Oando boosts skills acquisition with Oleum Academy
Oando Marketing Plc, has graduated its second stream of 200 mechanics from its Oleum Academy, in continuation of its training programme aimed at harnessing the potentials of auto-mechanics in Nigeria. The granduants, who cut across diverse backgrounds, were awarded the Oleum Academy certificates accredited by the National Open University of Nigeria (NOUN). According to the…
Local content board plans to protect local oil firms
PLANS are underway by the Nigerian Content Development and Monitoring Board (NCDMB) to ensure that low crude oil prices do not affect the implementation of Nigerian local content development law. The Executive Secretary of the Board, Denzil Kentebe, who disclosed this recently at the load out and sail away of the Sonam non-associated gas wellhead…
Unpaid bills from MDAs threaten Ibadan Disco’s N10.5b expansion project
The Ibadan Electricity Distribution Company (IBEDC) has cried out over the huge debt profile of the Ministries, Departments and Agencies (MDAs) which it claimed, were posing threats to its N10 billion expansion projects.
Power generation stands at 4,223.84mw/h
The Presidential Taskforce on Power has put daily average energy generation at 4,223.84 megawatt/hours (mwh/h), while daily average energy sent out was 4,137.70 mw/h as at Monday.
Nigeria’s success story of local content policy
The Nigerian oil and gas industry has recorded a significant milestone in the implementation of the Nigerian Content Policy in the areas of local fabrication of oil platforms.
The bogey of low exploration activities in Nigeria
Nigeria derives significant proportion of its total yearly revenue from the riches of its oil sector. The sector remains the major foreign earner and revenue contributor to the country.
Curbing pipeline vandalism: The PPMC’s technological strategy
Smooth transportation of petroleum products across the country has become a herculean task, due to spate of pipeline vandalism and ageing ruptured pipeline network. The menace, which the Pipeline Products Marketing Company (PPMC) has had to live with over the years, has forced the downstream oil sector to rely much on road haulage of products.…
Caterpillar pledges gas technology support for Nigeria
Equipment manufacturing giants, Caterpillar, has pledged to assist the country overcome its power challenges with its “Smarter Energy Solutions” driven by gas. Disclosing this at a seminar “Smarter Energy Solutions” hosted by Mantrac Nigeria Limited, in Lagos, Cat Territory Manager, Gas, Electric Power Projects, Sohail Anwar, said: “Caterpillar has been in the gas business and…