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Ghana power sector stumbles

Not too long ago, Ghana was a frontrunner in African energy. The country boasts an average access to electricity rate of 74 percent — far above the average rate of 47 percent for West Africa. But in recent years, Ghana's progress has stalled, as it wrestles with power outages and struggles to insta ...

Aydanur Akkurt - Africa Oil & Power


Posted 5 months agoOpinion > GhanaNana Akufo-AddoAmandi IPP +2

Big Promises: Ghana Election Special

Ghana's new government promised change – what does it mean for the oil and gas sector? Just weeks into the start of Ghana's New Patriotic Party government, and the changes for the oil and gas industry are already piling up — new government officials have been appointed, new leadership positions for ...

Aydanur Akkurt - Africa Oil & Power


Posted 8 months agoOpinion > GhanaElectionJubilee +10

CSR is the next frontier for Nigeria’s local oil firms  

When a company reaches a certain size there begins a compulsion to give back. Often it's a way to improve public relations, often it helps build the network of a company overseas. But where I believe companies ought to be compelled to direct their ‘Corporate Social Responsibility' (CSR) contribution ...

Flo Kigbala - Delta Deep Content


Posted 4 months agoOpinion > SocialCSRmarketing +7

When it comes to vandalism Nigeria needs to address the cause, not the symptom  

Successive administrations in Nigeria each have their strengths and weaknesses, but one thing each government department has perfected into a fine art is the amalgamation of bad news into a grand narrative of considered, deliberate development. They will also never, ever miss an opportunity to take ...

Derby Omokoh - Upstream Consulting Company Lagos


Posted 7 days agoOpinion > SeplatOandoAiteo Group +4

Aiteo at the vanguard: the powerhouse at the centre of Nigerian oil

There is a quote that says: ‘ the definition of insanity is doing the same thing over and over again and expecting a different result '. It's often attributed to Albert Einstein, but it perfectly describes the state of the oil sector in Nigeria. Governments come and go, oil licences are approved, an ...

Derby Omokoh - Upstream Consulting Company Lagos


Posted 16 days agoOpinion > 2018Aiteo GroupNigeria +11

Deadline threatens self-sufficiency in Nigeria

Nigeria has been something of a playground for the International Oil Companies (IOCs) since the oil boom began here in the 1960s. The resources they brought, the scales of production to which they were accustomed to and the reach of their extraction and distribution networks meant that returns were ...

Derby Omokoh - Upstream Consulting Company Lagos


Posted 5 months agoOpinion > NigeriaPIBjoint venture +5

Grab your popcorn - the PIB debate begins!

It's finally happening! The most eagerly-anticipated piece of legislation in the tumultuous history of the oil and gas sector in Nigeria is moving forward. Like a steam train pulling out of a station, it has taken a seemingly infinite amount of time to start but it now looks as though Nigeria's sena ...

Derby Omokoh - Upstream Consulting Company Lagos


Posted 5 months agoOpinion > PIBOilNigeria +3

What football tells us about Nigeria’s supply concerns

So the latest news from the bigwigs at OPEC is that Nigeria's crude oil production has fallen from 2 million barrels per day to around 1.27 million. This sounds like bad news, anyone can see. And one would be foolish to suggest that a 37.5% decrease in crude production is a welcome shift for our oil ...

Derby Omokoh - Upstream Consulting Company Lagos


Posted 5 months agoOpinion > FootballOilOPEC +5

Aiteo Group and Seplat lead indigenous Nigerian groundswell

A great change is occurring in at the grassroots of the oil and gas sector in Nigeria. For most of our country's history as a petro-state, the International Oil Companies have called the shots, dominating the exploration and production of oil products. But now, indigenous companies are beginning to ...

Derby Omokoh - Upstream Consulting Company Lagos


Posted 5 months agoOpinion > NigeriaIOCsInfrastructure +8

Nigeria’s local firms flex their muscles overseas

Nigeria's local content capacity is regularly overlooked. Our home-grown companies are cast in the shadow of the multinational oil majors like Royal Dutch Shell Plc, Exxon Mobil Corp., Chevron Corp., Total SA and Eni SpA, which currently produce about 90 percent of our crude. But change is afoot and ...

Derby Omokoh - Upstream Consulting Company Lagos


Posted 5 months agoOpinion > South SudanlocalcontentNigeria +6

On the brink of progress in the Delta?

Last month I was very interested to read the announcement from our esteemed Minister of State for Petroleum Resources, Dr Emmanuel Kachikwu. He may have been speaking at the Nigerian Oil and Gas (NOG) Conference , but in reality he was addressing the world. His message was this: that the Federal Go ...

Derby Omokoh - Upstream Consulting Company Lagos


Posted 5 months agoOpinion > 2017 Oil industry PredictionsNigerialegislation +2

Fries with that?! The US takes a big bite out of the Nigerian pie

It's not been an easy couple of years to be in the oil and gas sector in Nigeria. The last government seems to have given away enormously under-valued concessions to anyone that asked, the currency has fallen off a cliff and no one really knows what it's worth, and oil prices have hardly been kind t ...

Derby Omokoh - Upstream Consulting Company Lagos


Posted 5 months agoOpinion > USANigeriaJapan +6

Nipco the latest Nigerian home player to take a shot at the majors

For a while it was all Aiteo, Aiteo, Seplat, Seplat when it came to looking for home-grown Nigerian oil players with big ambitions. But there's a new contender! Nigerian fuel retailer Nipco has launched a 4.84 billion naira ($16 mln) offer for the shares it needs to take bump up its stake in Mobil O ...

Derby Omokoh - Upstream Consulting Company Lagos


Posted 3 months agoOpinion > NipcoMobilNigeria +3

New refinery to finally strengthen blind spot in Nigerian oil sector?

If latest reports out of Abuja can be believed, the completion of the Dangote Refinery in 2019 will mark a very significant milestone, and in fact a great step forward, for the Nigerian oil and gas industry. This is the latest project from Nigeria's most valuable export: Aliko Dangote. The $14 bil ...

Derby Omokoh - Upstream Consulting Company Lagos


Posted 4 months agoOpinion > DangoteOilNigeria +3

Should oil minors take heed of Renova’s moves on the LSE?

On a trip to London last week ( my first for a couple of months ), I took the opportunity to catch up with my favourite British newspapers. One story really caught my eye and prompted me to do a little research of my own. An old-fashioned boardroom row has broken out in London over a Russian comp ...

Derby Omokoh - Upstream Consulting Company Lagos


Posted 4 months agoOpinion > OilRussiaRenova +3
Last fetch 9/25/2017 5:01:03 PM