Engineering firm Jubaili Bros, in partnership with global engine manufacturer Perkins, last week hosted a technical seminar in Lagos that brought together key players in Nigeria’s power sector to discuss the country’s energy transition and unveil Perkins’ new 5000 Series Read More
Nigeria seals deepwater oil deal with TotalEnergies
Nigeria has signed a new production-sharing contract with French energy giant TotalEnergies and local partner South Atlantic Petroleum Limited (Sapetro) for two offshore oil blocks, in a move aimed at boosting exploration and strengthening energy security. The agreement, announced on Read More
Nigeria targets 25% OPEC quota hike by 2027
Nigeria is preparing to seek a 25 per cent increase in its crude oil production quota from the Organisation of Petroleum Exporting Countries (OPEC) by 2027, citing growing domestic demand as justification. Group Chief Executive Officer of the Nigerian National Read More
Nigeria to ditch diesel, slash emissions with hybrid energy – Shettima
Vice President Kashim Shettima has declared that Nigeria will soon phase out its reliance on diesel and significantly reduce carbon emissions through the implementation of an integrated hybrid energy system. Speaking at the opening of the Decarbonising Infrastructure in Nigeria Read More
Nigeria’s export capacity stalls oil-backed loan from Saudi’s Aramco
Negotiations over a landmark $5 billion oil-backed loan between Nigeria and Saudi Arabia’s Aramco have slowed, as doubts grow over Nigeria’s ability to guarantee the crude volumes needed to carry out the deal. The agreement, first initiated during President Bola Read More
Energy efficiency will support Nigeria’s transition plan – EU
The EU has said that energy efficiency is a catalyst that can directly support Nigeria’s ambitious energy transition plan, commitment to carbon neutrality by 2060, and broaden its climate action plan. Amb. Gauthier Mignot, of the European Union Delegation to Read More
Nigeria to expand gas infrastructure with 10 indigenous energy firms
The Federal Government, through the Midstream and Downstream Gas Infrastructure Fund (MDGIF), created with the Petroleum Industry Act (PIA), has signed joint venture investment agreements with nine companies with the aim of expanding gas infrastructure in the country. The companies—ANT Read More
Nigeria leading push to provide electricity for 300m Africans by 2030 – Speaker Abbas
The Speaker of the House of Representatives, Rt. Hon. Tajudeen Abbas, has said Nigeria is assuming a continental leadership role in the race to electrify Africa, with a bold target to help provide electricity to 300 million Africans by the Read More
Power supply key to economic growth in Nigeria – Igiehon
The Managing Director, Ossiomo Power, Dr. Uwa Igiehon, on Friday, tasked the Federal Government to grant more licenses to private investors in the energy sector to address the power and infrastructure deficit in the country. Igiehon made the call during Read More
Aquaterra Energy wins multi-million-dollar subsea contract for Nigerian project
Offshore engineering firm Aquaterra Energy has secured a multi-million-dollar contract with Intrepid Energy Limited (IEL) to provide a specialized subsea well intervention equipment package for a project in Nigeria. The equipment will support IEL’s intervention operations across multiple mature oil Read More