
The Nigeria Content Development Monitoring, NCDMB, said the country has secured over N128 billion ($800 million) investments from oil and gas equipment manufacturers and their representatives for the next three years.
Nigeria missing from global shale production
Nigeria is nowhere to be found in the growing list of shale oil and gas production in the world. In a recent report by the United States-based, Energy Information Administration, EIA, (statistical and analytical agency within the U.S. Department of Energy), the most prospective shale formations are found in a group of 41 countries.
Total commences $15bn Egina project
Total SA has commenced the development of the $15 billion (N2.4 trillion) Nigeria’s offshore Egina field as part of its plan to boost production.
