Wednesday, 8th February 2023
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3 Mar 2015
Mr Dickson Okotie is the Chief Executive Officer of  Eunisell Solutions, an indigenous oil and gas service company. In this interview with Roseline Okere, he spoke on the challenges facing full optimization of marginal oil fields in the country and the solutions. Excerpts. WHAT type of services is Eunisell rendering to the oil and gas…
24 Feb 2015
. As NIPP’s contribution hits 2,500MW THE Federal Government has commissioned new Turbine Unit of Egbin Power station and Olorunsogo power plant to boost electricity supply in the country.   Besides, the Nigerian National Integrated Power Project (NIPP) contribution to the national grid has reached 2,500MW on regular basis.   Speaking at the commissioning, President…
24 Feb 2015
THE Nigerian Electricity Regulatory Commission (NERC) has issued two on-grid electricity generation licences to KVK power Nigeria PVT Limited and Aluminum Smelter Company of Nigeria Plc to generate electricity from solar and gas-flared respectively   KVT Power on-grid power is to be located in Yabo, Sokoto state having met the requirements for the grant of…
24 Feb 2015
OPEC will regain ground and exceed its historic record production levels by 2030 as U.S. shale oil growth flattens out in the coming years, energy company BP said last week.   In the near term, demand for oil from the Organization of the Petroleum Exporting Countries (OPEC) is likely to remain under pressure as U.S.…
24 Feb 2015
The National President, Independent Petroleum Marketers Association Of Nigeria (IPMAN), Elder Chinedu Okoronkwo aims to place South East as an oil and gas processing zone. Recently, the Nigeria Union of Journalists Zone C honoured him with an award on excellence in entrepreneurial development following his successful run in the oil and gas sector. He spoke…
24 Feb 2015
DESPITE bleak prospects in the oil and sector, there are still viable opportunities to invest in the industry within Africa, even from an exploration point of view, the PricewaterhouseCoopers (PWC), has said.     In its report titled: “Fit for $50 oil in Africa”, released recently, the global firm said that the greatest opportunity at the…
24 Feb 2015
THE Nigerian National Petroleum Commission (NNPC), has reiterated its commitment to promote indigenous participation in the nation’s oil and gas sector.    Speaking during a visit to the fabrication yard of Kaztec Engineering Limited at Snake Island, Lagos, the Group Executive Director, Engineering and Technology, Adebayo Ibirogba, said NNPC was ready to partner with local…
24 Feb 2015
PETROLOG, an indigenous oil servicing company has acquired an ocean diving support vessel to boost its operations and advance the local content policy of the Federal Government.    The 100 percent Nigerian Flagged, ABS classed Dynamic Positioning (DP2) dive support system vessel is currently in Nigeria waters.    According to the company, this is the…
23 Feb 2015
ONE of Africa’s leading indigenous oil and gas service companies, Eunisell Solutions, has reaffirmed its resolve towards the provision of bespoke solution-based services to ensure the acceleration of oil production in marginal fields.  Speaking with newsmen in Lagos, the Chief Executive Officer, Eunisell Solutions, Dickson Okotie, noted that one of the major challenges facing the…
17 Feb 2015
ELECTRICAL devices have virtually emerged the essential tools in everyday living.  Testing these devices periodically has therefore become imperative, to ensure their effectiveness and safety for users.  In any electrical facility, be it commercial or domestic, the most important issue is safety.   Decades of substandard electrical equipment being used in the Nigerian Electricity Supply Industry…
17 Feb 2015
THE African continent would require about $3.2 trillion cummulative investment to meet the  energy demand occassioned by growing population by 2035.   The Managing Director, Africa, Electrical Sector, Eaton, Shane kilfoil, who disclosed this at its inaugural West Africa Technology Day in Lagos, said about 55 per cent of Africa’s population currently lack access to…
17 Feb 2015
THE World Bank has described poor electricity supply as a major retarding factor to economic growth in sub-Saharan Africa     The World Bank explained that lack of energy stunts the economic growth that’s needed to reduce poverty and boost prosperity for all Africans.   It however pointed out that mining companies can play a…


2 mins ago
To boost the capacity of relevant stakeholders working to protect migrants in vulnerable situations, the federal ministry of Women’s Affairs and the United Nations, (UN), and the International Organization of Migration, (IOM), have agreed to work together to fashion sustainable solutions to the issue.
5 mins ago
The Presidential candidate of the Peoples Democratic Party, Atiku Abubakar, has called on the Independent National Electoral Commission (INEC) to remove the Resident Electoral Commissioner (REC) in Lagos, Olusegun Agbaje, for alleged partisanship and compromise.
5 mins ago
Lagos State Governor, Mr Babajide Sanwo-Olu, on Wednesday announced a 50 per cent slash in the transport fare of all Lagos state government-run vehicles.
8 mins ago
The Economic and Financial Crimes Commission (EFCC) has arraigned Rashida, wife of Yahaya Bello, governor of Kogi and a relative for alleged fraud. Rashida was arraigned before a federal high court in Abuja alongside one Ali Bello, identified as a nephew to the Kogi governor. EFCC spokesman Wilson Uwujaren in a statement said the duo…
13 mins ago
The Nigerian Immigration Service (NIS) says it is on high alert and will identify, arrest and prevent foreigners from participating in the forthcoming 2023 elections..