A Private Developer in Power and Infrastructure, Sagamu Independent Power Plant Limited (SIPP) has announced the signing of an Engineering, Procurement and Construction (EPC) contract with Energy China for a 400MW Independent Power Plant (IPP) in Sagamu, Ogun state.
EEDC loses N15m to Aba power outage
Enugu Electricity Distribution Company (EEDC) has lost over N15million to power outage, following equipment failure at the Transmission Company of Nigeria (TCN), which has thrown Aba, Abia into darkness.
‘Why Nigeria cannot implement local content 100%’
Crude oil production may be affected if the Nigerian Content Development and Monitoring Board (NCDMB), were to enforce full implementation of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act.
Lumos Nigeria supports SMEs with energy solutions
Lumos Nigeria, in partnership with MTN Nigeria, has offered small and medium enterprises (SMEs) a simple solar power system, which could power their required basic energy needs to be more efficient, productive and profitable.
Royal Power deploys solar energy to school
Royal Power and Energy (RPE) has unveiled plans to generate large-scale power from renewables sources to meet the energy needs of Nigerians thereby enhancing availability for socio-economic activities.
Senate vows to ensure full implementation of NOGIC Act
The Senate has vowed to ensure full implementation of the Nigerian Oil and Gas Industry Content Development (NOGIC) Act passed by the National Assembly. NOGIC JQS was created in line with Section 55 of the Act, which states that the Board shall establish, maintain and operate a joint qualification system in consultation with industry…
Second West African petroleum exhibition, conference opens today
The West African International Petroleum Conference and Exhibition (WAIPEC) opens today with a two-day conference programmes and exhibition. Following the success of its maiden edition in 2017, this year’s WAIPEC, being hosted by the Petroleum Technology Association of Nigeria (PETAN), is expected to deliver high-level strategic sessions and discussions on game changing solutions for the…
Over 2,000 megawatts of power stranded in Nigeria
The current power supply challenge in the country has been traced to over 2,000 megawatts of electricity that is stranded. The Chairman, House Committee on Power, Mr. Daniel Asuquo, (Akamkpa/Biase Federal Constituency) in a chat with newsmen in Calabar stated that even though the power situation in the country is improving and moving to a…
‘Nigeria remains investment destination for oil, gas in sub-Saharan Africa’
Nigeria is said to be an attractive investment destination in sub-Sahara Africa despite the fast changing landscape of the global oil and gas industry. The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Simbi Wabote, at the BHGE 2018 Annual Meeting in Florence, Italy, while fielding questions at the Ministerial Panel, said Nigeria’s…
NEITI expresses concern over non-implementation of reports
The Nigeria Extractive Industries Transparency Initiative (NEITI), has expressed concern over the non-implementation of its findings and recommendation concerning dealings in the oil and gas industry. The Executive Secretary, Waziri Adio, while speaking in Abuja recently, said there several reports with far-reaching recommendations that have been placed in the public domain with clear challenges…
OGTAN harps on research, development in oil sector
The Oil and Gas Trainers Association of Nigeria (OGTAN), has emphasized the need to promote Research and Development in the oil and gas sector. The President of the association, Mayowa Afe, who disclosed this recently at a news conference in Lagos, said research funds running into millions of dollars are set aside by oil majors…