Energy

Determined to grow local capacity in line with the local content agenda, ExxonMobil Nigeria Unlimited has awarded projects worth over $1 billion (about N198 billion) to Nigerian firms in the last few years

The Managing Director of Julius Berger Nigeria, who is also an Engineer, Detler Lubasch, said: “We are exploring of course in the power sector, which is the area we see the future. We also see the future in gas and oil. There is no doubt that gas and oil will be there in 20 years and longer but our core business is still building and road construction.”

An indigenous oilfield services provider, Weafri Well Services Limited, has stressed the need for massive investment in Health, Safety and Environment (HSE) standards to boost workers’ morale and guarantee optimum productivity.

CONSTRUCTION giant, Julius Berger has concluded plans to go into partnerships with credible investors willing to invest in upgrading of Nigeria’s electricity supply systems. Julius Berger is towing paths laid by the likes of General Electric (GE), which is investing heavily in the Nigeria’s emerging electricity industry with investments in capacity upgrade and technology transfer.

Seven Energy International Limited (Seven Energy), the indigenous Nigerian oil and gas development, production and gas distribution company has commenced the supply of natural gas to Notore Chemical Industries Plc. (Notore), a leading fertiliser and agro-allied company in Africa.

Israel Ibuje is the Managing Director of Mitega International Limited, an integrated security development company in Nigeria, with specialty in security oil and gas pipeline. In this interview with Roseline Okere, he believed that the application of the right technology would assist the country in fighting the issue of pipeline vandalism. Excerpts.

The Minister of Power, Prof. Chinedu Nebo has commission a 25KW Hybrid solar PV/ wind demonstration power plant.

The Egyptian government has reached firm agreements with Siemens on the construction of a 4.4 GW combined-cycle power plant and wind power capacity of 2 GW.

DATA from the International Energy Agency (IEA) indicates that global emissions of carbon dioxide from the energy sector stalled in 2014, marking the first time in 40 years.

Eland Oil and Gas has expressed its commitment to increase investment in Nigeria’s oil and gas sector, with optimism that its hydrocarbon wells are still commercially viable despite the plunging oil prices.

Global enhanced oil recovery (EOR) market is expected to reach $283 billion by 2020, according to a new study by Grand View Research, Inc. Growing global energy demand is expected to remain a key driving factor for global EOR market.

Oil prices might have stabilised only temporarily as the global oil glut is worsening due to production in the United States showing no sign of slowing, the International Energy Agency said on Friday.