Transgrid Enerco Limited has completed the acquisition of a 60 per cent equity stake in Eko Electricity Distribution Plc (EKEDC) The post Transgrid Enerco acquires 60% of EKEDC appeared first on The Guardian Nigeria News – Nigeria and World News. Read More
PETROAN projects 850,000bpd output from new refineries
Nigeria’s petroleum sector is entering a pivotal phase as domestic refining gains momentum as the Petroleum Products Retail Outlets Owners The post PETROAN projects 850,000bpd output from new refineries appeared first on The Guardian Nigeria News – Nigeria and World Read More
Heirs Energies acquires Maurel & Prom’s stake in Seplat for $500m
Heirs Energies Limited has acquired the 20.07% equity stake in Seplat Energy Plc previously held by Maurel & Prom (M&P), a transaction valued at approximately $500 million. The stake, comprising 120.4 million ordinary shares, was purchased at GBP3.05 per share. Read More
NNPC begins process to attract investors through planned asset stake sales
The Nigerian National Petroleum Company Limited (NNPC) has commenced moves to sell stakes in some of its oil and gas assets, according to a report by Reuters. The state-owned energy firm is seeking to optimise its portfolio and attract fresh Read More