Latest Opinions


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 1 month 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 4 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 26 days agoOpinion > SocialCSRmarketing +7

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 1 month agoOpinion > USANigeriaJapan +6

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 1 month 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 1 month agoOpinion > 2017 Oil industry PredictionsNigerialegislation +2

Clock ticking on Nigerian oil reform

After a 10-year wait, Nigeria and much of the oil sector globally wait this week in shared anticipation for the passing of the Petroleum Industry Bill (PIB). With just a few days left until the self-imposed deadline announced by the Senate for introducing the PIB, are we at last on the verge of a re ...

Derby Omokoh - Upstream Consulting Company Lagos


Posted 27 days agoOpinion > reformNigeriaindigenous +5

PIB delay latest: Buhari falls at first hurdle

Oh what a surprise. Not.   The most important piece of legislation proposed for the reformation of the single most lucrative and needy sector in Nigeria has fallen at the first hurdle. After positive noises have been heard from government sources over the past 4 months, many actually believed ...

Derby Omokoh - Upstream Consulting Company Lagos


Posted 24 days agoOpinion > BuhariPIBreform +4

Aiteo, Sahara, Seplat the front-runners in Nigeria’s oil renaissance

It's been a very long time since we have been able to report a different good news story every week in the Nigerian oil sector. But the positive trends, results and projections just keep on coming. It's almost enough to blow away the PIB blues . . . ! This week's good news comes from the Nigerian ...

Derby Omokoh - Upstream Consulting Company Lagos


Posted 19 days agoOpinion > Oil and GasNigeriaupstream +7

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 1 month agoOpinion > PIBOilNigeria +3

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 1 month agoOpinion > NigeriaPIBjoint venture +5

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 1 month 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 1 month agoOpinion > NigeriaIOCsInfrastructure +8

Start of the fightback or same old story from oil majors in Nigeria?  

It's been a purple patch for Nigeria's indigenous oil sector of late. After playing second fiddle to the international oil companies for the best part of the sector's history in Nigeria, homegrown talent has been rampant. If ever there was a time for the IOCs to worry for their future in the country ...

Derby Omokoh - Upstream Consulting Company Lagos


Posted 12 days agoOpinion > IOCsAgipExxonMobil +2

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 15 hours agoOpinion > OilRussiaRenova +3
Last fetch 5/23/2017 3:02:20 AM